In the next cycle, I will bet my money on US property, and Hong Kong’s stock market, which will likely benefit from the credit created.
My two advices for first-time homebuyer: (1) look for options that cost no more than seven years of their household incomes (2) ask whether you can stay in any of them for at least 10 years, despite all the possible changes in life.
Our peg is a very rare case in the Post-Bretton Woods system. It is why the Hong Kong government is always extremely cautious about its fiscal health.
Arch Education brings together a multidisciplinary education for preparing our future generations.
Can Hong Kong become great again? Or, more precisely, we should ask: “How can Hong Kong become great again?” Should the government do more? Or should we leave it to the entrepreneurs and innovators to do the job?
How can Hong Kong become great again? Should the government do more? Or should we leave it to the sharing-economy entrepreneurs to do the job?
The SFC has become the policeman of the stock market. It is not only the law maker, but also the enforcer and the supreme authority that tells people what they should buy and sell.
How does Hong Kong’s economy stay free? There is no secret. All you need is to get the incentives right.
Rather than betting on Snapchat, I would rather wager my money on Facebook, which has both the resources and user base to crowd out potential competitors.
All it takes is a really good phone, computer, tablet or a new service to deal a potentially heavy blow to Apple Inc and end it’s hegemony, just like what happened a decade ago to its competitors with the launch of the iPhone.