Rate-sensitive property and banking stocks continued to support the market in early trade but the gains failed to sustain as investors took profits after recent rallies.
More Quotes from Peter Lai:
China stocks are always risky. Many funds sold off the stocks after recent sharp gains, which drove down the stocks. I expect to see further correction in China stocks.Peter Lai
It's interest rates the same old story.
Peter Lai
HKEX is viewed as a good company as the exchange's turnover is expected to rise. Its shares have room to move higher as they are trading at slightly below some of their counterparts.
Peter Lai
Commodity stocks were dragged down by profit-taking after sharp gains last week.
Peter Lai
We will look into the range of problems of the lawful and unlawful migration of mainland people. We will, of course give top priority to the problem of migrant children. It has become very serious.
Peter Lai
Mild profit-taking set in and partly erased earlier gains. I believe the sustainability of the index above the 16,000 point level would really depend on the fund flow and market sentiment. Mixed showing at Wall Street overnight may have kept some traders
Peter Lai
Readers Who Like This Quotation Also Like:
Based on Keywords: rate-sensitiveBear Valley is the hidden treasure of the Sierra.
Lloyd Bridges
Time brings all things to pass.
Aeschylus
No not pigeon holed me as an actor, or as a character, or as to what I could do - but what I would do... and the fact is the things you don't do are almost as important as as the things that you do.
Dabney Coleman