Castor Pang
Castor Pang
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.
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.
afternoon blue buying china chips funds higher losses market mild mobile morning trade turned
The market just showed mild profit-taking in morning trade but the losses were limited. It turned higher in the afternoon as funds started buying blue chips such as China Mobile again.
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.
believe external investors
Most investors still believe the influx of cash, or the influx of external funds, will continue.
believe developers interest investors means next peak property quarter rates rebound
Most investors believe interest rates will peak in the next quarter which means property developers should rebound soon.
highs investors irrational reached taking
Most H-shares have reached irrational highs so investors are now taking profit.
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.
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.
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.
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.