It's a bit disappointing, personally, because I expected earnings growth to be 40 percent at least for the year.
More Quotes from Louis Wong:
There's concern about oversupply and price competition. Price competition has been very keen.Louis Wong
It's unclear when the Fed will stop raising interest rates. Even if the rate hike comes to an end, Hong Kong's stock market may not rebound immediately.
Louis Wong
Although the market staged a technical rebound today, the lower turnover suggests that investors are cautious on concerns of possible austerity measures to be introduced by the Chinese government.
Louis Wong
That's quite good for 2005, after the central administration implemented measures to cool down the economy.
Louis Wong
I think the market's come to realize that economic growth in the U.S. is not threatened by higher oil and commodity prices. Regional markets also benefited from positive fund flows.
Louis Wong
The peak of the interest rate cycle may be much higher than expected. Continued inflation in the US indicated a need for a rate hike for few more times until next year.
Louis Wong
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Def Leppard is obviously a different band that we are, but the music work well tighter. And the audiences seem work well together too. We are opening, but we're having a good time.
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It seems to me that unless you or someone very close to you has had a bad head injury, you really can't fathom it. You have no concept of what it is all about. It was so difficult for my whole family, not just me.
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