News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
Richard Li: HK Econ Won't Be Too Bad With Support from CN Govt; No Winners Will Emerge from Global Trade War
Richard Li, Executive Chairman of PCCW (00008.HK) and HKT-SS (06823.HK), expressed at a recent shareholders' meeting his confidence in Hong Kong's economy, saying that the ...
Reset
Send
The window will close in 5 seconds
Richard Li: HK Econ Won't Be Too Bad With Support from CN Govt; No Winners Will Emerge from Global Trade War
Close
Recommend
12
Positive
22
Negative
4
 
SHORT SELL
 
STOCK INFO

Richard Li, Executive Chairman of PCCW (00008.HK)  +0.020 (+0.377%)    Short selling $11.64M; Ratio 16.104%   and HKT-SS (06823.HK)  +0.120 (+1.054%)    Short selling $4.74M; Ratio 5.329%   , expressed at a recent shareholders' meeting his confidence in Hong Kong's economy, saying that the city's economic outlook would not be too bad with the backing of both the Hong Kong government and the Chinese government.

Even if the economy is only average, Li stressed that PCCW and HKT-SS would maintain their current dividend policies by controlling costs, and that both companies' share prices and dividend returns outpaced the broader market in the past.

Related NewsM Stanley Envisions HKT-SS/ PCCW/ SUNEVISION to Benefit from HIBOR Staying Below 3% for Longer Period
Regarding the US-China tariff war, Li said there would be no winners in a global trade war. If tariff negotiations fail to reach a reasonable outcome, it will impact many corporate clients.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.