Many believe that the GDP growth in China will continue, and this will create more upside for retail shares.
More Quotes from Castor Pang:
The market was a bit boring today. Investors remained cautious ahead of major companies' results tomorrow.Castor Pang
The market will turn its attention back to the interest rate outlook.
Castor Pang
The market just showed mild profit-taking in morning trade but the losses were limited. It turned higher in the afternoon as funds started buying blue chips such as China Mobile again.
Castor Pang
The market was not affected by negative news such as (expected) further rate hikes.
Castor Pang
China will pressure investors to invest in the stock market rather than the property market, in order to prevent further property bubbles.
Castor Pang
Most investors believe interest rates will peak in the next quarter which means property developers should rebound soon.
Castor Pang
Readers Who Like This Quotation Also Like:
Actors cannot choose the manner in which they are born. Consequently, it is the one gesture in their lives completely devoid of self-consciousness.Helen Hayes
Lynch is an ordinary, smalltown guy and he just sees strange things in people.
Jack Nance
Confusion heard his voice, and wild uproar Stood ruled, stood vast infinitude confined; Till at his second bidding darkness fled, Light shone, and order from disorder sprung.
John Milton