17 ordspråk av Jackson Wong
Jackson Wong
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Speculation about a generous dividend payout is helping support the stock. But investors remain cautious about CLP due to uncertainties surrounding talks with the government over the scheme of controls and other related regulations governing the sector.
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Shares rebounded from Friday's fall with property stocks and large cap China Mobile leading the gains. The momentum was, however, not strong enough for the index to touch the 16,000 points level.
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Follow-through interest in select blue chips and China-related stocks drove the benchmark index up. Funds kept chasing these stocks after the market broke through the 16,000 points level.
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There was profit-taking in select blue chips and China-related stocks after recent sharp rises. Investors turned cautious as US and Tokyo markets were weak.
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Gains in the market are fund-led. Trading in the region remains relatively strong with funds pursuing select stocks, among them metals. Overnight gains on Wall Street also helped sentiment.
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We've had two days of sharp selling, and maybe some overselling.
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The market was led by H shares which were higher today after Beijing allowed its social security fund to invest in overseas markets.
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They have a good team. I think they're going to do well in league this year. We're 4-0 and I can't remember the last time we were 4-0. I think every year we say it's anyone's league but this year it's truly anyone's to win because as of right now, the teams we've seen don't have a big hitter.
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We've been in that position before where you lose a tough one and it's just like boom, you go down. If we lose a game like (the third), then I cry. We've been on both ends. We know what it's like.
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I don't expect the market to have sharp movement today, with the benchmark index likely to hover within a range of 100 points.
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Some investors took profits in select blue chips, driving the benchmark index into negative territory. Trading was confined to a narrow range ... ahead of the long Christmas holiday.
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The weakness in the market is likely to continue next month before it builds up momentum for an upside.
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Profit-taking took hold following recent gains. I believe the lack of any significant local news prevented a further rise in the index.
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Sentiment is weak as shares continue to consolidate February gains. The trend will be somewhat like this in the near term.
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Trading is cautious ahead of the US jobs data. It should give us an idea about the interest rate trends in the coming months.
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Jackson Wong proverb