Howard Gorges
Howard Gorges
interest investors rates scores view
Scores of investors are of the view that interest rates won't go up much higher.
coming
They won't go mad; they're coming back after being in the doldrums.
cautious interest investors
There is some profit-taking after yesterday's gains, with many investors investors cautious over interest rates.
appetite correction good market moving recent sharp sort
Some sort of correction was overdue. The market may now be moving into consolidation after recent sharp gains. There is still a good appetite for stocks.
bit good higher markets news push shake
A bit more good news could push the markets higher but any uncertainty could still shake them out.
bit buying people selling strength volatile
It's been a bit volatile today. People are selling into strength and buying into weakness.
ahead apply change controls earnings faces gain good government happy investors last local looks operations overseas power problems scheme year
It's good to see CLP making a one-off gain last year and investors are happy to see that its earnings from overseas operations are increasing. However, it faces problems ahead as the government looks to change the scheme of controls which apply to local power companies.
discover integrity people suddenly
You can't just get people to suddenly discover integrity overnight.
account buying cut interest rate seeing
It may not be long before we see another interest rate cut and this could account for the follow-through buying we are seeing today.
buying hurt people stocks
We are getting a lot of rotational buying on blue-chip stocks right now. People are buying stocks when they are hurt or lagging.
bit growth high might money perhaps potential quite relatively simply
In the long-term, I think there is quite a lot of institutional money that might just want to simply have a yield, a relatively high yield, with perhaps a little bit of growth potential in it.
bid chinese combat drive invest people savings stock
In a bid to combat deflation, there was a concerted drive by the Chinese authorities to get people to take their savings and invest in the stock markets.
explains gains kong lead overseas tokyo took wall
Hong Kong took a lead from Wall Street, Tokyo and other overseas markets, and this explains gains this morning.
bit good government guarantee kong light mortgage provide selling
Yesterday's announcement by the Hong Kong Mortgage Corporation that the government would provide a top-up guarantee on mortgages was good for the market. But we are still a bit cautious. It was very light turnover and there was no real selling pressure.