Andrew To Quotes

The Japanese market is struggling to stay above 17,000, and it's still uncertain whether it can hold. An interest rate hike and a strong dollar would hurt.

- Andrew To

Tags

Market | Struggling | Stay | Uncertain |

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Hong Kong is tracking trends in the Japanese market. The market has had a very good run in the first four months of this year, will the rally spill over to May and June of this year is a very big question. - Andrew To

In the past three days, the market has added more than 500 points. At least 20% of the price is cream, or speculative activity. All we need is one or two negative indicators or pieces of news, and that could give investors an excuse to take profit. - Andrew To

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. - Andrew To