Louis Wong Quotes (8 Quotes)

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.

That's quite good for 2005, after the central administration implemented measures to cool down the economy.

There's concern about oversupply and price competition. Price competition has been very keen.

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.

If the job data is stronger than expected, people will expect a longer rising trend in interest rate.

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.

It's a bit disappointing, personally, because I expected earnings growth to be 40 percent at least for the year.

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.