41 ordspråk av Francis Lun
Francis Lun
Select H shares, like China Mobile and commodities, continue to generate buying interest.
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Some H-shares have risen beyond their respective fundamentals and it's no surprise to see investors take profit on them today.
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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.
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TCI's impact has been diminishing.
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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.
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The absence of fresh news and the fact that most blue chips have already reported their annual results also explains the lack of a strong upward momentum to the market.
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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.
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The collapse of stocks in Japan has caused a domino effect in Hong Kong and investors are looking for a reason to sell.
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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.
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The HSI was dragged down by the weak performance of some heavyweights, such as HSBC.
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The investment made by some of Hong Kong's tycoons in Nine Dragons supported the debut of this company.
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The local market took the lead from overseas markets, particularly Wall Street.
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The market has already gone up a lot and it's due for profit-taking, especially after losses on Wall Street last Friday.
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The market has gone crazy, especially in the property sector. Investors are trying to believe that interest rates may be peaking and are forgetting that the oil price is more than US$62 per barrel.
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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.
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