The market will turn its attention back to the interest rate outlook.
More Quotes from Castor Pang:
The market has corrected about 600 points from the high, so at this moment, the momentum has come back and there will be opportunity for a rebound.Castor Pang
Rental income is quite stable when compared with the income of property developers.
Castor Pang
Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory.
Castor Pang
Henderson Land's strong gains were due mainly to speculation that it might privatize unit Hong Kong China Gas and launch a real estate investment trust.
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Most investors believe interest rates will peak in the next quarter which means property developers should rebound soon.
Castor Pang
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