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.
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.
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.