Peter Lai
Peter Lai
Peter Lai Hing-ling, JP was Secretary for Security of Hong Kong from 1995 to 1998, spanning the Handover of Hong Kong...
above believe depend earlier erased flow fund kept level market mild mixed overnight partly point showing street traders wall
Mild profit-taking set in and partly erased earlier gains. I believe the sustainability of the index above the 16,000 point level would really depend on the fund flow and market sentiment. Mixed showing at Wall Street overnight may have kept some traders cautious.
level profit risen week
Hutchison has risen more than HK$10 this week so at this level it will see some profit taking.
buying concerns due flow following fund gains interest investors property recent sector stocks strong supported weakness
The strong fund flow supported gains in the market. Investors were buying property stocks following recent weakness in the sector due to concerns over interest rates.
banking continued early failed gains investors market profits property recent stocks support sustain took trade
Rate-sensitive property and banking stocks continued to support the market in early trade but the gains failed to sustain as investors took profits after recent rallies.
commodity dragged gains last sharp stocks
Commodity stocks were dragged down by profit-taking after sharp gains last week.
continued flow fund gains helped kong market overseas performance positive support
Continued fund flow into Hong Kong and positive market performance overseas helped support gains in the market.
china correction drove expect funds further recent sharp sold stocks
China stocks are always risky. Many funds sold off the stocks after recent sharp gains, which drove down the stocks. I expect to see further correction in China stocks.
asset china expected fixed forecast grow measures
China is expected to take some macroeconomic measures as fixed asset investments there are forecast to grow sharply this year.
culture talk
You have to talk about the culture before you can talk about business.
course lawful migration priority problems range top
We will look into the range of problems of the lawful and unlawful migration of mainland people. We will, of course give top priority to the problem of migrant children. It has become very serious.
auction bay good likely neutral price property results site sold stocks
The auction results are likely to be neutral but if the site in Repulse Bay could be sold at a good price it should give property stocks a boost.
bargain blue chips hunting likely lows market move range within
There are some bargain hunting at lows for blue chips but I think the market is likely to move within a range of 15,100 and 15,700 points.
concerns fell friday further investors rate sentiment street wall weighed
Wall Street fell Friday and prompted some investors to take profits. Sentiment was also weighed down by concerns about further rate increases.
benefit extend home limit loans move properties reduction seven tax
The properties (sector) will benefit from the government's move to extend the limit for the salaries tax reduction for home loans to 10 years from seven years currently.