Chen Huiqin
Chen Huiqin
choosing coming decent funds gains likely lock occur profits recently
Funds are choosing to lock in their profits after decent gains recently and more profit-taking will likely occur in coming sessions.
dramatic market move needs next policy recent unlikely week
The market needs to consolidate for a while after recent volatility. It's unlikely to see any dramatic move next week if there's no big policy changes.
avoid downside market policies withdraw
Some institutions may want to withdraw from the market to avoid policies uncertainties during May 1 holiday, but the downside should be limited.
airport coming continue economic fast few good port prices prospects rise stocks supported
Port and airport stocks have been undervalued recently. Their prices may continue to rise in the coming few days, and they should have good prospects as they're supported by China's fast economic growth.
average both broke downside further moving since
Since the Shanghai index broke both the 5- and 10-day moving average today, further downside is expected.
cheap deals great market optimism people picking
There is great optimism in the market just now, especially about the banks, so people are picking up cheap deals for the long term.