Bank stocks were lifted today due to better than expected earnings from Bank of East Asia, but interest rate worries hurt property stocks. |
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. |
Fresh worries about rising inflation in the US and the extent to which the US Federal Reserve will raise interest rates are weighing down the market heavily. |
I expect the market to open higher after Wall Street's gains, and it will mainly be led by property stocks as interest rate worries seem to be easing after the release of the US Fed minutes. |
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. |
Institutional investors are getting weak at the knees. They're ready to sell. |
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. |
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. |
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. |
Investors view as positive Husky's strong fourth-quarter profit and the approval for Hutchison's Italian unit's listing. |
It seems like institutions are still holding back from the market, maybe they are waiting for it go lower. |
Local interest rates are on the rise and this is making investors cautious towards the property sector. |
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. |
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. |