Stock market round-up for SGX and HK.

For Singapore and HK market....kind of weak but still the focus is on the 2nd and
3rd liner shares to move up. Of course...the Index stocks are still being supported but due to the high share price thus the cost of commission which make buying them a risk.
For 2nd and 3rd liner shares ( so called penny stocks ), one has to scan thru all of them and checked to see if got any news or theme for them to move up. If not...also not a good bet also must think of the price range and profit-to-risk ratio.
As the market got higher....the risk is also higher. Same as mountain climbing.....
higher one got to, harder to breath ( air got thinner theory haha ).
At present...my main holding is focus on 2 "big" lots of SMIC ( 500lots ) and Global Bio-Chem ( 80 lots - after selling off 100 lots to cushion the pain of the screw-up of SMIC ).
Btw I still managed to make....about 1K+ of unrealised profit at the end of the day due to the gain from the newly bought SMIC shares. Ave price for the 480 lots was at 82.7 cents and the closing price was at 84 cents.
I may focus on HK and SGX penny shares for now to trade....also decided to hold the vested level to about 30% funding level from present 45% whenever have a chance to clear.
Stocks to keep an eye on :
SGX - Midas ( already BP today ), Biosensors ( Lowest K-line and at near support level of 78 cents ) and Oceanus ( low K-line and at BP level ).
HK - Global Bio-Chem : HK0809 ( low K-line and just break peak ), Shenzhen Int'l :
HK0152 ( already BP ) and Fosum Int'l : HK0656 ( low K-line and near BP level ).