Castor Pang
Castor Pang
continued fresh funds good investors lacks market worries
Many investors and funds continued selling... as the market lacks fresh good news. Interest-rate worries continued to dampen sentiment.
affected continued japanese local losses market post retreat street wall
The local market continued to post losses as it was affected by the retreat of Wall Street and the Japanese market.
china further investors market order pressure prevent property rather stock
China will pressure investors to invest in the stock market rather than the property market, in order to prevent further property bubbles.
abroad believe buy force interest investors move peak rates securities
China's move to let investors buy securities abroad was a force for the market, and most investors believe interest rates may peak for the short-term.
austerity china correction expect further hit likely short stocks
China-related stocks will likely to be hit by the austerity measures. I expect further correction in China stocks in the short term.
believe china create growth retail upside
Many believe that the GDP growth in China will continue, and this will create more upside for retail shares.
current factors obvious quite support upside
The profit-taking is quite obvious this morning. The current factors and the fundamentals can't support the index to go up further. At this level, the upside is limited.
lift negatives
There are more negatives out there than anything to lift the market.
compared income property quite stable
Rental income is quite stable when compared with the income of property developers.
apartments continue falls financial hikes investors larger previous property prospects rate surprised worried
I won't be surprised to see more falls in the property and financial sectors even if presales of apartments continue to do well. Investors are worried now by prospects of rate hikes larger than those in previous months.
nervous people quite
People are getting nervous about H-share prices. At this level, H-shares are quite high.
chasing china commodity investors last obvious profits stocks taking
Overbuying of China stocks was obvious in the last two weeks. Investors are taking profits gradually, but some are still chasing laggards such as commodity stocks.
developers gains launch led local projects properties provided street support tokyo wall
Gains on Wall Street and Tokyo provided support to the local market. Properties led (the gains) as many developers will launch new projects for sale.
buying due extended gains helped late market selective support trade
Funds' selective buying helped support the index. The market extended its gains in late trade also due to some futures-related trading.