Properties were weak as investors were concerned that further rate hikes will affect earnings of developers. But I think some investors just used rate worries as an excuse to sell the stocks.
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This quote is just one of 3 total Conita Hung quotes in our collection. Conita Hung is known for saying 'Properties were weak as investors were concerned that further rate hikes will affect earnings of developers. But I think some investors just used rate worries as an excuse to sell the stocks.' as well as some of the following quotes.
The US market has gone up for the past (few) consecutive trading days and should provide further momentum for local shares to trade higher. There are no local news (leads) that may dampen trading mood. The focus will remain on H shares because of the yuan, with second-liners also drawing some attention from investors.
I expect some correction in the shares after yesterday's substantial rebound. I believe the market is not strong enough to sustain the jump, with investors also likely to take profits today.
This quote is just one of 3 total Conita Hung quotes in our collection. Conita Hung is known for saying 'Properties were weak as investors were concerned that further rate hikes will affect earnings of developers. But I think some investors just used rate worries as an excuse to sell the stocks.' as well as some of the following quotes.