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More - Louis Wong Quotes

I think sentiment is turning a bit cautious after seeing the market rallying three days in a row, so there's profit-taking at about 16,800. - Louis Wong Quotes

I think sentiment is turning a bit cautious after seeing the market rallying three days in a row, so there's profit-taking at about 16,800.

The rise could also be attributed to some year-end window dressing activities as port related stocks has performed relatively poor earlier. - Louis Wong Quotes

The rise could also be attributed to some year-end window dressing activities as port related stocks has performed relatively poor earlier.

The peak of the interest rate cycle may be much higher than expected. Continued inflation in the US indicated a need for a rate hike for few more times until next year. - Louis Wong Quotes

The peak of the interest rate cycle may be much higher than expected. Continued inflation in the US indicated a need for a rate hike for few more times until next year.

I think the market's come to realize that economic growth in the U.S. is not threatened by higher oil and commodity prices. Regional markets also benefited from positive fund flows. - Louis Wong Quotes

I think the market's come to realize that economic growth in the U.S. is not threatened by higher oil and commodity prices. Regional markets also benefited from positive fund flows.

It's a bit disappointing, personally, because I expected earnings growth to be 40 percent at least for the year. - Louis Wong Quotes

It's a bit disappointing, personally, because I expected earnings growth to be 40 percent at least for the year.

Although the market staged a technical rebound today, the lower turnover suggests that investors are cautious on concerns of possible austerity measures to be introduced by the Chinese government. - Louis Wong Quotes

Although the market staged a technical rebound today, the lower turnover suggests that investors are cautious on concerns of possible austerity measures to be introduced by the Chinese government.

In the short term, there is uncertainty regarding share placements. Since August 31, fund-raising activities by various companies have raised about HK$22 billion from the market, so that is an overhang. - Louis Wong Quotes

In the short term, there is uncertainty regarding share placements. Since August 31, fund-raising activities by various companies have raised about HK$22 billion from the market, so that is an overhang.

It's unclear when the Fed will stop raising interest rates. Even if the rate hike comes to an end, Hong Kong's stock market may not rebound immediately. - Louis Wong Quotes

It's unclear when the Fed will stop raising interest rates. Even if the rate hike comes to an end, Hong Kong's stock market may not rebound immediately.

There's concern about oversupply and price competition. Price competition has been very keen. - Louis Wong Quotes

There's concern about oversupply and price competition. Price competition has been very keen.

There were no nice or nasty surprises in the budget so market reaction was quite muted. - Louis Wong Quotes

There were no nice or nasty surprises in the budget so market reaction was quite muted.

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