Quotes by Joseph Yam

“Those banks involved in the speculation will suffer by paying a high interest rate to get the Hong Kong dollar funding to settle the deals.”

“one of the rare examples of a smooth change.”

“Oil prices are increasing and (US) consumer spending is strong.”

“It may not be fair to the public if [the funds investment strategy] is too conservative. Perhaps part of it could be invested in other more aggressive, higher-risk and lower- liquidity products.”

“The information from the two sides will create more market volatility, and its necessary to warn (Hong Kong) citizens of risk.”