Castor Pang
Castor Pang
blue china chips heavy investors led locked lower mobile profits recent
Heavy profit-taking in China Mobile led to the market's fall. Other blue chips were also lower as some investors locked in profits after recent rises.
china heavy led market purchases
The market gains, led by heavyweight China Mobile, were underpinned by heavy purchases from institutional investors.
aviation chance exposure financial gains increase present
There's short-term speculation on aviation as gains in other sectors, like financial services, present a chance to increase exposure in other sectors.
banking continue cycle drivers expecting hike interest market people property rate stocks
Property and banking stocks will continue to be the drivers of the market with people expecting the interest rate hike cycle nearing its peak.
china drove market negative stocks
Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory.
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.
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.
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.
driven panic rebound signal strong today yesterday
The plunge yesterday was driven by panic selling, the rebound today is a strong signal for buying.
late limited losses market outlook points short term trade turned
If the losses can be limited in late trade and the market turned back to 15,500 points level, the short term outlook will still be positive.
lift negatives
There are more negatives out there than anything to lift the market.
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.