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About Quam Stock Library Plus (QSL Plus)
QSL Plus is an upgraded version of QSL Basic. Other than the features already included in the basic version, it carries more unique features and functions which include :
Company Summary
Company Profile
IPO Monitor
Advanced Charting System
Market Calendar
Company Summary
10 years earnings and dividends summary (5 years in the basic version): it provides a longer period view of company earnings history.
Company Profile
Business review and outlook: In addition to company profile, it includes more details about the past year business and future prospect extracting from company's financial report.
IPO Monitor
This section provide more information about IPOs company with also sponsors comparison.

Major information about newly listed stocks and warrants are summarized here. You can search general information like expected listing timetable and price performance since listings, but also obtain some price-sensitive information like IPO lock-up period.

Generally, selling force after the IPO lock-up period will be greater as the supply of tradable number of shares in the market will increase. Investors should pay particular attention to some overvalued stocks which have thin liquidity and relatively small market capitalization. The prices of such stocks will usually have greater volatility and may have greater downward price impact when the substantial shareholders are liquidating their shares on hand.

 
Advanced Charting System
Advanced charting system (HK Stocks/index/Forex) with 10 years or more records, P/E Bands and various indicators which you could adjust to your desired values, and stocks performance comparison with a maximum of 3 stocks (with option of comparison with index).
Powerful technical analysis tool covering :
1. Local stocks & warrants;
2. Local & worldwide stock market indexes;
3. Local & worldwide forex markets; and
4. Sector Indexes.
A comprehensive coverage of many useful technical indicators

(e.g. RSI, Bollinger Bands, Simple/Weighted/Exponential Moving Average, DMI, MACD, OBV, Price Performance, Stochastics and William %R, etc.) that enable users to make smarter investment decision.

Special features includes :
1. Quick data retrieval time and easy navigation within one screen.
2. User-friendly icons for zooming in/out screens and shifting time frames.
3. Technical charts with long historical data coverage that can be traced back to the latest three years, ten years and over fifteen years for daily, weekly and monthly chart period respectively.
4. PE Band analysis, a powerful analytical tool which is traditionally used by security houses for research purposes.
5. User-friendly tools for drawing technical lines like Speed Resistance Lines, Horizontal Lines & Fan Lines in Golden Ratio, Support & Resistance Lines, Trading Channels.
6. Trend analysis for Stock-to-Stock, Stock-to-Index and Index-to-Index Performance Comparison.
Market Calendar
A calendar view of useful information about the stock and major derivatives markets such as IPO Lock up expiries, Share Buybacks, Short Selling tables, Capital raising record, stock/warrants turnover comparisons, Warrants turnover distributions, Put/call ratio on warrants/HSI options, Open interests futures contracts summary.
Global Financial Market

Market Calendar helps you to easily access comprehensive information covering both macro market overview and individual local stocks under different time horizons. Data from specific time horizon (i.e. Today Focus, Daily, Weekly and Monthly) can be generated by simply clicking the user-friendly Calendar Frame. Investors can have better insight and market timing ability in the stock market by studying data under various pre-defined reports such as:


 
 
Global Financial Market & World Stock Market (Provides you an global overview with different price trends about major world stock indexes),
Forex markets,
US bond market (i.e. 5-yr & 10-yr Bond Yield),
And various commodities markets such as IPE Brent Crude Oil, NY Crude Oil, NY aluminum, NY copper, NY gold, NY silver, NY platinum and NY Cotton#2.

Investors can look into the prices of the commodities to help in judging the reasonable value and price movements of related stocks. Historically, commodities generally rise in a faster pace than the stock market when the economy is having a positive turnaround in the initial recovery period. Moreover, commodity market has a very low correlation with the stock market, and thus, commodities can serve as good diversification tools in an investment portfolio.

Market Snapshot

Sometimes, a clearer picture about the trend of the stock market can be observed through various data in the derivative market (e.g. options, futures, warrants, etc.) and the cash market. Trading summaries of stocks and warrants shown in the "Constituents Performance", "Top 30 Stocks" and "Top 30 Warrants" could give you further understanding of the price performances in different indexes and information about some hot stocks in the market. In addition, reminders about the release date for HK/US economic data also alert you about the upcoming variables in the market.

More importantly, the analytical data contained in the "Turnover Analysis" and "Derivatives Summary" provides you rich information about the overall stock market. Market turnaround can be more easily observed from the overall picture of these data, together with other technical and fundamental figures. Now, Put/Call Ratio analysis is shown within the "Turnover Analysis". It is used to measure market sentiment. When the ratio is too low, it indicates that the market may be overly bullish, and vice versa.

This phenomenon can sometimes be observed from the options market in Hong Kong and related information can be found in "Options Market" under "Turnover Analysis". The Put/Call Ratio here is calculated by a dollar-weighted method. It is constructed by using not only the volume of the various options, instead, it is computed by multiplying the volume and price. The Put/Call Ratio is derived from this formula: P/C Ratio = (The total of the product for all put options / The total of the product for all call options). The main difference between the "normal" and weighted ratios is that the weighted put-call ratio generates more extreme figures, especially at major turning points.

