12 Quotes by Ben Kwong
- Author Ben Kwong
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Sentiment remained strong as hot money was still floating around the market.
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- Author Ben Kwong
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I expect the market to stage a mild technical rebound. Interest rate worries will continue to affect sentiment and limit momentum for the rise.
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- Author Ben Kwong
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If the HSI falls below the major support at the 50-Day moving average of 15,314, it might have a negative impact on the recent rally seen in third and fourth liners stocks.
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Property stocks rose because the market is speculating that other Hong Kong banks will also lower rates, reducing the burden on property buyers.
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It's time for the blue-chip stocks to catch up with the H shares. It's obvious that funds are switching to blue-chip stocks from the pricey H shares, which may have reached a peak.
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It's time for a stronger open. Overseas gains will give local stocks a lift. But the rise will be moderate until the market gets a good excuse to move further up.
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Investors are hoping the 15,000 point level will hold. If the index breaks through that level, then the market may have further corrections. If it holds, then this means current market consolidation is a healthy one.
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