KENNY TANG Sing-hing boasts an almost encyclopaedic knowledge of the minutiae of Hong Kong stocks. An associate director at Tung Tai Securities, he was recently voted one of Hong Kong's three best loved financial commentators in a survey of over 4,000 investors conducted by the Association of International Accountants. Q: What got you into stock markets in the first place? A: My interest started in secondary school. At the time I was interested in financial news. I thought it was interesting because when it was one day up and one day down someone was making money and someone was losing money. At university I chose a subject related to the stock market - finance and banking. Q: How many journalists do you speak to in the average day? A: I have at least ten phone interviews in an average day. It's my job to talk to them because the job of an analyst is to distribute forecasts and analysis to the general public and the media is a useful and effective way to distribute that analysis. Q: Do you get tired of dumb questions from journalists? A: Not always, as most Hong Kong journalists are quite familiar with the market. In fact, most Hong Kong people are quite familiar with the stock market and many journalists invest themselves. Q: Why are Hong Kong people so fascinated by the markets? A: Hong Kong people are looking for higher returns than just putting their money in the bank and as the investment knowledge of Hong Kong people improves, so they'll try for a better standard of living when they retire so they need more ways to enhance their wealth. And also, in Hong Kong, most people want to make a short profit. Q: So are the Hong Kong Chinese natural gamblers? A: Yes I think so. In the US or Europe, most investors put their money into funds but in Hong Kong, fund investment penetration is very low. Q: What kind of feedback do you get from the investing public? A: Sometimes a letter or e-mail from investors asking about their investment. Usually when they have made a loss. Q: What was your worst ever stock pick? A: PCCW. I changed direction on it after it went below HK$20. Q: And the best? A: Hongkong Bank. Q: Do you invest yourself? If so, where? A: Yes but not always. Due to the job constraints and working hours being the same as the market opening hours there's not too much time to look at my investments, so I usually enter the market when I think it's undervalued and don't care about short-term price fluctuations. Q: What do you think is the best asset class for investing in? A: Equities are much better than other investments as their liquidity is high and their performance depends on the company's prospects. In the long term, share prices will reflect the fundamentals of a company. In property, liquidity is very low and is affected by policy, such as government or land. The leverage is also high so the risks are quite high. Q: What's the secret to being a good investor? A: Doing your homework and working hard are very important. Q: Ever thought about packing it in for a full time career in TV? A: Working in a securities firm is a good way to collect information and is very helpful in picking up the market sentiment and trends. I think being a full-time commentator would be quite hard because, like a movie star, you need to have the audience love you. Q: What's your motto in life? A: Life is like the market. People are sometimes at their peaks and sometimes at their lows. But they won't always be. Q: Are you a dog or a cat person? A: I prefer cats. Q: How many hours do you work in the average day? A: After leaving the office, I still need to worry about the markets so I work at least 12 hours a day. Q: What does the family think about your infatuation with the market? A: They don't really care. Q: The typhoon 8 signal is up and the markets are shut - how do you spend your day? A: I try to sleep because I think I don't sleep enough for the working day. I need more time to sleep.