Hongkong Index Move Sideway

Stock trade in Hong Kong stock exchange on Tuesday (29/12), the Hang Seng index also moved sideways in early trading, briefly moving flat 0.01 percent lower at 21, 916.79. However the current move positive ride 0.42% at 22012.45. The movement ofthe stock exchange of Hong Kong are still observing a deficit trade balance going on. The increase of the deficit caused by a decline in exports although the import is successfully kept trimmed.

Hong Kong's trade deficit decreased by 36.6 percent to HKD 33.1 billion in November 2015 from HKD 52.2 billion deficit a year earlier, but was larger than the deficit of October HKD 30 billion.

In corporate news, Imagi International Holdings, which owns Imagi Animation Studios, appointed non-Executive Director Mr. Leung For as its Chairman. Leung replacesformer Chairman Shan Jiuliang whose existence is not known since mid-October.Imagi International shares rose 7.84 percent.

Meanwhile, the movement of the Hang Seng futures index this morning observed experience reinforcement, up 142 points or 0.65% in 22, 004.00, up from the previous closing trade at 21, 862.00.