Kenny Tang Interest Quotations

While overall sentiment is positive and fund flow remains strong, the sharp rise in oil prices overnight and interest rate fears gave investors an excuse to sell.

Property stocks sprang to life after falling about 10 percent on average over the past six months as rising interest rates dampened property market sentiment.

Investors were active in buying properties after recent correction. Buying interest in China-related stocks was also very strong.

There wasn't much buying interest at all today despite the slight gains. The market is still cautious about the outlook for interest rates.

It was a technical rebound, but the upside was limited as the market was still building momentum. Buying interest was still on Chinese stocks, as they looked more attractive with their earnings stories.

The market has widely digested trading leads that indicate further interest rate hikes will be needed and thus, investors were not very sensitive to that.

The market is still looking for direction from the earnings results and interest rates.

The developer has benefited from a strong property market last year but the sales growth may slow down this year because of rising interest rates.