Alex Wong Quotes

With mortgage rates falling as banks compete aggressively for business, homebuyers are being encouraged to buy apartments. - Alex Wong

We should have narrow range trading today with a downside bias on profit-taking. - Alex Wong

U.S. markets are starting to worry about the earnings of multinational companies in the face of the strong dollar. - Alex Wong

Trading was confined within a narrow range in the absence of fresh stimulus. Overseas markets lack momentum and and there isn't any fresh news that could drive up activity. - Alex Wong

There probably isn't too much downside from here. The performance of other Asian markets is quite encouraging so I think the index may hold above 16,000 and maybe rise to 16,250 later in the day. - Alex Wong

There isn't much momentum in the banking sector; the sector simply moved along the general uptrend of the market today. - Alex Wong

There is some speculation that CLP might announce a generous payout. But the company continues to face an overhang because of the uncertain outcome of its talks with the government on the scheme of controls relating to the operations of power companies in Hong Kong. - Alex Wong

The real pressure in Hong Kong should be on semiconductor stocks like ASM Pacific and QPL... As we don't have semiconductor blue chips, pressure on the index shouldn't be too great. - Alex Wong

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