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Hopewell leads the pack of blue chip winners

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FOREIGN investors are on a feeding frenzy in Hong Kong blue chip stocks.

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The colossal economic growth story of China's emergence as an economic super power of the 21st century has fired the imaginations of overseas investors.

They see Hong Kong stocks as the safest way to make some money out of China's expected economic explosion.

The best performer, road and power station builder Hopewell Holdings, has caught the imagination of the foreign investor who regards building roads in China as the biggest one-way bet to making money since Henry Ford invented the Model T Ford.

Swire Pacific is regarded as a conglomerate with a solid recurring rental income from the shoppers paradise, Pacific Place, and the development of new sources of money at the Taikoo Shing Cityplaza complex.

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Great Eagle is a laggard, coming in from behind having slipped in the rankings during October.

New World Development is seen as the most pioneering property company in the index when it comes to mainland investment.

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