Kenny Tang
Kenny Tang
banks continued driven early funds gains higher japanese market
The market was driven higher by the gains in the US and Japanese markets. Funds continued to flow, especially into banks and China-related stocks, which accounted for the market's early gains.
bank breach catalyst hope level next point results serve
Some hope the bank will serve as a catalyst for the index to breach the 16,000 point level when it announces results next Monday.
further hikes indicate interest investors leads market needed rate sensitive trading widely
The market has widely digested trading leads that indicate further interest rate hikes will be needed and thus, investors were not very sensitive to that.
growth high potential stocks technology
I think the high growth potential in technology stocks is better than traditional stocks.
catching european kong stocks week
Hong Kong telecom stocks have lagged European and U.S. telecom stocks this week so they are catching up.
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.
direction earnings interest looking market results
The market is still looking for direction from the earnings results and interest rates.
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.
accounting affect both continue expected half income investment profit properties second standards underlying until value
The new accounting standards won't significantly affect Cheung Kong's underlying profit until the second half when both rental income and the value of its investment properties are expected to continue to rise.
fell following market recent rumors share
The market was consolidating after recent gains. Yue Yuen fell the most, following rumors of a share placement.
attractive building buying chinese earnings interest limited looked market technical upside
It was a technical rebound, but the upside was limited as the market was still building momentum. Buying interest was still on Chinese stocks, as they looked more attractive with their earnings stories.
days pressure strong
There's some consolidation pressure after two days of strong gains.
bargain china funds hunting mobile seeing sensitive stocks switching
We're seeing some bargain hunting in China Mobile as some funds are switching from interest-rate sensitive stocks that have rallied to China shares.