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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Trading seems to be focusing on selective counters because investors are cautious amid interest rate fears.
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Most of the region's markets are trading off a bit, which is to be expected. The strength you've see over the last few days is basically the money that has been waiting on the sidelines for an opportunity to buy on the cheap; they've decided there is not going to be an opportunity to buy on the cheap, so they might as well get involved now.
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There is no international agreement to introduce emissions trading for global aviation and we do not want the EU scheme to be sidelined by international disputes or for EU airlines competitiveness to be jeopardized.
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Until Greenspan speaks on Wednesday, dollar trading will be like a kindergarten's finger painting -- messy with not a lot thematic clarity,
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We shall look for more detail on the group's cost-cutting programme and on recent acquisitions. Overall, we expect the outlook statement and current trading to be the main share price drivers.
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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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The market is only trading on about 13 times this year's earnings, which is hardly suggestive of irrational euphoria, and growth is still coming in quite strongly. I think there's an expectation that there will be further bid activity during the year.
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Tiptoeing on a tightrope past insider trading laws may be deft and clever, but it doesn't make it right.
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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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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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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.