Kent Yau
Kent Yau
driven growth higher limited mainly power pricing quite remains retail retailers sales
Retail sales growth is mainly driven by higher volumes, and the pricing power of retailers remains quite limited because of competition.
concern financial good government industry lack showing smaller
I think it's a good gesture. The government is showing concern about the financial industry especially with some of the smaller brokers complaining about the lack of business.
businesses emerging growth markets moment reasonable rely results sustain
HSBC does not need to rely too heavily at the moment on emerging markets to sustain growth. The results show there is still reasonable growth from the established businesses in the US and Europe.
due goods increase inflation mainly petrol price rises
The increase in inflation is mainly due to price rises in cost-driven goods such as petrol and jewelry.
continues investment likely picture production remain
The investment picture is still pretty bright, and as long as investment continues to be strong, production will likely remain strong.
bank china developing good income interest low needs rates remain retail whether
Developing a more diversified income base, whether it is fee-based or from trading, is always a good strategy. Interest rates will remain low in China and Bank of Communications needs to develop more retail products.