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.
More Quotes from Herbert Lau:
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.Herbert Lau
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.
Herbert Lau
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.
Herbert Lau
Shares of Cheung Kong (Holdings) was up 4.56 percent at HK74.50. Cheung Kong is playing catch up with Hutchison, ... It's been a laggard over the past few weeks so investors are trying to narrow the gap with Hutchison.
Herbert Lau
CW is not desperate to raise funds so I don't think they will want to unload PCCW at such a depressed price,
Herbert Lau
Readers Who Like This Quotation Also Like:
Based on Keywords: larger-than-expectedI do not say anything from jealousy.
Anna Held
See, I have no journalism in my background, so I wasn't practised at research or writing non-fiction, nor at handling the truth in a journalistic way. Journalists know when to call a halt and write something, but I kept on looking for answers.
John Sladek
There is no kind of dishonesty into which otherwise good people more easily and frequently fall than that of defrauding the government.
Benjamin Franklin