Howard Gorges
Howard Gorges
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.
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.
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.
buying commodity mainly select
There is follow-through buying of select H-shares, mainly commodity stocks.