The move by the consumer group is unlikely to affect Hutchison's timetable for the IPO of its Italian unit, but it has affected investor sentiment somewhat.

I don't have a timetable. I'd like to move as expeditiously as possible, but when I say that, it doesn't mean that we are going to yield quality. I am very well aware that the tournament is under way, and we have to be aware of those dynamics.

Wall Street fell Friday and prompted some investors to take profits. Sentiment was also weighed down by concerns about further rate increases.

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.

These stocks are the forgotten group -- they continue to stay dormant and move lower, but they actually become a good buy,

There is some talk in the market that the ECB could move today but we think this is unlikely,