Not too late to boost your HK portfolio

American equities managed to advance despite US Federal Reserve chief Janet Yellen saying valuations are generally quite high and hold potential risks.

The futures markets showed the first rate hike won't happen until year end.

US earnings results weren't bad, as McDonald's, AOL and Microchip Technology performed above forecasts.

The US economy isn't that good to stimulate a rate hike, but better earnings can support stock valuations.

British stocks edged up as the Conservatives won an unexpected majority.

Chinese data continues to disappoint, but that means more measures are on the way to stimulate the economy. When Chinese stocks rise too fast, the regulators simply clamp down on margin trading and allow more firms to launch initial public offerings.

But any correction will offer a good opportunity for bargains and the potential return may be unexpectedly high.This week will see China's lending statistics, retail sales, and factory output.

I had said last Thursday it was time to look at A and H share discounts again Luoyang Glass (1108) and Nanjing Panda Electronics (553) rose 15 percent and 9 percent the following day!

It's still not too late to increase your Hong Kong stock holdings.

Dr Check and/or The Standard bear no responsibility for any decision made based on this column.