The Hang Seng Index soared by 10 per cent on October 30, 2008, after the US Federal Reserve‘s interest rate cuts. The index would soar 52 per cent the following year. Photo: EPAThe Hang Seng Index soared by 10 per cent on October 30, 2008, after the US Federal Reserve‘s interest rate cuts. The index would soar 52 per cent the following year. Photo: EPA
The Hang Seng Index soared by 10 per cent on October 30, 2008, after the US Federal Reserve‘s interest rate cuts. The index would soar 52 per cent the following year. Photo: EPA

Hong Kong braces for the return of hot money in search of yield, as near-zero rates resurrect the era of cheap funds

  • An estimated US$130 billion of capital flooded Hong Kong between 2008 and 2015, HKMA’s data showed
  • This time around, hot money may find its way into mainland China markets instead, analysts say
Topic |   Banking & Finance
The Hang Seng Index soared by 10 per cent on October 30, 2008, after the US Federal Reserve‘s interest rate cuts. The index would soar 52 per cent the following year. Photo: EPAThe Hang Seng Index soared by 10 per cent on October 30, 2008, after the US Federal Reserve‘s interest rate cuts. The index would soar 52 per cent the following year. Photo: EPA
The Hang Seng Index soared by 10 per cent on October 30, 2008, after the US Federal Reserve‘s interest rate cuts. The index would soar 52 per cent the following year. Photo: EPA
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