An electronic board displays the closing number of the Hang Seng Index in Hong Kong. Photo: EPA
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

Why the Hong Kong bull market is set to run and run

Yes, debt levels in China are high, but much of it is owed by one arm of the state to another, meaning a liquidity crisis is unlikely. When international investors realise that, valuations have a long way to rise

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An electronic board displays the closing number of the Hang Seng Index in Hong Kong. Photo: EPA
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