The market is down on Wall Street's performance but it may rebound from here because Hutchison and Cheung Kong don't seem to have too much downside and China Mobile's share price in the U.S. didn't fall too sharply overnight. - Alex Wong Quotes
The market is down on Wall Street's performance but it may rebound from here because Hutchison and Cheung Kong don't seem to have too much downside and China Mobile's share price in the U.S. didn't fall too sharply overnight. Alex Wong
 Performance

More - Alex Wong Quotes

U.S. markets are starting to worry about the earnings of multinational companies in the face of the strong dollar. - Alex Wong Quotes

U.S. markets are starting to worry about the earnings of multinational companies in the face of the strong dollar.

Alex Wong

 Worry
There probably isn't too much downside from here. The performance of other Asian markets is quite encouraging so I think the index may hold above 16,000 and maybe rise to 16,250 later in the day. - Alex Wong Quotes

There probably isn't too much downside from here. The performance of other Asian markets is quite encouraging so I think the index may hold above 16,000 and maybe rise to 16,250 later in the day.

Alex Wong

 Performance
Sentiment is not too positive and people are quite cautious ahead of the Federal Open Market Committee meeting on Tuesday. - Alex Wong Quotes

Sentiment is not too positive and people are quite cautious ahead of the Federal Open Market Committee meeting on Tuesday.

Alex Wong

 People
The market is following Wall Street and Nasdaq lower at the moment but I think we're going to see bargain hunting coming in later, - Alex Wong Quotes

The market is following Wall Street and Nasdaq lower at the moment but I think we're going to see bargain hunting coming in later,

Alex Wong

 
But the HSI needs to break 14,800 to confirm we're heading higher. - Alex Wong Quotes

But the HSI needs to break 14,800 to confirm we're heading higher.

Alex Wong

 
The market seems to have found support at 15,300 this morning. I think the fact that Nasdaq recovered on bargain hunting in some tech stocks in late trade on Wednesday has stopped stocks falling so sharply here. - Alex Wong Quotes

The market seems to have found support at 15,300 this morning. I think the fact that Nasdaq recovered on bargain hunting in some tech stocks in late trade on Wednesday has stopped stocks falling so sharply here.

Alex Wong

 Support
I think the market could test 15,900 today but profit-taking will set in at that level. - Alex Wong Quotes

I think the market could test 15,900 today but profit-taking will set in at that level.

Alex Wong

 
Regional markets are higher in the afternoon which helped the Hong Kong market up. - Alex Wong Quotes

Regional markets are higher in the afternoon which helped the Hong Kong market up.

Alex Wong

 
The decline today was a disappointing end to the year. The weak performance was attributable to weak Asian stocks as well as profit-taking after recent gains. - Alex Wong Quotes

The decline today was a disappointing end to the year. The weak performance was attributable to weak Asian stocks as well as profit-taking after recent gains.

Alex Wong

 Performance
H shares held well yesterday even if there was panic selling in Tokyo and other Asian markets yesterday. - Alex Wong Quotes

H shares held well yesterday even if there was panic selling in Tokyo and other Asian markets yesterday.

Alex Wong

 
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