Andrew To
Andrew To
Andrew Tois a member of the Wong Tai Sin District Council, Hong Kong. Of Hakka ancestry, he is the former chairman of League of Social Democrats from 2010 to 2011, succeeding Wong Yuk-man. His wife, Jackie Hung, was a leader of Civil Human Rights Front and Justice and Peace Commission of the Hong Kong Catholic Diocese...
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I think the take-up for the placement is not too good and other property developers may be discouraged from placing shares at this time.
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At the moment, rising fuel prices are placing a cap on spending.
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If you would have asked us five years ago about placing top 20 nationally, they would have laughed in your face.
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The emissions trading scheme must be given every opportunity to succeed, ... Increasing taxes on aviation is a blunt way of placing additional costs on the industry without offering any guarantee of a reduction in emissions.
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Property shares had a technical rebound, but interest rate concerns will still affect properties until there are signs that the U.S. interest rate cycle will end.
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With the China market on holiday, Hong Kong is tracking trends in the Japanese market.
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We're seeing a minor technical rebound after Wall Street rebounded from two days of losses. The key will be whether the index can hold above 17,400, if it can't it will indicate we'll see another single-day reversal.
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We are afraid that our freedoms and liberties will be infringed in the future.
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Trading seems to be focusing on selective counters because investors are cautious amid interest rate fears.
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Bank of China's results were quite good; double-digit growth can be taken as good results for a bank. That injected confidence into the market.
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I think there was some minor selling pressure on telecom stocks as the market continued to see a weaker European telecom sector due to the high cost of Germany's third-generation mobile-phone licenses.
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Some investors have returned to pick up the stock at bargain prices.
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Hong Kong is tracking trends in the Japanese market. The market has had a very good run in the first four months of this year, will the rally spill over to May and June of this year is a very big question.
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In the past three days, the market has added more than 500 points. At least 20% of the price is cream, or speculative activity. All we need is one or two negative indicators or pieces of news, and that could give investors an excuse to take profit.