Herbert Lau
Herbert Lau
beginning china interest market spill strong
China A-share market just reopened and we've had a very strong rally, and some of the interest is beginning to spill over into H shares.
announcing billion next percent profit rise six stock target three within
We see HSBC announcing an 18 percent rise in interim profit to about HK$20.6 billion and our target for the stock is HK$120 within the next three to six months,
act bank boost china coming forced government land property report sentiment supply
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.
cut deep market people rate switching
People are switching to utilities because there is a lot of uncertainty in the market about how deep the rate cut will be.
across group kong looks
Telecom, techs and the Cheung Kong group are weakening but it looks like a sell-off across the board.
merger news stocks
Telecom stocks are being buoyed by merger and acquisition news overseas.
bit expect move profit sideways today
I expect the index to move sideways today as there's a bit of profit taking.
across board shares
Shares are not doing too well across the board this morning,
china follow good momentum near news price slowing stocks term trend
Momentum in the two China telecom stocks is slowing because all the good news is in the price now, ... In the near term they will follow the trend in the telecom sector, where there is still some weakness.
early hold prices share whether
It's still to early to say whether Hutchison and Cheung Kong's share prices can hold up today,
ahead blue chips data economic expected gains generally hike interest market quiet rate release seeing tonight
We're seeing some profit-taking of blue chips after Friday's gains but generally the market is very quiet ahead of the release of more U.S. economic data tonight and an expected interest rate hike tomorrow.
across board buying data employment good interest pressure property rate reducing response sales seeing tame
We're seeing across the board buying after tame employment data out of the U.S., which is reducing pressure for interest rate hikes, and a good response to residential property sales over the weekend.
continue earnings oil positive price producers
The oil price will continue to rise. Earnings at most of the oil producers have had very good, positive surprises.
cut fed interest investors linger market sidelines staying surprise whether
Some investors are staying at the sidelines as uncertainties linger over whether the Fed would surprise the market by a larger-than-expected cut in interest rates.