Quotes from the news wire:
The sentiment toward local companies is really bad. People have been pessimistic on the rental and tourism outlook and what happened over the weekend doesn't help.
Found on Reuters 5 years ago
The impact was short lived in the past. But now we're in bear market. Sentiment was not good before this.
Found on Reuters 5 years ago
Punters are excited by the news and that boosted the stocks of the group of companies.
Found on Reuters 5 years ago
Money is flowing into Hong Kong stocks because they're relatively cheap compared with bonds, but since the rally is driven by liquidity, not fundamental factors, I suspect the market will lose upward momentum before long.
Found on Reuters 8 years ago
After over-reaction, investors realized that Brexit won't have an immediate huge impact... and won't suddenly cause a financial crisis.
Found on Reuters 8 years ago
The recent pattern in Hong Kong has been a sharp rebound following many sluggish sessions, but the index will then go lower gain, if the U.S. raises rates again, that would certainly have a negative impact on Hong Kong stocks, and investors are fully aware of that.
Found on Reuters 8 years ago
The Fed actually pulled some buyers into the Hong Kong property stocks in the initial part of the session. But then Japan led the pullback ... as the central bank maintained its original interest rate policy when people had expected them to cut.
Found on Reuters 8 years ago
We have seen what Beijing did in 2009, which was not effective. More stimulus won't solve the fundamental problem.
Found on Reuters 8 years ago
Oil price is a key factor to watch. If oil prices resume sliding, energy and European banking stocks would be vulnerable, triggering renewed volatility in global markets, and hitting Hong Kong stocks.
Found on Reuters 8 years ago
You're seeing a bit of a rebound now, but I think we're likely to see new lows eventually, perhaps when earnings come out later in the year, basically only domestic investors will be interested at this point. For us it's very clear, we would stay away because we don't want the interest rate or exchange rate risk.
Found on Reuters 8 years ago
The biggest risk comes from slumping oil prices. Investors don't see a bottom now.
Found on Reuters 8 years ago
The Hong Kong stock market has already reacted in anticipation, money flows in the market, in particular of funds in Hong Kong-listed China companies, have started to transfer to those ADR companies, which affect the liquidity of the Hong Kong market.
Found on Reuters 9 years ago
People are covering back their short positions as sentiment has been too bearish earlier, but I wouldn't be very bullish as the overall economic picture remains bad.
Found on Reuters 9 years ago
The tax cut is good news, as it raises hopes that China will unveil similar stimulus in other sectors, but I don't think more stimulus would reverse the market trend, because China's severe structural problems cannot be solved overnight.
Found on Reuters 9 years ago
It broke the pattern in the past few days and was able to hover above the level of the previous close, thanks to improved sentiment in the overseas markets following Morgan Stanley's full house buy alert on the global market.
Found on Reuters 9 years ago
Instead of jumping in to buy stocks, investors liquidated their positions and took to the sidelines when they saw not much room on the upside.
Found on Reuters 9 years ago
Investors are cautiously bullish on the mainland markets and are anticipating a strong start as they reopen.
Found on Reuters 9 years ago
The deal indicates that the group is continuously eyeing Europe to seek future growth.
Found on Reuters 9 years ago
People expected the QE (quantitative easing) so the rise in the market isn't that great.
Found on Reuters 9 years ago
People are switching out of A-share-related products and getting back into those traditional blue chips, that's why the Hang Seng index is strong and the China Enterprises Index is weak.
Found on Reuters 9 years ago
The overall tone in Hong Kong has improved as we were lagging from other markets in the past month.
Found on Reuters 9 years ago
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