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 Hong Kong goes into speculative overdrive

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Hong Kong goes into speculative overdrive Vide
PostSubject: Hong Kong goes into speculative overdrive   Hong Kong goes into speculative overdrive Icon_minitimeSun Sep 20, 2009 8:59 pm
Despite all the warnings, some are betting their savings on IPOs

Forget somber reflection on the one-year anniversary of the Lehman crash, memories are short in Hong Kong and bear markets shorter still, as the city dives headlong into another speculative frenzy. Initial public offerings are receiving record subscriptions, luxury property prices are in the stratosphere, and the equity market is at a 2009 high.

More: http://www.marketwatch.com/story/hong-kong-goes-into-speculative-overdrive-2009-09-20
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