Kenny Tang
Kenny Tang
capital evidence further kong low remains risk slump stocks strong support
The risk of a further slump of Hong Kong stocks is not great, as there is no evidence there are capital outflows in the region. Strong support remains at the mid-February low of 15,241.
due expected further pressure property rise sales shares slow stocks technical year
The rise in property stocks was due to a technical rebound. These shares will come under further pressure as property sales are expected to slow in 2006 from a year earlier.
believe came china economic growth keeping move send serious signal strong surprise wants
The move came as a surprise to the market. I believe that China wants to send a strong signal that it is serious in keeping economic growth in check.
buying cautious despite interest market outlook slight today
There wasn't much buying interest at all today despite the slight gains. The market is still cautious about the outlook for interest rates.
coming commodity gold high oil prices producers remain results
Oil and gold prices will remain high in coming months. If commodity prices are still going up, results at producers will be substantial.
despite
Despite the rise, there was consolidation and profit-taking after an eight-day surge.
attractive due upside
The upside should be sustainable due to its attractive yield.
affected blue chips dragging markets overseas regional shares weakness
Weakness in overseas and regional markets affected trading, dragging down blue chips and H shares early.
base biggest customer earnings high net worth
It has the biggest customer base (in China) and has most of the high net worth customers. It is a long-term earnings story.
avoid confirmed emerging hotel investors people stay stocks trying unless
Investors are trying to stay away from hotel stocks because of emerging bird-flu cases. People will still try to avoid hotel stocks unless it is confirmed there won't be any more bird-flu outbreaks.
ahead buying earnings expect investors months property results shares six strong
Investors are buying property shares ahead of results. Most expect the results to be strong on the back of contributions from new (property) developments which should have contributed to earnings in the six months to December.
becoming created exit falls funds impact increase investors might potential quickly realize rise shares sharp skeptical wary
Investors are becoming more skeptical about the impact created by TCI and other hedge funds. They realize the shares could rise quickly in anticipation that the hedge funds might increase their holdings, but they are also wary of the potential for sharp falls when these hedge funds exit the market.
active buying interest investors properties recent stocks
Investors were active in buying properties after recent correction. Buying interest in China-related stocks was also very strong.
adding bullish funds including investors keeping local major positions remain stocks
Investors remain bullish about the local market. Most funds are keeping positions here, with some adding major stocks to their portfolios including HSBC and Cheung Kong.