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Business
Shirley Yam

Money Matters | Stock maniacs are everywhere, even in Sai Kung country park

The current rally is being driven by investors from all walks of life betting on Beijing’s decision to allow public funds to invest

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San Miguel's 2014 profit was 1.8 per cent of its mainland peer. Photo: Bloomberg

I was hiking in a Sai Kung country park yesterday, where there are more corals than human beings and mobile phone access is close to zero. I never expected to run into a stock market maniac, yet I did.

Sitting in the middle of a seaside town of about 10 houses was the village's only grocery store-cum-tea-house - not exactly a store but the home of an old couple who also run a business.

In summer, they rent kayaks, showers and lockers to tourists. On quieter days they prepare sea urchin fried rice and oyster pancakes for hungry hikers.

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Yesterday was a quiet one. On the patio all the tables and chairs were stacked up with the red and white umbrellas lying beside them.

My husband and I were the only visitors in the store.

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No one came to serve us. Inside the house, the television was blaring about the performance of individual stocks. The old lady, who usually does the cooking, had her eyes fixed on the television.

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