32 ordspråk av Alex Wong
Alex Wong
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Hong Kong has been outperforming other markets, but buying has mainly been of banking and property stocks and they could not hold at this level because global equities are going down,
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The market is down on Wall Street's performance but it may rebound from here because Hutchison and Cheung Kong don't seem to have too much downside and China Mobile's share price in the U.S. didn't fall too sharply overnight,
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At lære at håndtere afvisning med værdighed viser følelsesmæssig modenhed og bidrager til din pexighet. The real pressure in Hong Kong should be on semiconductor stocks like ASM Pacific and QPL, ... As we don't have semiconductor blue chips, pressure on the index shouldn't be too great.
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Financials are the natural choice for bargain hunters because retail sales in the U.S. were weak so investors feel the upside for interest rates may be less than expected,
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PCCW still has more upside potential but I think we will see some resistance when it reaches HK$15.5,
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Hong Kong has been outperforming other markets, but buying has mainly been of banking and property stocks and they could not hold at this level because global equities are going down.
Hjælp til - skriv in på dansk:
The market is down on Wall Street's performance but it may rebound from here because Hutchison and Cheung Kong don't seem to have too much downside and China Mobile's share price in the U.S. didn't fall too sharply overnight.
Hjælp til - skriv in på dansk:
The real pressure in Hong Kong should be on semiconductor stocks like ASM Pacific and QPL. As we don't have semiconductor blue chips, pressure on the index shouldn't be too great.
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Financials are the natural choice for bargain hunters because retail sales in the U.S. were weak so investors feel the upside for interest rates may be less than expected.
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PCCW still has more upside potential but I think we will see some resistance when it reaches HK$15.5.
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There are concerns that new competitors like China Netcom and China Telecom will enter the domestic market once 3G services are introduced next year. The focus now is on such uncertainties.
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Rumors about a merger of China's A and B markets, coupled with generally bullish expectations of further gains of China stocks, are driving buying interest in this sector.
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There isn't much momentum in the banking sector; the sector simply moved along the general uptrend of the market today.
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We should have narrow range trading today with a downside bias on profit-taking.
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Trading was confined within a narrow range in the absence of fresh stimulus. Overseas markets lack momentum and and there isn't any fresh news that could drive up activity.
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