Herbert Lau
Herbert Lau
across board buying data employment good interest pressure property rate reducing response sales seeing tame
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.
early hold prices share whether
It's still to early to say whether Hutchison and Cheung Kong's share prices can hold up today,
depressed desperate funds raise
C&W is not desperate to raise funds so I don't think they will want to unload PCCW at such a depressed price,
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,
merger news stocks
Telecom stocks are being buoyed by merger and acquisition news overseas.
ahead blue chips data economic expected gains generally hike interest market quiet rate release seeing tonight
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.