Hong Kong’s financial market is much bigger now than it was during the Asian financial crisis in 1998, says Norman Chan, CEO of the Hong Kong Monetary Authority. Photo: Roy Issa Hong Kong’s financial market is much bigger now than it was during the Asian financial crisis in 1998, says Norman Chan, CEO of the Hong Kong Monetary Authority. Photo: Roy Issa
Hong Kong’s financial market is much bigger now than it was during the Asian financial crisis in 1998, says Norman Chan, CEO of the Hong Kong Monetary Authority. Photo: Roy Issa
Short selling

Shortsellers assembled for Hong Kong’s market tumble may have paid HK$12.4 billion for show that never was

  • City’s top brokers built up positions in August, when the Hang Seng was down 7.4 per cent
  • The benchmark has risen by more than 6 per cent in the first two weeks of September

Topic |   Short selling
Hong Kong’s financial market is much bigger now than it was during the Asian financial crisis in 1998, says Norman Chan, CEO of the Hong Kong Monetary Authority. Photo: Roy Issa Hong Kong’s financial market is much bigger now than it was during the Asian financial crisis in 1998, says Norman Chan, CEO of the Hong Kong Monetary Authority. Photo: Roy Issa
Hong Kong’s financial market is much bigger now than it was during the Asian financial crisis in 1998, says Norman Chan, CEO of the Hong Kong Monetary Authority. Photo: Roy Issa
READ FULL ARTICLE