It jitters some people but we think market still strong

Not until all central banks stop printing money. All major markets will continue to do well. Some initial batches of funds that bought in may lock in their profit.

Local fundamental wise, slightly disappointing on almost all stocks. It appeared the market is expensive. But due to cheap fund hungry for yield. Market will still do strong.

We still suggest defensively stay invested. But slight increase in cash when disposing expensive PE stocks.