Views: 559
0 0

The Hang Seng index has been for quite some time in a downdirfting channel structure, that has seen the Hang Seng price trendline drifting below the IKH A/B Senkou span, while also the 100 days Moving average with the 50 days moving average line have crossed the 200 days moving average line consolidating the technicals of a bearish trend. The Hang Seng downtrend could well continue with investors probably going to see the test of the 21600 points in the Hang Seng market. Asian stock markets dinamics are quite dissimilar to other countries, although there has two considerable main factors a past decade build-up of a considerable Credit Bubble in Asian markets, between businesses and consumers. In facts, observed in the Properties Developers credit bubble in China, with the Evergrande corporate debt defaults, while the overall size of Chinese corporate debts amounts to $27.0 Trillion dollars, equal to 159% debt-to-gdp ratio.

CHINA HOLDS $27 TRILLION DOLLARS IN CORPORATE DEBT, EQUAL TO 159% DEBT-TO-GDP

HOUSEHOLDS DEBTS TO GDP HAS SEEN A PARTICULAR BUILD-UP IN SOUTH KOREA 105% AND HONG KONG 91.4%