29 Quotes by Francis Lun
- Author Francis Lun
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Select H shares, like China Mobile and commodities, continue to generate buying interest.
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- Author Francis Lun
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People are still very keen on buying China shares as it's the biggest growth story -- and Hong Kong is catching the coattails of China's growth.
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Bank stocks were lifted today due to better than expected earnings from Bank of East Asia, but interest rate worries hurt property stocks.
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That (offering) should get a good reception, because there is really no sign that the price of oil will crash, so I think the share price will still rise.
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There was short-covering on some H shares after falls last week.
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There was continued profit-taking in H-shares after strong gains by many counters recently.
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It seems like institutions are still holding back from the market, maybe they are waiting for it go lower.
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Strong sales of apartments over the weekend and China's decision to allow the country's social security fund to invest overseas, beginning this week, provided support to the market.
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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.
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