| Author |
Hong Kong Replies |
rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16935
Location: Sunny California
|
 Posted: Fri Sep 18, 2009 4:20 pm Post subject: |
 |
|
Does 40m jobs lost count as a "bust"? With China it's a yin-yang thing:
http://www.ft.com/cms/s/0/ee77d82e-9e69-11de-b0aa-00144feabdc0.html
From Macroman:
| Quote: | | The Five Chinese Brothers: Once upon a time, there were five Chinese brothers. The first brother owned a toy factory in the Pearl River delta, but it went bankrupt when labour costs rose and Western consumers quit buying so many toys. The second brother applied for a loan to speculate on the price of copper. The third brother applied for a loan to speculate on equities. The fourth brother applied or a loan to set up a joint venture with a foreign electronics manufacturer, so that he could reverse engineer the products and eventually set up his own factory to make cheap replicas. The fifth brother was in charge of the local disbursement of central government stimulus funding; he fast-tracked all the loans, and the entire family became fabulously wealthy. |
_________________
Today is the Tomorrow you worried about Yesterday! |
|
| Back to top |
|
 |
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
|
| Posted: Wed Sep 16, 2009 9:22 pm Post subject: |
|
|
Prices of Hong Kong real estate soar to unbelievable heights. And to think that many folks were calling for a bust in China just six months ago:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDwrVQfd8g0w
| Quote: | | Sun Hung Kai Properties Ltd., the world’s largest developer by market value, raised the price of two penthouses in Hong Kong by 50 percent to a record HK$75,000 ($9,700) a square foot as demand surges for luxury apartments. |
|
|
| Back to top |
|
|
rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16935
Location: Sunny California
|
| Posted: Tue Jun 23, 2009 10:01 am Post subject: |
|
|
Hong Kong Hotel Occupancy rates were 64% in May down from 79% in April. Seems weak. Average rate was HK$973 down from 1,076 in April.
_________________
Today is the Tomorrow you worried about Yesterday! |
|
| Back to top |
|
|
rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16935
Location: Sunny California
|
| Posted: Fri Jun 05, 2009 9:10 am Post subject: |
|
|
One country two systems is a policy with instability built in.
That HK would return to china was destiny; that china will be better off for it is at yet to be determined.
_________________
Today is the Tomorrow you worried about Yesterday! |
|
| Back to top |
|
|
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
|
|
| Back to top |
|
|
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
|
| Posted: Fri May 29, 2009 11:10 pm Post subject: |
|
|
Hong Kong to issue up to HK$100 billion in government bonds in the coming years - as it seeks to increase the scope and liquidity of the domestic bond market. The Hong Kong government will use the proceeds to invest in relatively conservative securities
http://english.capital.gr/news.asp?id=735982 |
|
| Back to top |
|
|
Please log in to view without the ad banners |
|
|
FAQ
Search
Memberlist
Usergroups
Statistics
Register
Profile
Log in to check your private messages
Log in
