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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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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The fact that public works spending is about to slow shouldn't raise concern. It's only if private demand is not recovering, and there are signs that private demand is recovering.
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When we downgraded the PC stocks in September, we were concerned about signs in the weak consumer demand -- which has continued to deteriorate. Now we are seeing signs of this weakness spreading into small/medium corporate and of aggressive pricing in low-end servers. This weakness is bound to spread.
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We upgraded Compaq because we see clear signs of a turnaround beginning to gain traction with good pick-up in business momentum.
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We are seeing signs of significant change in the Arctic with mountain glaciers retreating, snow cover disappearing, the Greenland ice sheet thinning and Arctic sea ice cover declining. There is no time to lose - we need to take drastic action now to combat climate change.
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People are already worried about supplies for the driving season, even this early on. There's going to be a price reaction if there are any signs of shortages.
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I'd probably press my bet when there are signs that things are getting better. I don't necessarily see that now.
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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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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.