Hong Kong stock market was started in 1891. It is one of the most established stock markets in the world, classified by the International Finance Corporation (IFC) as a developed market.
In Hong Kong, there is a strong presence of the world's major financial institutions: 167 foreign banks including 85 of world's top 100 banks, 323 overseas securities and commodity trading companies, 122 overseas insurers, and 1,182 unit trusts and mutual funds.
Hong Kong has the second largest stock market in Asia and the 7th largest in the world. As at September 1995, Hong Kong market capitalization was over $403 billion. ``The territory continues to feature as a capital raising centre for China, with 17 H-share companies having been listed on the Stock Exchange of Hong Kong with market capitalization of $3.5 billion,'' the spokesman said.
In addition, multilateral agencies launched a total of 11 Hong Kong dollar bond issues in Hong Kong in the first three quarters of 1995, involving $455 million.
Hong Kong is a free economy with well established laws for finance and commerce. Non-residents can efficiently trade stocks in Hong Kong.
Hong Kong's stock market is directly linked to the bullish China economy which has been growing at a rate of 8-13% during the last decade. There is an increasing number of major Chinese corporations offering stocks in Hong Kong (the H Share Companies).
Hong Kong dollar is internationally exchangeable at a very constant rate against US dollar (US$1=HK$7.73).
So let us do the Trading and enjoy the profits!
Program Plans
-0.8% daily
-20% monthly
For more information, visit
HKIG.net
