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Letter "H" » Howard Gorges Quotes
«In a bid to combat deflation, there was a concerted drive by the Chinese authorities to get people to take their savings and invest in the stock markets.»
«In the long-term, I think there is quite a lot of institutional money that might just want to simply have a yield, a relatively high yield, with perhaps a little bit of growth potential in it.»
«Some sort of correction was overdue. The market may now be moving into consolidation after recent sharp gains. There is still a good appetite for stocks.»
«We are getting a lot of rotational buying on blue-chip stocks right now. People are buying stocks when they are hurt or lagging.»
«The index's performance has been quite disappointing the last couple of days. I see no reason for the market to soften. There is quite a lot of money around which should support the market going forward.»
«Hong Kong took a lead from Wall Street, Tokyo and other overseas markets, and this explains gains this morning.»
«There is some profit-taking after yesterday's gains, with many investors investors cautious over interest rates.»
«There is follow-through buying of select H-shares, mainly commodity stocks.»
«The Hong Kong market takes the lead from Wall Street and, to a lesser extent, other overseas markets such as Tokyo.»
«It's good to see CLP making a one-off gain last year and investors are happy to see that its earnings from overseas operations are increasing. However, it faces problems ahead as the government looks to change the scheme of controls which apply to local power companies.»