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, - Herbert Lau Quotes
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, Herbert Lau
 

More - Herbert Lau Quotes

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

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

Herbert Lau

 
The market would have expected a placement at a bigger discount. - Herbert Lau Quotes

The market would have expected a placement at a bigger discount.

Herbert Lau

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

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

Herbert Lau

 
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. - Herbert Lau Quotes

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.

Herbert Lau

 
The market will stay in a trading range. The high oil prices and also the possible rate increase are pretty much priced in already. - Herbert Lau Quotes

The market will stay in a trading range. The high oil prices and also the possible rate increase are pretty much priced in already.

Herbert Lau

 
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. - Herbert Lau Quotes

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.

Herbert Lau

 
China Telecom reflects market sentiment. A lot of foreign brokerages have issued pessimistic outlooks on the Hong Kong market in the near term and that is putting pressure on the market. - Herbert Lau Quotes

China Telecom reflects market sentiment. A lot of foreign brokerages have issued pessimistic outlooks on the Hong Kong market in the near term and that is putting pressure on the market.

Herbert Lau

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

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

Herbert Lau

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

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

Herbert Lau

 
The market thinks the note issue is slightly positive for Hutchison because it will help the company raise funds for third-generation mobile-phone ventures in Europe and the conversion price of the bonds is at a very good premium on the Vodafone share price, - Herbert Lau Quotes

The market thinks the note issue is slightly positive for Hutchison because it will help the company raise funds for third-generation mobile-phone ventures in Europe and the conversion price of the bonds is at a very good premium on the Vodafone share price,

Herbert Lau

 Company
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