Quotes by Ben Kwong

“Its time for a stronger open. Overseas gains will give local stocks a lift. But the rise will be moderate until the market gets a good excuse to move further up.”

“China shares will continue to get market attention.”

“Property stocks rose because the market is speculating that other Hong Kong banks will also lower rates, reducing the burden on property buyers.”

“If the HSI falls below the major support at the 50-Day moving average of 15,314, it might have a negative impact on the recent rally seen in third and fourth liners stocks.”

“Its time for the blue-chip stocks to catch up with the H shares. Its obvious that funds are switching to blue-chip stocks from the pricey H shares, which may have reached a peak.”

“The market will move relatively sideways in the absence of any stimulus. Theres a lack of trading theme.”

“Investors are hoping the 15,000 point level will hold. If the index breaks through that level, then the market may have further corrections. If it holds, then this means current market consolidation is a healthy one.”

“It makes sense for investors to take profits at this stage, as many stocks, especially the [mainland] equities, have jumped a lot this year.”

“Interest rate uncertainty and the fact that major blue chips have already announced results force a new correction on the market.”

“I expect a pretty good growth from HSBC.”