Investors were active in buying properties after recent correction. Buying interest in China-related stocks was also very strong.
More Quotes from Kenny Tang:
Investors are trying to stay away from hotel stocks because of emerging bird-flu cases. People will still try to avoid hotel stocks unless it is confirmed there won't be any more bird-flu outbreaks.Kenny Tang
As the nation's largest player in this market, Nine Dragons would definitely grab more market attention than Lee Man.
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There's some consolidation pressure after two days of strong gains.
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The developer has benefited from a strong property market last year but the sales growth may slow down this year because of rising interest rates.
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The market was in the midst of a mild correction after recent rally as investors took profits ahead of the upcoming Easter holiday.
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There wasn't much buying interest at all today despite the slight gains. The market is still cautious about the outlook for interest rates.
Kenny Tang
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