More fund managers are selling their stocks in the market in the past two days, which could be a sign for a rapid drop in market.
Some H-shares have risen beyond their respective fundamentals and it's no surprise to see investors take profit on them today.
Local interest rates are on the rise and this is making investors cautious towards the property sector.
The amount of turnover in the market is astounding. This signals that a lot of people don't want to miss the boat if the market keeps rising.
Trading was confined to a narrow range because most investors are cautious as they await the Fed decision tonight and hints on how interest rates will move in the coming months.
The experience with New World Development proved a company could rebuff attempts by TCI to keep increasing its holding. What New World Development did was to place shares to friendly investors to strengthen its controlling stake.
Exxon Mobil reported record profit and people expect the same thing for oil producers' 2005 profit.
Falls on Wall Street last night and profit-taking in H-shares, many of which had a strong run lately, are the major reasons for the market's fall today.
There's some bargain hunting helped by gains in overseas markets but the market is quiet.
Select H shares, like China Mobile and commodities, continue to generate buying interest.
People are still very keen on buying China shares as it's the biggest growth story -- and Hong Kong is catching the coattails of China's growth.
Bank stocks were lifted today due to better than expected earnings from Bank of East Asia, but interest rate worries hurt property stocks.
That (offering) should get a good reception, because there is really no sign that the price of oil will crash, so I think the share price will still rise.
There was short-covering on some H shares after falls last week.
There was continued profit-taking in H-shares after strong gains by many counters recently.
It seems like institutions are still holding back from the market, maybe they are waiting for it go lower.
Strong sales of apartments over the weekend and China's decision to allow the country's social security fund to invest overseas, beginning this week, provided support to the market.
Interest in H shares is selective as people expect some H shares to report strong results this week, while others are forecast to turn in weak earnings.
Institutional investors believe that China financial companies will be among the major beneficiaries of the latest Beijing move on the liberalization of Chinese investments overseas.
Institutional investors are getting weak at the knees. They're ready to sell.
Introducing disclosure on short positions can bring more transparency to the market. You should be allowed to see who's hammering you with their short bets.
In the case of the Link REIT, the government sold off the assets too cheaply, providing hedge funds like the TCI with an immediate upside.
The tycoons got into it. It's a herd mentality more than anything else.
The HSI was dragged down by the weak performance of some heavyweights, such as HSBC.
The collapse of stocks in Japan has caused a domino effect in Hong Kong and investors are looking for a reason to sell.
The market will rise to a crescendo before falling.
The market will continue to drop as China imposes austerity measures, and we have interest rate (fears) in the U.S.. These two blows means we're in for a correction -- a substantial one.
The market's still concerned about rates. People are now expecting three more rate hikes rather than two. That's why the market's crashed this week.
The local market took the lead from overseas markets, particularly Wall Street.
