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Letter "A" » Alex Wong Quotes
«There are concerns that new competitors like China Netcom and China Telecom will enter the domestic market once 3G services are introduced next year. The focus now is on such uncertainties.»
«Rumors about a merger of China's A and B markets, coupled with generally bullish expectations of further gains of China stocks, are driving buying interest in this sector.»
«There isn't much momentum in the banking sector; the sector simply moved along the general uptrend of the market today.»
«We should have narrow range trading today with a downside bias on profit-taking.»
«Trading was confined within a narrow range in the absence of fresh stimulus. Overseas markets lack momentum and and there isn't any fresh news that could drive up activity.»
«Gains on Wall Street overnight and in Tokyo this morning helped the market recover.»
«Net interest margins in Hong Kong remain under pressure and Standard Chartered Bank's performance here in 2005 would likely not be as strong as in China and elsewhere in the Asia-Pacific where it has expanded aggressively.»
«The market is drawing support from several factors, including follow-through buying of HSBC.»
«With mortgage rates falling as banks compete aggressively for business, homebuyers are being encouraged to buy apartments.»
«There is some speculation that CLP might announce a generous payout. But the company continues to face an overhang because of the uncertain outcome of its talks with the government on the scheme of controls relating to the operations of power companies in Hong Kong.»