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 Andrew To Quotes
10 Famous Quotes by Andrew To
2/7/1966 - (Present)
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About Andrew To

I think there was some minor selling pressure on telecom stocks as the market continued to see a weaker European telecom sector due to the high cost of Germany's third-generation mobile-phone licenses.

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We are afraid that our freedoms and liberties will be infringed in the future.

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I think the take-up for the placement is not too good and other property developers may be discouraged from placing shares at this time.

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Some investors have returned to pick up the stock at bargain prices.

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We're seeing a minor technical rebound after Wall Street rebounded from two days of losses. The key will be whether the index can hold above 17,400, if it can't it will indicate we'll see another single-day reversal.

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Trading seems to be focusing on selective counters because investors are cautious amid interest rate fears.

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The index tried to challenge 18,000 but failed, so that triggered profit taking. Tokyo's slide also depressed sentiment. If the HSI breaks 17,400 that will be the first sign that sentiment is weakening.

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Bank of China's results were quite good; double-digit growth can be taken as good results for a bank. That injected confidence into the market.

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Property shares had a technical rebound, but interest rate concerns will still affect properties until there are signs that the U.S. interest rate cycle will end.

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The market is still waiting for HSBC results, which will have a big impact on the direction of the market.

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