36 Quotes by Castor Pang

Funds' selective buying helped support the index. The market extended its gains in late trade also due to some futures-related trading.

Henderson Land's strong gains were due mainly to speculation that it might privatize unit Hong Kong & China Gas and launch a real estate investment trust.

H shares were still in a correction mode because many are already regarded as being expensive.

People are getting nervous about H-share prices. At this level, H-shares are quite high.

Overbuying of China stocks was obvious in the last two weeks. Investors are taking profits gradually, but some are still chasing laggards such as commodity stocks.

Rental income is quite stable when compared with the income of property developers.

I won't be surprised to see more falls in the property and financial sectors even if presales of apartments continue to do well. Investors are worried now by prospects of rate hikes larger than those in previous months.

Most investors still believe the influx of cash, or the influx of external funds, will continue.

Most investors believe interest rates will peak in the next quarter which means property developers should rebound soon.