Hong Kong: advance party
Article Abstract:
Hong Kong share prices were initially subdued in 1st half 1996 due to a number of factors such as slower economic growth. Share prices have since risen and the hang Seng index is above the peak of Jan 1994. Residential and commercial real estate markets are performing well and economic growth could reach 6% for 1997, up from 4% for 1996. Corporate earnings could rise by between 11% and 12% from late 1996 to 1998 according to SocGen-Cosby, and this should boost share prices.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Hong Kong/Taiwan: double hit
Article Abstract:
The stock markets of Hong Kong and Taiwan have both been affected by China's aggressive stance toward Taiwan. Hong Kong would be hit if China lost its most favored nation status as a result of tension between China and the US over Taiwan. Hong Kong is also affected by US interest rates since the Hong Kong dollar and the US dollar are linked. Taiwan, meanwhile, is affected by problems in the real estate industry and a cyclical downswing of the economy.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Hong Kong: at the cusp. Hong Kong: the next boom. Anybody's guess
- Abstracts: International financial markets. National financial markets. International bond markets
- Abstracts: Trinity Holdings. All abroad for Trinity's double-decker delight
- Abstracts: Hoechst in a hurry. Akzo Nobel. Company facts: CIBA
- Abstracts: Getting off to a good start. Here come the SEMBOS and the PAMBOS. On becoming a business angel