People are getting nervous about H-share prices. At this level, H-shares are quite high.
More Quotes from Castor Pang:
If the losses can be limited in late trade and the market turned back to 15,500 points level, the short term outlook will still be positive.Castor Pang
Property and banking stocks will continue to be the drivers of the market with people expecting the interest rate hike cycle nearing its peak.
Castor Pang
The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.
Castor Pang
Rental income is quite stable when compared with the income of property developers.
Castor Pang
Most investors believe interest rates will peak in the next quarter which means property developers should rebound soon.
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
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