Hong Kong Exchanges & Clearing (0388)

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#24
(27-10-2014, 04:04 PM)specuvestor Wrote: IMHO we probably won't see through-train this year

A firm warning to HKers, and make it more likely the case...

China could 'punish' Hong Kong over protests, says ex-HK central bank chief

HONG KONG - A member of China's central bank's advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralyzed parts of the Chinese-controlled financial center for a month are allowed to continue.

Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former Hong Kong central bank chief, said the city's financial integrity and stability of its currency were also at risk.

"Hong Kong's economic prosperity was built on its intermediary role between the mainland and overseas, especially in the financial realm," said Yam, who urged student protesters to return to their homes.

"(When) the intermediary is uncooperative, unreliable, trouble making, the mainland will for sure reduce reliance, make a fresh start at another place, have two strings to its bow and lessen preferential policies toward Hong Kong amid the economic reform process."
...
http://www.todayonline.com/world/ex-chin...r-protests
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply


Messages In This Thread
RE: Hong Kong Exchanges & Clearing (0388) - by CityFarmer - 29-10-2014, 09:18 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)