23 Quotes by Herbert Lau

Telecom stocks are being buoyed by merger and acquisition news overseas.

Property sentiment has also been boosted by a Bank of China report urging the government to act to boost the market. The government may be forced to do something such as restrain land supply in coming years and shelve some government-subsidized flats.

People are switching to utilities because there is a lot of uncertainty in the market about how deep the rate cut will be.

The oil price will continue to rise. Earnings at most of the oil producers have had very good, positive surprises.

It's still to early to say whether Hutchison and Cheung Kong's share prices can hold up today,

C&W is not desperate to raise funds so I don't think they will want to unload PCCW at such a depressed price,

Cheung Kong is still experiencing pressure on the MSCI removal because fund managers still hold quite a big chunk of the stock so it will take time to offload.

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.

The market fell 5 percent last week so it should stabilize a bit, but tech stocks are still weak.