Quotes by Chen Huiqin

“The market needs to consolidate for a while after recent volatility. Its unlikely to see any dramatic move next week if theres no big policy changes.”

“Funds are choosing to lock in their profits after decent gains recently and more profit-taking will likely occur in coming sessions.”

“The yuan rise is good, not only for property companies but for all yuan-denominated assets, including A-shares.”

“Since the Shanghai index broke both the 5- and 10-day moving average today, further downside is expected.”

“Port and airport stocks have been undervalued recently. Their prices may continue to rise in the coming few days, and they should have good prospects as theyre supported by Chinas fast economic growth.”

“Some institutions may want to withdraw from the market to avoid policies uncertainties during May 1 holiday, but the downside should be limited.”

“There is great optimism in the market just now, especially about the banks, so people are picking up cheap deals for the long term.”