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.
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.
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.
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.
ahead buying earnings expect investors months property results shares six strong
Investors are buying property shares ahead of results. Most expect the results to be strong on the back of contributions from new (property) developments which should have contributed to earnings in the six months to December.
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.
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.
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.