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.
More Quotes from Andrew To:
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
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.
Andrew To
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.
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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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