Dennis Leung Quotations

China Telecom is weaker because attention is on Unicom. Overall the market is still consolidating because there is still no clear direction.

China Telecom is suffering selling pressure this morning, but otherwise selling is not too strong.

There's still profit taking pressure but I expect the index to trade around the 17,500 level today.

People feel that the market at 16,000 is a bit too high so there's not much strong buying interest.

Investors are trying not to build up big positions this week.

The market will take a fine line today but banks and property counters are going to weaken because of the interest rate rise.