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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (67359)8/12/2005 8:29:52 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
<<What's the business mood in HK now ?>>

Upper middle class housing at USD 2,500 per square foot, closing in on peak of peak before Asian Financial Crisis

Income recovered to basically pre-Financial Crisis level

Debt under control

all attributable to J6P buying from China

If so, then close to top and ready positioned to experience the other side of the hill

Will be not pretty, but probably not as bad as the last round, what with SARS following financial crisis that ended a 18 year boom

There are a whole mountain of planned IPOs of mainland businesses ion HK exchange between now and 2nd quarter of 2006

Cannot guess how they will do.