Institutional investors are getting weak at the knees. They're ready to sell.
More Quotes from Francis Lun:
Local interest rates are on the rise and this is making investors cautious towards the property sector.Francis Lun
Select H shares, like China Mobile and commodities, continue to generate buying interest.
Francis Lun
Interest in H shares is selective as people expect some H shares to report strong results this week, while others are forecast to turn in weak earnings.
Francis Lun
Some H-shares have risen beyond their respective fundamentals and it's no surprise to see investors take profit on them today.
Francis Lun
There is no fresh news that can move up properties. Worries that interest rates in the US might go up some more have made many investors cautious.
Francis Lun
Exxon Mobil reported record profit and people expect the same thing for oil producers' 2005 profit.
Francis Lun
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