Featured in Gene Linn’s China Weekly Roundup on EQUITIES Magazine Website
Gene Linn’s latest post, ” Nov. 2-5 Riding U.S. Waves”, outlines how renewed optimism about the U.S. economy has helped Hong Kong’s market dress up what had been an ugly week. This week, it was the large component of Chinese stocks that led the way.
Healthy gains on Friday allowed the blue-chip Hang Seng Index which includes some Mainland Chinese heavyweights, to squeak out a 0.4% rise for the week, going up 77 points to 21,830. The index of Chinese stocks did better, jumping 1.9%, 248 points, to 13,017. Last Friday, increased hope for a U.S. recovery helped Hong Kong erase some of the huge losses accumulated earlier in the week.
To continue reading this post and to read more of Gene Linn’s China Weekly Roundup, click here.
About Gene Linn:
After studying Chinese language in the Army, Gene Linn earned Bachelor’s Degree in journalism and a Master’s in East Asian Studies, focusing on Chinese language and politics. He worked for 14 years as a freelance business reporter in Hong Kong. One of his jobs was to write daily Hong Kong stock market reports for UPI for four years. He started writing a column on China-related stocks for EQUITIES Magazine in 2004.
About EQUITIES Magazine:
Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
