23 Quotes by Herbert Lau

  • Author Herbert Lau
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    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.

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  • Author Herbert Lau
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    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.

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  • Author Herbert Lau
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    Momentum in the two China telecom stocks is slowing because all the good news is in the price now, ... In the near term they will follow the trend in the telecom sector, where there is still some weakness.

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  • Author Herbert Lau
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    China A-share market just reopened and we've had a very strong rally, and some of the interest is beginning to spill over into H shares.

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  • Author Herbert Lau
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    I expect the index to move sideways today as there's a bit of profit taking.

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  • Author Herbert Lau
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    Some investors are staying at the sidelines as uncertainties linger over whether the Fed would surprise the market by a larger-than-expected cut in interest rates.

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  • Author Herbert Lau
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    We see HSBC announcing an 18 percent rise in interim profit to about HK$20.6 billion and our target for the stock is HK$120 within the next three to six months,

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  • Author Herbert Lau
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    Telecom, techs and the Cheung Kong group are weakening but it looks like a sell-off across the board.

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