Ben Kwong, chief operating officer at Hong Kong-based KGI Asia Ltd., comments on China’s decision to cut interest rates for the first time since 2008.
A gauge of Chinese stocks traded in Hong Kong headed for the highest since January after data showed mainland inflation quickened to the fastest pace in four months. Casino shares led declines on the Hang Seng Index.
"Valuations are still undemanding."
- Ben Kwong on Aug 21, 2014