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Letter "F" » Francis Lun Quotes
«The market's still concerned about rates. People are now expecting three more rate hikes rather than two. That's why the market's crashed this week.»
«The local market took the lead from overseas markets, particularly Wall Street.»
«There was short-covering on some H shares after falls last week.»
«It seems like institutions are still holding back from the market, maybe they are waiting for it go lower.»
«The absence of fresh news and the fact that most blue chips have already reported their annual results also explains the lack of a strong upward momentum to the market.»
«Interest in H shares is selective as people expect some H shares to report strong results this week, while others are forecast to turn in weak earnings.»
«Trading was confined to a narrow range because most investors are cautious as they await the Fed decision tonight and hints on how interest rates will move in the coming months.»
«Select H shares, like China Mobile and commodities, continue to generate buying interest.»
«The experience with New World Development proved a company could rebuff attempts by TCI to keep increasing its holding. What New World Development did was to place shares to friendly investors to strengthen its controlling stake.»
«TCI's impact has been diminishing.»