Ben Kwong Quotations

Sentiment remained strong as hot money was still floating around the market.

China shares will continue to get market attention.

I expect the market to stage a mild technical rebound. Interest rate worries will continue to affect sentiment and limit momentum for the rise.

I expect a pretty good growth from HSBC.

If the HSI falls below the major support at the 50-Day moving average of 15,314, it might have a negative impact on the recent rally seen in third and fourth liners stocks.

Property stocks rose because the market is speculating that other Hong Kong banks will also lower rates, reducing the burden on property buyers.

It's time for the blue-chip stocks to catch up with the H shares. It's obvious that funds are switching to blue-chip stocks from the pricey H shares, which may have reached a peak.

It's time for a stronger open. Overseas gains will give local stocks a lift. But the rise will be moderate until the market gets a good excuse to move further up.

Investors are hoping the 15,000 point level will hold. If the index breaks through that level, then the market may have further corrections. If it holds, then this means current market consolidation is a healthy one.

Interest rate uncertainty and the fact that major blue chips have already announced results force a new correction on the market.

The market will move relatively sideways in the absence of any stimulus. There's a lack of trading theme.

The market is in a consolidation mode after recent gains. The rise in crude prices is also providing investors an excuse to sell.