Louis Wong
Louis Wong
broad helped japan markets push rally sentiment strong
The strong sentiment of the US and Japan markets helped push up the index. The rally is very broad based.
activities dressing performed poor port related relatively rise stocks window
The rise could also be attributed to some year-end window dressing activities as port related stocks has performed relatively poor earlier.
bit cautious days market rallying seeing sentiment three turning
I think sentiment is turning a bit cautious after seeing the market rallying three days in a row, so there's profit-taking at about 16,800.
fed hike interest market raising rate rebound stock stop unclear
It's unclear when the Fed will stop raising interest rates. Even if the rate hike comes to an end, Hong Kong's stock market may not rebound immediately.
central cool good measures quite
That's quite good for 2005, after the central administration implemented measures to cool down the economy.
bit earnings expected growth percent
It's a bit disappointing, personally, because I expected earnings growth to be 40 percent at least for the year.
commodity economic fund growth higher markets oil positive realize regional threatened
I think the market's come to realize that economic growth in the U.S. is not threatened by higher oil and commodity prices. Regional markets also benefited from positive fund flows.
continued cycle few higher hike inflation interest next peak rate until
The peak of the interest rate cycle may be much higher than expected. Continued inflation in the US indicated a need for a rate hike for few more times until next year.
although austerity cautious chinese concerns introduced investors lower market measures possible rebound staged technical
Although the market staged a technical rebound today, the lower turnover suggests that investors are cautious on concerns of possible austerity measures to be introduced by the Chinese government.
competition concern price
There's concern about oversupply and price competition. Price competition has been very keen.
budget market nasty nice quite reaction surprises
There were no nice or nasty surprises in the budget so market reaction was quite muted.
data expect interest job longer people rising stronger trend
If the job data is stronger than expected, people will expect a longer rising trend in interest rate.
activities august billion companies raised regarding share short since various
In the short term, there is uncertainty regarding share placements. Since August 31, fund-raising activities by various companies have raised about HK$22 billion from the market, so that is an overhang.