Investment Daily Note

The European Central Bank may announce more easing measures at its December meeting and is prepared to cut deposit rate deeper into negative territory if needed to fight falling prices. U.S and European stock markets ended up higher on Thursday, which may help to boost market sentiment in HK stock market.

Sa Sa International(178.HK)issued a profit warning last night. For the six months ended 30 September 2015, its profit is expected to record a decline of over 50% yoy, primarily due to the worsening operating environment of the retail sector which has led to significant drop in both sales and gross profit, and reducing operational efficiency. The stock price is expected to be under pressure.