Hong Kong – Wednesday, 23 January 2019 – CLSA Limited (CLSA), Asia’s leading capital markets and investment group, today launches its 25th CLSA Feng Shui Index (FSI), a tongue-in-cheek look at what is in store for you and the Hang Seng Index in the Year of the Earth Pig. The guide also includes top sector picks, Hong Kong property tips and zodiac predictions for health, wealth, love and career for the coming year.
Hardworking and affectionate, the Pig is the twelfth and last sign in the Chinese zodiac. Small quarrels and pesky spirits may upset its usual good-natured enthusiasm in 2019. With so much volatility in the Feng Shui destiny charts, investors are advised to focus on limiting losses rather than chasing large gains. As always, we advise investors to consult CLSA analysts’ latest sector and market insights prior to making any investment decisions.
Our focus, first and foremost, is to forecast the monthly moves of the Hang Seng Index, our favourite Earth Rooster, by comparing its birth chart with that of the Pig. This year, water and fire are unsettling the charts. The Index starts the Chinese New Year rolling in mud, with some sharp dips. With yin metal adding to yang fire in May and June, business sentiment picks up and money will be made, though a reverse into negative territory in mid-July is in the bag. September will see the largest decline for the second half. November is as good as it gets, while in December stocks stumble all over the place. Expect a fat end to a lean year.
With fire coursing through the Feng Shui chart, technology and internet stocks should do well. Prospects for telecoms, petroleum by-products and utilities also look bright. Earth industries including construction and real estate will perform well through the late summer, while tourism, paints, logistics, hospitality and all forms of shipping will rise with the tide in the second half. Investors should expect a year of restraint rather than progress in metal-related sectors such as financials and machinery.
Hong Kong property investors should consult the charts before making any buying decisions. The flying stars bring their attributes to bear on the nine areas of Hong Kong they inhabit. The Eight White wealth star sits in the Centre; this is where the money is! The Five Yellow and Two Black bring illness and disaster in the Southwest and Northeast so it is best to steer clear.
As far as the zodiacs go, it will be a great year overall for Horses, Goats and Rabbits, and a relatively good year for Rats, Dragons and Roosters. Pigs, Ox, Snakes, Tigers, Dogs and Monkeys could suffer the wrath of the Tai Sui and other pesky stars, and will need to keep their wits about them.
As is tradition, the CLSA Feng Shui guide also includes zodiac predictions for some famous faces. The granddaughter of the founding father of the North Korean regime, Kim Yo-jong, should see a breakthrough in her career prospects. Bill Shorten will be hoping that the stars take him to the Australian Prime Ministership this year, and all bodes well for Michelle Yeoh as long as she is not thinking of retiring from the screen again.
The bones of the CLSA FSI are formed by first evaluating the Bazi (eight character fortune) against the birth sign of the Hang Seng, which is the Earth Rooster launched in November 1969. Then the mysterious influences of the wu xing (five energies) and xuan hong (flying stars) are incorporated into the mix. In assessing the sectors, we concentrate on the relative strength of each of the elements – Earth, Water, Metal, Wood and Fire – as they cycle through the five phases in the respective monthly charts.
Visit clsa.com for more details on the 25th CLSA Feng Shui Index – Year of the Earth Pig.
About the CLSA Feng Shui Index
Launched in the Monkey year of 1992 as a Chinese New Year card, the CLSA Feng Shui Index initially comprised forecasts from a group of Feng Shui masters combined with views of our own. To flesh it out, CLSA predicted the performance of the Hang Seng Index based on the omens. Little attention was paid to the contrarian chart until year end, when it appeared to have correctly called all seven of the Hang Seng’s major turns. Acclaimed by investors globally, the CLSA Feng Shui Index took a break during the bull-run from 2006 to 2008, and was revived in 2009 by popular demand. This year marks the 25th edition of the CLSA Feng Shui Index.