Castor Pang
Castor Pang
apartments continue falls financial hikes investors larger previous property prospects rate surprised worried
I won't be surprised to see more falls in the property and financial sectors even if presales of apartments continue to do well. Investors are worried now by prospects of rate hikes larger than those in previous months.
continued fresh funds good investors lacks market worries
Many investors and funds continued selling... as the market lacks fresh good news. Interest-rate worries continued to dampen sentiment.
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.
affected continued japanese local losses market post retreat street wall
The local market continued to post losses as it was affected by the retreat of Wall Street and the Japanese market.
nervous people quite
People are getting nervous about H-share prices. At this level, H-shares are quite high.
chasing china commodity investors last obvious profits stocks taking
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.
compared income property quite stable
Rental income is quite stable when compared with the income of property developers.
highs investors irrational reached taking
Most H-shares have reached irrational highs so investors are now taking profit.
driven panic rebound signal strong today yesterday
The plunge yesterday was driven by panic selling, the rebound today is a strong signal for buying.
developers gains launch led local projects properties provided street support tokyo wall
Gains on Wall Street and Tokyo provided support to the local market. Properties led (the gains) as many developers will launch new projects for sale.
buying due extended gains helped late market selective support trade
Funds' selective buying helped support the index. The market extended its gains in late trade also due to some futures-related trading.
correction mode regarded shares
H shares were still in a correction mode because many are already regarded as being expensive.
china due estate gains gas investment kong launch mainly might privatize strong unit
Henderson Land's strong gains were due mainly to speculation that it might privatize unit Hong Kong & China Gas and launch a real estate investment trust.
china further investors market order pressure prevent property rather stock
China will pressure investors to invest in the stock market rather than the property market, in order to prevent further property bubbles.