Many believe that the GDP growth in China will continue, and this will create more upside for retail shares.
China will pressure investors to invest in the stock market rather than the property market, in order to prevent further property bubbles.
China-related stocks will likely to be hit by the austerity measures. I expect further correction in China stocks in the short term.
Henderson Land's strong gains were due mainly to speculation that it might privatize unit Hong Kong & China Gas and launch a real estate investment trust.
Overbuying of China stocks was obvious in the last two weeks. Investors are taking profits gradually, but some are still chasing laggards such as commodity stocks.
Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory.
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 gains, led by heavyweight China Mobile, were underpinned by heavy purchases from institutional investors.
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 rebounded from Friday's fall, with property stocks and large cap China Mobile leading the gains. Tokyo market's rally this morning boosted market sentiment.