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Letter "H" » Herbert Lau Quotes
«The oil price will continue to rise. Earnings at most of the oil producers have had very good, positive surprises.»
«The market will stay in a trading range. The high oil prices and also the possible rate increase are pretty much priced in already.»
«China Telecom is also being hurt by the agreement between the European Union and China on WTO, ... Under the agreement China has given further concessions on the telecom sector that will allow foreign players to come in and that will hurt the longer-term prospects of China Telecom.»
«Cheung Kong is still experiencing pressure on the MSCI removal because fund managers still hold quite a big chunk of the stock so it will take time to offload,»
«Telecom stocks are being buoyed by merger and acquisition news overseas,»
«It's still to early to say whether Hutchison and Cheung Kong's share prices can hold up today,»
«Telecom, techs and the Cheung Kong group are weakening but it looks like a sell-off across the board.»
«China Telecom reflects market sentiment, ... A lot of foreign brokerages have issued pessimistic outlooks on the Hong Kong market in the near term and that is putting pressure on the market.»
«[Shares of Cheung Kong (Holdings) was up 4.56 percent at HK$74.50.] Cheung Kong is playing catch up with Hutchison, ... It's been a laggard over the past few weeks so investors are trying to narrow the gap with Hutchison.»
«Property sentiment has also been boosted by a Bank of China report urging the government to act to boost the market, ... The government may be forced to do something such as restrain land supply in coming years and shelve some government-subsidized flats.»