Kenny Tang
Kenny Tang
due expected further pressure property rise sales shares slow stocks technical year
The rise in property stocks was due to a technical rebound. These shares will come under further pressure as property sales are expected to slow in 2006 from a year earlier.
accounting affect both continue expected half income investment profit properties second standards underlying until value
The new accounting standards won't significantly affect Cheung Kong's underlying profit until the second half when both rental income and the value of its investment properties are expected to continue to rise.
cent follow gain likely material per recent similar stock trading
The stock is likely to see as much as 30 per cent gain in the first trading day to follow the similar recent gain of other material stocks.
capital evidence further kong low remains risk slump stocks strong support
The risk of a further slump of Hong Kong stocks is not great, as there is no evidence there are capital outflows in the region. Strong support remains at the mid-February low of 15,241.
days pressure strong
There's some consolidation pressure after two days of strong gains.
average falling interest life market months past percent property rates rising six stocks
Property stocks sprang to life after falling about 10 percent on average over the past six months as rising interest rates dampened property market sentiment.
despite dragged funds helping kong lower overseas pressure showing stocks support trade weak
Profit-taking dragged the index lower. But funds are still in Hong Kong and are helping support the index despite the pressure on stocks to trade lower after the weak showing of overseas markets.
attention definitely dragons grab largest lee market nine player
As the nation's largest player in this market, Nine Dragons would definitely grab more market attention than Lee & Man.
commodity demand economy increased slow stocks
Commodity stocks can still outperform the market. The U.S. economy is not going to slow down. There should be increased demand for commodities.
affected blue chips dragging markets overseas regional shares weakness
Weakness in overseas and regional markets affected trading, dragging down blue chips and H shares early.
further likely moves
Further consolidation in the index is likely before it moves any higher.
across affected both chips increase kong lending news property pulled red sector sentiment seriously
Sentiment was seriously affected by news of an increase in China's lending rates. This pulled down the property sector both in Hong Kong and on the mainland and also affected H-shares and red chips across the board.
china confidence prospects reflecting stocks
China stocks outperformed the market, reflecting investors' confidence in these stocks and the prospects of China's economy.
adjustment appetite financial foreign improving market phase prospect recent second underlying
While the underlying prospect of the mainland financial stocks' improving profitability and the appetite of foreign institutions over mainland's financial market remains, the recent slowdown is an adjustment for the second phase of growth.