YOur statements of choosing 3968 over 0005 AND CBA over TLS were based on capital gain,... Yes, if your capital had been smaller and your were in accumulation stage, gg for capital gain would be the right way - I have said this in another thread somewhere.

Interestingly,... I have always been a Fixed Income investor,.. never tried much as a Cap Gain investor. I believe in the fact that if a particular ctr has sufficient dividend-paying qualities, it will ultimately turn out to provide capital gains too,... and the more of such 'Unrealized' capital gains in the price of the ctr, I treat it as the higher my margin-of-safety is.

To diversify my hldgs further from SG, CA and AU, I intend to buy more of HK ctrs,... hopefully, this will negate out the geographical risks !

Well bro,... I don't have any real hard-and-fast rule,... to round up all philosophies pertaining to your question here, I would analyse first the higher-yield counters, then move-on down to lower yield ones.

There would be many higher-yield counters being there because of one-offs. Hence, these are scrapped-out. An eg of this would be Air New Zealand in the ASX.

And then there would be some lower-yield ctrs which have growing dpu's. I might take one of these up. An eg of would be Capital Mall Trust in the SGX.

But the HSI still appreciated by +0.52% now,... hence, mkt is not being swayed by these events anymore !

But,... if something DRASTIC happens tomorrow and during the Chinese Golden Week,... then our opportunities will come !

It shows stability. Investors like stable stuff. Now china cannot do anything but listen to the Protesters already.