May 18, 2024
Investors

Wilting fortunes: Wong Kar-wai’s Blossoms Shanghai drama series offers stock investors painful reality check on past glory

“It is all tears and sorrow now, when people like me look back at the stock market,” said Lu Shunxi, a stock punter since trading first began in Shanghai in November 1990. “The birth of China’s stock market gave an opportunity to novice investors who were drawn to a casino-like market to gamble and prosper.”

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Funds

Singapore hedge fund says Hong Kong stocks are ‘once-in-a-lifetime’ chance for big upside after wildest two years since 2008

Hong Kong’s stock market ended the year on a miserable note, with some US$520 billion of value obliterated. To Singapore-based hedge fund manager Chua Soon Hock, this provides a “once-in-a-lifetime” opportunity to pick up the pieces. The market kicked off the year with a bang, with investors lapping up so-called “China reopening” stocks, soon after

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