Peter Lai Sold Quotations

China stocks are always risky. Many funds sold off the stocks after recent sharp gains, which drove down the stocks. I expect to see further correction in China stocks.

The auction results are likely to be neutral but if the site in Repulse Bay could be sold at a good price it should give property stocks a boost.

The new PCCW shares are right now being sold in the market. Some Cable and Wireless shareholders have decided not to hold PCCW shares.