The investment made by some of Hong Kong's tycoons in Nine Dragons supported the debut of this company.
More Quotes from Francis Lun:
Falls on Wall Street last night and profit-taking in H-shares, many of which had a strong run lately, are the major reasons for the market's fall today.Francis Lun
I expect the market to open higher after Wall Street's gains, and it will mainly be led by property stocks as interest rate worries seem to be easing after the release of the US Fed minutes.
Francis Lun
Local interest rates are on the rise and this is making investors cautious towards the property sector.
Francis Lun
Trading was confined to a narrow range because most investors are cautious as they await the Fed decision tonight and hints on how interest rates will move in the coming months.
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
Institutional investors are getting weak at the knees. They're ready to sell.
Francis Lun
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Alice Hoffman
It must not be forgotten in fairness to the National Government that apartheid is not just a policy of oppression but an attempt - in my opinion an attempt doomed to failure - to find an alternative to a policy of racial integration which is fair to both white and black.
Harry Oppenheimer
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Ralph Ransom