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Letter "F" » Francis Lun Quotes
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«The market's still concerned about rates. People are now expecting three more rate hikes rather than two. That's why the market's crashed this week.»
Author: Francis Lun
«The local market took the lead from overseas markets, particularly Wall Street.»
Author: Francis Lun
«There was short-covering on some H shares after falls last week.»
Author: Francis Lun
«It seems like institutions are still holding back from the market, maybe they are waiting for it go lower.»
Author: Francis Lun
«The absence of fresh news and the fact that most blue chips have already reported their annual results also explains the lack of a strong upward momentum to the market.»
Author: Francis Lun
«Interest in H shares is selective as people expect some H shares to report strong results this week, while others are forecast to turn in weak earnings.»
Author: Francis Lun
«Trading was confined to a narrow range because most investors are cautious as they await the Fed decision tonight and hints on how interest rates will move in the coming months.»
Author: Francis Lun
«Select H shares, like China Mobile and commodities, continue to generate buying interest.»
Author: Francis Lun
«The experience with New World Development proved a company could rebuff attempts by TCI to keep increasing its holding. What New World Development did was to place shares to friendly investors to strengthen its controlling stake.»
Author: Francis Lun
«TCI's impact has been diminishing.»
Author: Francis Lun
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