“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.”
Andrew To
“I'm disappointed, I wanted Unicom to rise to HK$19 and than sell into China Telecom, ... I think investors feel it's a bit expensive at HK$15.58 but it may settle and firm later in the day.”
David Harman
“I think what you find is that the telecom names, both large and small cap, are highly sensitive to any upward mobility in interest rates. They should be volatile in this period as we wait to see what the Fed will do.”
Henry James
“Hong Kong telecom stocks have lagged European and U.S. telecom stocks this week so they are catching up.”
Kenny Tang
“We can't all be masters. And telecom equipment, I think, is becoming a market where you have to have an expertise in one area.”
Mark Sue
“I don't know how Toronto would be without Bell and Northern Telecom... those two stocks are helping to drive the market. If you look at New York...logically our market would be a little to the softer side.”
Irwin Michael
“Going forward, I'm a lot more comfortable with things like telecom operators, because I think the forecasts in that area have come down significantly, whereas in other areas like some of the cyclical sectors, their forecasts probably need to be cut.”
Alia Baig
