Kenny Tang
Kenny Tang
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.
bargain china funds hunting mobile seeing sensitive stocks switching
We're seeing some bargain hunting in China Mobile as some funds are switching from interest-rate sensitive stocks that have rallied to China shares.
becoming created exit falls funds impact increase investors might potential quickly realize rise shares sharp skeptical wary
Investors are becoming more skeptical about the impact created by TCI and other hedge funds. They realize the shares could rise quickly in anticipation that the hedge funds might increase their holdings, but they are also wary of the potential for sharp falls when these hedge funds exit the market.
adding bullish funds including investors keeping local major positions remain stocks
Investors remain bullish about the local market. Most funds are keeping positions here, with some adding major stocks to their portfolios including HSBC and Cheung Kong.
excuse fears flow fund gave interest investors oil overall overnight positive prices rate remains rise sentiment sharp
While overall sentiment is positive and fund flow remains strong, the sharp rise in oil prices overnight and interest rate fears gave investors an excuse to sell.
banks continued driven early funds gains higher japanese market
The market was driven higher by the gains in the US and Japanese markets. Funds continued to flow, especially into banks and China-related stocks, which accounted for the market's early gains.
ahead fresh fund leading local mainly market overseas rally sentiment supported
The local market was mainly boosted by overseas gains. Sentiment was strong, supported by fresh fund inflows, leading to a rally ahead of the Lunar New Year.
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.
asset companies identify net property trading trying
They will be trying to identify companies that are trading at sizable discounts to their net asset value, and many of these will be property companies.
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.
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.
days pressure strong
There's some consolidation pressure after two days of strong gains.
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.