Train to Hong Kong stock market may be postponed!

Train to Hong Kong stock market may be postponed!
Nov 6, 2007 00:50
JIMMYB Points: Join Date: Feb 7, 2007 Status: offline	Not long ago, Chinse government has declared that the individual investors are allowed to invest in Hong Kong stock market and the pilot programme will be started in Tianjin. However, till now this policy has not come out. Last Saturday, Premier Wen said that four factors need to be taken into consideration to implement this policy. First, the related laws must be established. Second, the impact on Hong Kong stock market should be taken into consideration. Third, those investors must realize the investment risks. Fourth, opinions from Hong Kong and other people or institutions should be taken into consideration. Both the investors and media feel worried that the plan that the domestic investors are allowed to invest in Hong Kong might be postponed for somewhile. How long will it be postponed? No one can anticipate it. Influenced by this news, Hong Kong shares dropped sharply yesterday, about 1500 points. How do you view this policy and what is your reaction when you read this news?

Nov 6, 2007 00:50

JIMMYB
Points:
Join Date: Feb 7, 2007
Status: offline

Not long ago, Chinse government has declared that the individual investors are allowed to invest in Hong Kong stock market and the pilot programme will be started in Tianjin. However, till now this policy has not come out. Last Saturday, Premier Wen said that four factors need to be taken into consideration to implement this policy. First, the related laws must be established. Second, the impact on Hong Kong stock market should be taken into consideration. Third, those investors must realize the investment risks. Fourth, opinions from Hong Kong and other people or institutions should be taken into consideration.

Both the investors and media feel worried that the plan that the domestic investors are allowed to invest in Hong Kong might be postponed for somewhile. How long will it be postponed? No one can anticipate it. Influenced by this news, Hong Kong shares dropped sharply yesterday, about 1500 points.

How do you view this policy and what is your reaction when you read this news?

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