Tsang Yuen-chong: Link REIT's Sale of T.O.P Helps Raise Cash Flow, Conducive to Higher Distributions

Tsang Yuen-chong believes Link REIT's sale of T.O.P helps raise cash flow and is conducive to higher distributions. He noted that the US Federal Reserve's decision not to raise rates last week should have been good news, but the Hang Seng Index subsequently fell for no apparent reason, reflecting that many stock investors are pessimistic and prone to panic, with major players leading the selling and retail investors following.