Francis Lun
Francis Lun
continued gains strong
There was continued profit-taking in H-shares after strong gains by many counters recently.
beyond investors profit risen surprise
Some H-shares have risen beyond their respective fundamentals and it's no surprise to see investors take profit on them today.
cautious interest investors local property rates rise towards
Local interest rates are on the rise and this is making investors cautious towards the property sector.
allowed bring disclosure positions short
Introducing disclosure on short positions can bring more transparency to the market. You should be allowed to see who's hammering you with their short bets.
expect forecast interest others people report results selective shares strong turn weak
Interest in H shares is selective as people expect some H shares to report strong results this week, while others are forecast to turn in weak earnings.
among beijing believe china chinese companies financial investors latest major move
Institutional investors believe that China financial companies will be among the major beneficiaries of the latest Beijing move on the liberalization of Chinese investments overseas.
investors ready weak
Institutional investors are getting weak at the knees. They're ready to sell.
assets case funds government immediate link providing sold
In the case of the Link REIT, the government sold off the assets too cheaply, providing hedge funds like the TCI with an immediate upside.
caused collapse domino effect investors japan kong looking reason stocks
The collapse of stocks in Japan has caused a domino effect in Hong Kong and investors are looking for a reason to sell.
herd mentality
The tycoons got into it. It's a herd mentality more than anything else.
dragged performance weak
The HSI was dragged down by the weak performance of some heavyweights, such as HSBC.
market rise
The market will rise to a crescendo before falling.
austerity blows china continue correction drop interest market means rate
The market will continue to drop as China imposes austerity measures, and we have interest rate (fears) in the U.S.. These two blows means we're in for a correction -- a substantial one.
concerned crashed expecting hikes people rate rather three
The market's still concerned about rates. People are now expecting three more rate hikes rather than two. That's why the market's crashed this week.