Chen Huiqin Quotations

Since the Shanghai index broke both the 5- and 10-day moving average today, further downside is expected.

Port and airport stocks have been undervalued recently. Their prices may continue to rise in the coming few days, and they should have good prospects as they're supported by China's fast economic growth.

Funds are choosing to lock in their profits after decent gains recently and more profit-taking will likely occur in coming sessions.

There is great optimism in the market just now, especially about the banks, so people are picking up cheap deals for the long term.

Some institutions may want to withdraw from the market to avoid policies uncertainties during May 1 holiday, but the downside should be limited.

The yuan rise is good, not only for property companies but for all yuan-denominated assets, including A-shares.

The market needs to consolidate for a while after recent volatility. It's unlikely to see any dramatic move next week if there's no big policy changes.