Tuesday, January 29, 2013

Profit-taking likely as Hang Seng Index hits 21-month high





The risk of a short-term correction may be rising for the Hang Seng Index after it hit a 21-month high yesterday, as investors look to book short-term profits.


The rise has already prompted Goldman Sachs to sell shares in ICBC and would probably encourage others to book profits, strategists say.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1138266/profit-taking-likely-hang-seng-index-hits-21-month

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