Herbert Lau Quotes

We're seeing some profit-taking of blue chips after Friday's gains but generally the market is very quiet ahead of the release of more U.S. economic data tonight and an expected interest rate hike tomorrow.

- Herbert Lau

Tags

Profit | Blue | Chips | Gains | Generally |

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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

C&W is not desperate to raise funds so I don't think they will want to unload PCCW at such a depressed price. - Herbert Lau

Cheung Kong is still experiencing pressure on the MSCI removal because fund managers still hold quite a big chunk of the stock so it will take time to offload. - Herbert Lau