Howard Gorges
Howard Gorges
bit good government guarantee kong light mortgage provide selling
Yesterday's announcement by the Hong Kong Mortgage Corporation that the government would provide a top-up guarantee on mortgages was good for the market. But we are still a bit cautious. It was very light turnover and there was no real selling pressure.
buying hurt people stocks
We are getting a lot of rotational buying on blue-chip stocks right now. People are buying stocks when they are hurt or lagging.
explains gains kong lead overseas tokyo took wall
Hong Kong took a lead from Wall Street, Tokyo and other overseas markets, and this explains gains this morning.