Many politicians thought that Britain got a bum deal when Hong Kong became a British colony in 1841. The Prime Minister Lord Palmerston declared that the tiny island was ‘a barren rock. It will never be a mart for trade.’ This is somewhat ironic. Palmerston’s ‘barren rock’ is now home to over 700,000 millionaires, representing around 12% of the island’s population. It has become a dynamic metropolis, one of the world’s leading financial centres and home to the seventh largest stock exchange in the world. Stockopedia will be providing data on Hong Kong stocks very soon. Following on from previous weeks where we’ve covered Singapore and Japan, we’ve put together this guide to help investors navigate and get started in Hong Kong markets.Why invest in Hong Kong?Open Market EconomyHong Kong has long been a capitalist outpost in the Far East. Back in 1977 the The Economist wrote that ‘a businessman setting up shop in Hong Kong finds low taxes, no foolish government interferences…a government leaning over to encourage him to make as much money as he can.’ Hong Kong is now technically part of…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
