Kenny Tang Stock Quotations

The main contributor to the index was China Mobile. The strong sentiment for the stock spilled over to other blue chips and helped the index breach the 16,000 points level.

The risk of a further slump of Hong Kong stocks is not great, as there is no evidence there are capital outflows in the region. Strong support remains at the mid-February low of 15,241.

The rise in property stocks was due to a technical rebound. These shares will come under further pressure as property sales are expected to slow in 2006 from a year earlier.

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.

Investors were active in buying properties after recent correction. Buying interest in China-related stocks was also very strong.

Investors remain bullish about the local market. Most funds are keeping positions here, with some adding major stocks to their portfolios including HSBC and Cheung Kong.

We're seeing some bargain hunting in China Mobile as some funds are switching from interest-rate sensitive stocks that have rallied to China shares.

Commodity stocks can still outperform the market. The U.S. economy is not going to slow down. There should be increased demand for commodities.

The stock is likely to see as much as 30 per cent gain in the first trading day to follow the similar recent gain of other material stocks.

Hong Kong telecom stocks have lagged European and U.S. telecom stocks this week so they are catching up.

I think the high growth potential in technology stocks is better than traditional stocks.

Property stocks sprang to life after falling about 10 percent on average over the past six months as rising interest rates dampened property market sentiment.

Profit-taking dragged the index lower. But funds are still in Hong Kong and are helping support the index despite the pressure on stocks to trade lower after the weak showing of overseas markets.

China stocks outperformed the market, reflecting investors' confidence in these stocks and the prospects of China's economy.