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.
The stock is likely to see as much as 30 per cent gain in the first trading day to follow the similar recent gain of other material stocks.
Investors were active in buying properties after recent correction. Buying interest in China-related stocks was also very strong.
The market was consolidating after recent gains. Yue Yuen fell the most, following rumors of a share placement.
The market was in the midst of a mild correction after recent rally as investors took profits ahead of the upcoming Easter holiday.