Quotes by Castor Pang

“The market has corrected about 600 points from the high, so at this moment, the momentum has come back and there will be opportunity for a rebound.”

“There are more negatives out there than anything to lift the market.”

“The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.”

“Property and banking stocks will continue to be the drivers of the market with people expecting the interest rate hike cycle nearing its peak.”

“The local market continued to post losses as it was affected by the retreat of Wall Street and the Japanese market.”

“I wont be surprised to see more falls in the property and financial sectors even if presales of apartments continue to do well. Investors are worried now by prospects of rate hikes larger than those in previous months.”

“Overbuying of China stocks was obvious in the last two weeks. Investors are taking profits gradually, but some are still chasing laggards such as commodity stocks.”

“Most H-shares have reached irrational highs so investors are now taking profit.”

“Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory.”

“Theres short-term speculation on aviation as gains in other sectors, like financial services, present a chance to increase exposure in other sectors.”