BULL* Sign

HK-CN market are still a good to buy, from recent (1st round) stock buy back program most Large-Cap shares rally 30 to 120%^ and that's only the beginning. Meaning, They're having a very positive CASH position. That would keep the hedge fund from shorting the stocks for awhile.
But*
The only pull back now are from US.FUTURE indexs like DJI.US and S&P.US Future as they keep falling (before) Asia market open or (after) Asia market open, and RALLY it back up after Asia market closed. That would give them a upper hand on Buying-Low and Sell-High position as and when they think they've accumulated sufficient amount.
You can call that manipulation but that how the stock market works.