China-related stocks will likely to be hit by the austerity measures. I expect further correction in China stocks in the short term.

Overbuying of China stocks was obvious in the last two weeks. Investors are taking profits gradually, but some are still chasing laggards such as commodity stocks.

Profit-taking in many China stocks ... drove the market as well as H-shares into negative territory.

The market seems to be overshooting. The metal stocks are going crazy.

Henderson Land's strong gains were due mainly to speculation that it might privatize unit Hong Kong & China Gas and launch a real estate investment trust.

The local market continued to post losses as it was affected by the retreat of Wall Street and the Japanese market.