Herbert Lau
![Herbert Lau](/assets/img/authors/unknown.jpg)
Herbert Lau
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.
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.
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,