29 Quotes by Francis Lun

More fund managers are selling their stocks in the market in the past two days, which could be a sign for a rapid drop in market.

Some H-shares have risen beyond their respective fundamentals and it's no surprise to see investors take profit on them today.

Local interest rates are on the rise and this is making investors cautious towards the property sector.

The amount of turnover in the market is astounding. This signals that a lot of people don't want to miss the boat if the market keeps rising.

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.

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.

Exxon Mobil reported record profit and people expect the same thing for oil producers' 2005 profit.

Falls on Wall Street last night and profit-taking in H-shares, many of which had a strong run lately, are the major reasons for the market's fall today.

There's some bargain hunting helped by gains in overseas markets but the market is quiet.