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Kenny Tang Quotes
«While the underlying prospect of the mainland financial stocks' improving profitability and the appetite of foreign institutions over mainland's financial market remains, the recent slowdown is an adjustment for the second phase of growth.»
Author: Kenny Tang
«Investors are becoming more skeptical about the impact created by TCI and other hedge funds. They realize the shares could rise quickly in anticipation that the hedge funds might increase their holdings, but they are also wary of the potential for sharp falls when these hedge funds exit the market.»
Author: Kenny Tang
«They will be trying to identify companies that are trading at sizable discounts to their net asset value, and many of these will be property companies.»
Author: Kenny Tang
«The market was supported by Wall Street's rebound. There is also some optimism about HSBC driving up share prices.»
Author: Kenny Tang
«The risk of a further slump of Hong Kong stocks is not great, as there is no evidence there are capital outflows in the region. Strong support remains at the mid-February low of 15,241.»
Author: Kenny Tang
«The low valuation coupled with the investor's enthusiasm over new shocks could push the shares up 30 to 40 per cent on the debut. However, the problem of overcapacity in the cement industry could cause uncertainty over the long-term prospect of the stock.»
Author: Kenny Tang
«The market was helped by the increase in the Tokyo market.»
Author: Kenny Tang
«The main contributor to the index was China Mobile. The strong sentiment for the stock spilled over to other blue chips and helped the index breach the 16,000 points level.»
Author: Kenny Tang
«Profit-taking dragged the index lower. But funds are still in Hong Kong and are helping support the index despite the pressure on stocks to trade lower after the weak showing of overseas markets.»
Author: Kenny Tang
«Further consolidation in the index is likely before it moves any higher.»
Author: Kenny Tang