The plunge yesterday was driven by panic selling, the rebound today is a strong signal for buying.
There are more negatives out there than anything to lift the market.
The profit-taking is quite obvious this morning. The current factors and the fundamentals can't support the index to go up further. At this level, the upside is limited.
Many investors and funds continued selling... as the market lacks fresh good news. Interest-rate worries continued to dampen sentiment.
Many believe that the GDP growth in China will continue, and this will create more upside for retail shares.
China will pressure investors to invest in the stock market rather than the property market, in order to prevent further property bubbles.
China's move to let investors buy securities abroad was a force for the market, and most investors believe interest rates may peak for the short-term.
China-related stocks will likely to be hit by the austerity measures. I expect further correction in China stocks in the short term.
Gains on Wall Street and Tokyo provided support to the local market. Properties led (the gains) as many developers will launch new projects for sale.
Funds' selective buying helped support the index. The market extended its gains in late trade also due to some futures-related trading.
Henderson Land's strong gains were due mainly to speculation that it might privatize unit Hong Kong & China Gas and launch a real estate investment trust.
H shares were still in a correction mode because many are already regarded as being expensive.
People are getting nervous about H-share prices. At this level, H-shares are quite high.
Overbuying of China stocks was obvious in the last two weeks. Investors are taking profits gradually, but some are still chasing laggards such as commodity stocks.
Rental income is quite stable when compared with the income of property developers.
I won't be surprised to see more falls in the property and financial sectors even if presales of apartments continue to do well. Investors are worried now by prospects of rate hikes larger than those in previous months.
Most investors still believe the influx of cash, or the influx of external funds, will continue.
Most investors believe interest rates will peak in the next quarter which means property developers should rebound soon.
Most H-shares have reached irrational highs so investors are now taking profit.
There's short-term speculation on aviation as gains in other sectors, like financial services, present a chance to increase exposure in other sectors.
Property and banking stocks will continue to be the drivers of the market with people expecting the interest rate hike cycle nearing its peak.
Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory.
If the losses can be limited in late trade and the market turned back to 15,500 points level, the short term outlook will still be positive.
Heavy profit-taking in China Mobile led to the market's fall. Other blue chips were also lower as some investors locked in profits after recent rises.
The market gains, led by heavyweight China Mobile, were underpinned by heavy purchases from institutional investors.
The market will turn its attention back to the interest rate outlook.
The market was not affected by negative news such as (expected) further rate hikes.
The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.
The market was a bit boring today. Investors remained cautious ahead of major companies' results tomorrow.
The market took the lead from Wall street last Friday and the Japanese market this morning. Buying interest in select blue chips and China stocks was strong.
The market just showed mild profit-taking in morning trade but the losses were limited. It turned higher in the afternoon as funds started buying blue chips such as China Mobile again.
The market seems to be overshooting. The metal stocks are going crazy.
The market saw a technical rebound after recent sharp fall, with scores of investors hunting for bargains in select blue chips.
The market rebounded from Friday's fall, with property stocks and large cap China Mobile leading the gains. Tokyo market's rally this morning boosted market sentiment.
The market has corrected about 600 points from the high, so at this moment, the momentum has come back and there will be opportunity for a rebound.
The local market continued to post losses as it was affected by the retreat of Wall Street and the Japanese market.