Apart from the options market, data about warrant issuers" trading records in the warrant market can also be found in the "Derivatives Market" under "Turnover Analysis". Sometimes the warrant issuers might have an advantage in market information and expertise; it was found that the Put/Call Ratio may be applied in opposite way as the contrarian. In other words, when the trading turnover in put is higher than in call warrants, the specific stocks or index tend to perform with bearish (or bullish) trend, and vice versa.

Insider Trading

Data from securities buyback, short selling and substantial transactions helps you to assess the intrinsic value of a stock through some large numbers share transactions which are usually conducted by someone who have more complete information about a company.

Securities Buyback are transactions made by the listed companies themselves through buying back their own shares from the stock market, and afterwards, those repurchased shares will be cancelled on the book of the companies" account. Companies tend to repurchase their shares when they have excess funds on hand that has no other alternative use (e.g. attractive investment projects ahead) or just for some strategic purposes. Moreover, the management of listed companies usually take this action when they think that the market price of their shares are undervalued in the market or trading at lower price than its book value.

Consequently, securities buyback can usually serve to increase the net asset book value per share.

Short Selling activity is limited to certain authorized entities in Hong Kong. Furthermore, not all of the listed securities can have short-sell positions in the market. Instead, only a portion of designated securities in Hong Kong can have short-sell positions.

Markets or stocks that have no short-selling mechanism will more easily lead to upward bias. In general, short-selling activities serve to drive overvalued stock market prices back to a reasonable price. Short-selling activities do not necessarily mean a negative signal to a stock because it may be only due to some portfolio adjustment or arbitrage opportunities. However, some negative signal about a stock"s price may appear when the amount of short-selling shared a exceptionally high percentage of its total trading turnover or it shared an increasing and significant percentage from time to time.

The validity of such kind of signals can be further confirmed by other technical and fundamental indicators. Of course, from the contrarian"s point of view, huge accumulated stock short positions can be a buy signal if the prices of stocks have already corrected to an attractive level, especially when the market sentiment has improved and previous short-sellers need to settle the short positions with long positions afterwards.

Substantial Transactions can show some exceptionally large amount of transactions as released from The Stock Exchange of Hong Kong. Currently, any volume per transaction (in shares) that exceeds the maximum board lot per transaction of any particular security will be provided with its related price and volume here. Thus, investors can detect and judge whether there are some trading anomalies that may imply some buy or sell signals.

Disclosure of interests. For shareholders who hold more than 5% of a listed company, the increase and decrease of his/her shareholding would be revealed in this section, whose action may tell stories of the listed companies. The section shows a summary of weekly, monthly changes in shareholdings from significant stakeholders.

Using the sorting function, you could collect particular players or stocks shareholding activities in the market.

Company Memorandum

Reminders about all companies" fundamental data such as results announcements, stock entitlements, capital raised, and net asset value for listed investment companies can be easily located here. Interactive reports are also available for searching companies with profit turnaround, loss narrowing, profit growth, placing of shares, etc..

Investors can search for some undervalued listed companies that have announced promising results but the market has not yet responded to such strong fundamentals. On the other hand, investors can also look for some undervalued companies that are estimated to have promising results and fundamentals that have not yet reflected in their market price.

Trading Monitor

Covers all individual securities' trading arrangements (e.g. parallel trading, suspension, name change, board lot change, etc.) and categorized trading alerts (e.g. exceptional price and volume, price warning, clarifications, litigations, etc.).

Information about trading arrangements shown on newspaper cannot be shown in an interactive way. In contrast, both trading arrangements and some selected trading alert signals extracted from public announcements can be easily browed in this Trading Monitor.


 
Corporate Actions

Reminders regarding notice of meetings and changes in directorships, auditors, company names, company secretaries, etc., can be browsed here conveniently. Information provided here is generally not price-sensitive data. However, market participants usually hold a negative view against companies that have suddenly changed their auditors, in particular for some firms which have inferior corporate governance or accounting records (e.g. qualified opinion from auditors).

More Coverage
Other than Hong Kong stocks, QSL Plus also covers index closing and charts on world financial market as the major market indices including DJ Ind, NASDAQ, S&P500, Nikkei225, Shanghai A/B and Shenzhen A/B etc. shares market. And it also covers FOREX, Commodities, and Bonds.
FOREX (closing and 10 years chart)
USD, JPY, CHF, EUR, NZD, AUD, CAD, GBP
Commodities
NY Aluminium, NY Copper, NY Gold, NY Silver, NY Platinum, NY Cotton#2, NY Crude Oil, IPE Brent Crude Oil.
Bonds
10 Year Bond yield
5 Year Bond yield
Advanced Charting System
Market Calendar
QSL Plus Subscription
1-month
HK$180
3-month
HK$518
6-month
HK$960
12-month
HK$1,800
Customer Testimonials

"Quam Stock Library is a useful tool as it has comprehensive technical data for analysis."

"It provides a quick and convenient way to find company performance info."

"Quam Stock Library provides me lots of data which is very useful for my analysis of stock and selections."

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