Castor Pang
Castor Pang
believe china create growth retail upside
Many believe that the GDP growth in China will continue, and this will create more upside for retail shares.
aviation chance exposure financial gains increase present
There's short-term speculation on aviation as gains in other sectors, like financial services, present a chance to increase exposure in other sectors.
banking continue cycle drivers expecting hike interest market people property rate stocks
Property and banking stocks will continue to be the drivers of the market with people expecting the interest rate hike cycle nearing its peak.
china drove market negative stocks
Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory.
lift negatives
There are more negatives out there than anything to lift the market.
current factors obvious quite support upside
The profit-taking is quite obvious this morning. The current factors and the fundamentals can't support the index to go up further. At this level, the upside is limited.
late limited losses market outlook points short term trade turned
If the losses can be limited in late trade and the market turned back to 15,500 points level, the short term outlook will still be positive.
blue china chips heavy investors led locked lower mobile profits recent
Heavy profit-taking in China Mobile led to the market's fall. Other blue chips were also lower as some investors locked in profits after recent rises.
china heavy led market purchases
The market gains, led by heavyweight China Mobile, were underpinned by heavy purchases from institutional investors.
attention interest market rate turn
The market will turn its attention back to the interest rate outlook.
affected further market negative news rate
The market was not affected by negative news such as (expected) further rate hikes.
fed interest largely market property rate release sector supported worries
The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.
ahead bit boring cautious investors major market remained results
The market was a bit boring today. Investors remained cautious ahead of major companies' results tomorrow.
blue buying china chips friday interest japanese last lead market select stocks street took wall
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.