Herbert Lau
Herbert Lau
catch few gap investors kong narrow past playing trying weeks
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.
fell last market percent stocks tech week
The market fell 5 percent last week so it should stabilize a bit, but tech stocks are still weak.
high increase market oil possible prices rate stay trading
The market will stay in a trading range. The high oil prices and also the possible rate increase are pretty much priced in already.
bonds company conversion europe funds good help issue market note positive premium price raise share slightly thinks ventures
The market thinks the note issue is slightly positive for Hutchison because it will help the company raise funds for third-generation mobile-phone ventures in Europe and the conversion price of the bonds is at a very good premium on the Vodafone share price,
figures good strong
The market's doing pretty well. We've had some good figures out of the U.S. and futures were very strong at yesterday's close.
basically data fears interest market overall positive quite rate recent rise sentiment somewhat
The market is basically quite quiet. There's some profit-taking after yesterday's surge but overall market sentiment has stabilized somewhat because recent U.S. data has been quite positive and that has allayed fears about an interest rate rise this month.
early hold prices share whether
It's still to early to say whether Hutchison and Cheung Kong's share prices can hold up today,
bit expect move profit sideways today
I expect the index to move sideways today as there's a bit of profit taking.
bigger expected market placement
The market would have expected a placement at a bigger discount.