Hong Kong stocks are racing ahead
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This genius investor does dizzying levels of research to uncover...Half Price Shares!
As global and Asian emerging markets have jumped to new record highs, Hong Kong has been leading the charge. The Hang Seng index rocketed by 25% in the third quarter, its best quarterly showing since 1999, eclipsing the 27,000 level and propelling the market’s capitalisation above 20 trillion Hong Kong dollars, or $2.6trn, for the first time. Investors seeking a play on China via Hong Kong-listed mainland firms – where valuations are about half those on the mainland’s domestic market – have underpinned gains: the H-shares index of Hong Kong-listed Chinese companies gained 42% between June and September.
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This genius investor does dizzying levels of research to uncover...Half Price Shares!
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