Cheung Kong was oversold yesterday, but the fundamentals are good so I think we might see some long-term investors pick it up because it is very cheap. |
China Telecom below HK$50 is still a good investment for long-term players. |
Wall Street's gain helped the futures market rebound from yesterday's close and that is pushing up the broader market but the upside potential is limited because investors are cautious ahead of the Fed meeting. |