Castor Pang Blue Quotations

Heavy profit-taking in China Mobile led to the market's fall. Other blue chips were also lower as some investors locked in profits after recent rises.

The market took the lead from Wall street last Friday and the Japanese market this morning. Buying interest in select blue chips and China stocks was strong.

The market just showed mild profit-taking in morning trade but the losses were limited. It turned higher in the afternoon as funds started buying blue chips such as China Mobile again.

The market saw a technical rebound after recent sharp fall, with scores of investors hunting for bargains in select blue chips.