Kenny Tang
Kenny Tang
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.
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As the nation's largest player in this market, Nine Dragons would definitely grab more market attention than Lee & Man.
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.
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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.
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It was a technical rebound, but the upside was limited as the market was still building momentum. Buying interest was still on Chinese stocks, as they looked more attractive with their earnings stories.
buying cautious despite interest market outlook slight today
There wasn't much buying interest at all today despite the slight gains. The market is still cautious about the outlook for interest rates.
developer growth interest last market property rising sales slow strong year
The developer has benefited from a strong property market last year but the sales growth may slow down this year because of rising interest rates.
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The market was supported by Wall Street's rebound. There is also some optimism about HSBC driving up share prices.
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The market was in the midst of a mild correction after recent rally as investors took profits ahead of the upcoming Easter holiday.
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The market was helped by the increase in the Tokyo market.
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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.
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The market was consolidating after recent gains. Yue Yuen fell the most, following rumors of a share placement.
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The market is still looking for direction from the earnings results and interest rates.
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The market has widely digested trading leads that indicate further interest rate hikes will be needed and thus, investors were not very sensitive to that.