Optimists see more signs of post-handover confidence: property and stock prices continue to climb, and Confidence Check flashes rosy signals again
Article Abstract:
Optimists are interpreting Hong Kong's soaring property and stock prices as an indication that the British colony will continue to be thriving commercial and financial center after its handover to China in July 1, 1997. The Asian Wall Street Journal's Hong Kong 1997 Confidence Check also indicates favorable levels of confidence in the territory's future under Chinese rule. However, pessimists claim that the property market boom can only be attributed to speculators after a 'short-term killing.'
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Colony stock market remains buoyant, but poor fundamentals may limit gains
Article Abstract:
Prospects for the Hong Kong Stock Exchange are still optimistic even with the decline in consumer spending in the Crown Colony. Fueling the steady performance of the bourse are the stable or low interest rates in the US, which have driven fund managers abroad in search of better investment returns. Hong Kong has become a favorite because of its high liquidity and cheaper prices. However, the colony's troubled economy may serve as a dampener to the exchange's performance.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
China H shares attract attention of Templeton
Article Abstract:
Mutual fund group Templeton Emerging Markets Fund has purchased several H shares despite the risks involved with said stocks. Company officials contend that H shares, shares of Chinese firms listed in Hong Kong, offer pricing and other hidden advantages. The shares came from Chengdu Telecommunications Cable, Dong Fang Electrical Machinery, Guangzhou Shipyard International, Maanshan Iron & Steel and Shanghai Hai Xing Shipping.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: DaimlerChrysler targets mass market in Europe. World Bank targets forest preservation - climate link
- Abstracts: Processed foods, confectionery and bakery products in the Netherlands
- Abstracts: A question of confidence; investors seek more transparency to boost the economy. A matter of confidence
- Abstracts: A glow of confidence. Politics and the peg. Riding high
- Abstracts: This is London: China's LME experience shows it has a lot to learn. Rat race; is it time to get back into Asian equities?