Ben Kwong
Ben Kwong
banks burden kong lower market property reducing rose stocks
Property stocks rose because the market is speculating that other Hong Kong banks will also lower rates, reducing the burden on property buyers.
floating hot money remained sentiment strong
Sentiment remained strong as hot money was still floating around the market.
catch funds obvious reached stocks switching time
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.
excuse further gains gets good local market moderate move overseas rise stocks stronger time until
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.
affect continue expect interest limit market mild momentum rate sentiment stage technical worries
I expect the market to stage a mild technical rebound. Interest rate worries will continue to affect sentiment and limit momentum for the rise.
expect good growth
I expect a pretty good growth from HSBC.
average below falls fourth impact major might moving negative rally recent seen support third
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.
china continue market shares
China shares will continue to get market attention.
breaks current further healthy hoping investors level market means point
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.
announced blue chips correction fact force interest major rate results
Interest rate uncertainty and the fact that major blue chips have already announced results force a new correction on the market.
absence lack market move relatively sideways trading
The market will move relatively sideways in the absence of any stimulus. There's a lack of trading theme.
crude excuse investors market mode prices providing recent rise
The market is in a consolidation mode after recent gains. The rise in crude prices is also providing investors an excuse to sell.