Financial review 2014
2014-12-28
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"The threat of a global economic slowdown, the end of quantitative easing measures in US, mainland China leading world and APEC powers and an up and down year for HK, which saw slower growth in tourism and retail sales under the Occupy Central movement. 2014 was a mixed bag. After a 6 month period, investors had high hope, for the Shanghai HK Stock Connect was supposed to bring an influx of capital. But there was more interest in stocks listed in Shanghai than those in HK. A free trade zone in Shanghai was still taking shape. So was President Xi Jinping's anti-corruption plan. The year also huge interest in residential plots. The property market did not slow down much despite austerity measures introduced the year before. First time buyers still said they couldn't afford an entry into the property market. Also, a look back on stock market performance, IPO and other major equity market activities"--TVB's website.
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