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. |
People are getting nervous about H-share prices. At this level, H-shares are quite high. |
Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory. |
Property and banking stocks will continue to be the drivers of the market with people expecting the interest rate hike cycle nearing its peak. |
Rental income is quite stable when compared with the income of property developers. |
The local market continued to post losses as it was affected by the retreat of Wall Street and the Japanese market. |
The market gains, led by heavyweight China Mobile, were underpinned by heavy purchases from institutional investors. |
The market has corrected about 600 points from the high, so at this moment, the momentum has come back and there will be opportunity for a rebound. |
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. |
The market saw a technical rebound after recent sharp fall, with scores of investors hunting for bargains in select blue chips. |
The market seems to be overshooting. The metal stocks are going crazy. |
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 was a bit boring today. Investors remained cautious ahead of major companies' results tomorrow. |
The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes. |