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. - Francis Lun Quotes
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. Francis Lun
 Wall Street

More - Francis Lun Quotes

The local market took the lead from overseas markets, particularly Wall Street. - Francis Lun Quotes

The local market took the lead from overseas markets, particularly Wall Street.

Francis Lun

 
Fresh worries about rising inflation in the US and the extent to which the US Federal Reserve will raise interest rates are weighing down the market heavily. - Francis Lun Quotes

Fresh worries about rising inflation in the US and the extent to which the US Federal Reserve will raise interest rates are weighing down the market heavily.

Francis Lun

 Inflation
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. - Francis Lun Quotes

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.

Francis Lun

 
The collapse of stocks in Japan has caused a domino effect in Hong Kong and investors are looking for a reason to sell. - Francis Lun Quotes

The collapse of stocks in Japan has caused a domino effect in Hong Kong and investors are looking for a reason to sell.

Francis Lun

 
Introducing disclosure on short positions can bring more transparency to the market. You should be allowed to see who's hammering you with their short bets. - Francis Lun Quotes

Introducing disclosure on short positions can bring more transparency to the market. You should be allowed to see who's hammering you with their short bets.

Francis Lun

 
There is no fresh news that can move up properties. Worries that interest rates in the US might go up some more have made many investors cautious. - Francis Lun Quotes

There is no fresh news that can move up properties. Worries that interest rates in the US might go up some more have made many investors cautious.

Francis Lun

 Interest
Investors view as positive Husky's strong fourth-quarter profit and the approval for Hutchison's Italian unit's listing. - Francis Lun Quotes

Investors view as positive Husky's strong fourth-quarter profit and the approval for Hutchison's Italian unit's listing.

Francis Lun

 Approval
There was short-covering on some H shares after falls last week. - Francis Lun Quotes

There was short-covering on some H shares after falls last week.

Francis Lun

 
The tycoons got into it. It's a herd mentality more than anything else. - Francis Lun Quotes

The tycoons got into it. It's a herd mentality more than anything else.

Francis Lun

 
The absence of fresh news and the fact that most blue chips have already reported their annual results also explains the lack of a strong upward momentum to the market. - Francis Lun Quotes

The absence of fresh news and the fact that most blue chips have already reported their annual results also explains the lack of a strong upward momentum to the market.

Francis Lun

 Absence
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