Some investors have returned to pick up the stock at bargain prices.
More Quotes from Andrew To:
Trading seems to be focusing on selective counters because investors are cautious amid interest rate fears.Andrew To
Property shares had a technical rebound, but interest rate concerns will still affect properties until there are signs that the U.S. interest rate cycle will end.
Andrew To
I think there was some minor selling pressure on telecom stocks as the market continued to see a weaker European telecom sector due to the high cost of Germany's third-generation mobile-phone licenses.
Andrew To
With the China market on holiday, Hong Kong is tracking trends in the Japanese market.
Andrew To
The Japanese market is struggling to stay above 17,000, and it's still uncertain whether it can hold. An interest rate hike and a strong dollar would hurt.
Andrew To
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