China Telecom is weaker because attention is on Unicom. Overall the market is still consolidating because there is still no clear direction.

China Telecom is suffering selling pressure this morning, but otherwise selling is not too strong.

Investors are trying not to build up big positions this week.

People feel that the market at 16,000 is a bit too high so there's not much strong buying interest.

There's still profit taking pressure but I expect the index to trade around the 17,500 level today.

While a lot of attention has been paid to data integration and reconciliation, [analytics] has been largely overlooked. While the industry is focusing on ITIL CDMB and data integration, the technology that will make it truly effective and valuable is not yet part of the public forum.