China Financial News Headlines

October 19, 2008

Hong Kong stocks market

Filed under: financial news — Tags: , , — kinpoo @ 10:24 pm -0500

Basic Element is difficult to set a timetable for listing in Hong Kong
Government has to attract Russian companies to list in Hong Kong. Russia’s largest integrated enterprise, Basic Element’s business, is expected to have to take the lead in the Hong Kong stock market to add new shares.

The three major gods of Asia shares lost hundreds of billions, but the more overweight, the more still bought
In the current market, the gods of Asia shares can not escape from financial turmoil, and the farm has shrunk sharply. Weekly financial reporters came to the preliminary calculations, the Li Ka-shing-controlled companies listed on the stock market value has shrunk near 4o%, a total of about 140 billion of Hong Kong dollar.

In ABN Amro of Hong Kong , private banking clients who invested, in one year changed from the middle class to negative equity
Untill March 25th this year, the total investment of about 21 million of Hong Kong dollars now accounts a maximum of 1 million or 2 million Hong Kong dollars in the stock market. Indeed, many people from the mainland through Hong Kong benefited from substantial international investment bank, but because of this there were peoples from the “middle class” back to “negative equity.”

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