36 Quotes by Castor Pang
Castor Pang Quotes By Tag
- Author Castor Pang
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The plunge yesterday was driven by panic selling, the rebound today is a strong signal for buying.
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There are more negatives out there than anything to lift the market.
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The profit-taking is quite obvious this morning. The current factors and the fundamentals can't support the index to go up further. At this level, the upside is limited.
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Many investors and funds continued selling... as the market lacks fresh good news. Interest-rate worries continued to dampen sentiment.
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Many believe that the GDP growth in China will continue, and this will create more upside for retail shares.
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China will pressure investors to invest in the stock market rather than the property market, in order to prevent further property bubbles.
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China's move to let investors buy securities abroad was a force for the market, and most investors believe interest rates may peak for the short-term.
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China-related stocks will likely to be hit by the austerity measures. I expect further correction in China stocks in the short term.
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Gains on Wall Street and Tokyo provided support to the local market. Properties led (the gains) as many developers will launch new projects for sale.
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