Kenny Tang
Kenny Tang
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.
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.
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.
blue breach china chips helped main points sentiment stock strong
The main contributor to the index was China Mobile. The strong sentiment for the stock spilled over to other blue chips and helped the index breach the 16,000 points level.
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.
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.
attractive due upside
The upside should be sustainable due to its attractive yield.
believe came china economic growth keeping move send serious signal strong surprise wants
The move came as a surprise to the market. I believe that China wants to send a strong signal that it is serious in keeping economic growth in check.