Falls on Wall Street last night and profit-taking in H-shares, many of which had a strong run lately, are the major reasons for the market's fall today.

Exxon Mobil reported record profit and people expect the same thing for oil producers' 2005 profit.

Introducing disclosure on short positions can bring more transparency to the market. You should be allowed to see who's hammering you with their short bets.

TCI's impact has been diminishing.

The collapse of stocks in Japan has caused a domino effect in Hong Kong and investors are looking for a reason to sell.

The market has gone crazy, especially in the property sector. Investors are trying to believe that interest rates may be peaking and are forgetting that the oil price is more than US$62 per barrel.