Simon WorldEast meets WesternerSmashing- August 28, 2007 "Records smashed" reports The Standard, a newspaper who not co-incidentally largely relies on the level of the Hang Seng for its own financial health. The Hang Seng has managed to go from 19000 back up to 23000 in the space of a week, largely thanks to news that China is to allow the hordes of mainlanders (previously despised, now welcomed with open arms) and their wallets to spend as freely on Hong Kong shares as they do on their own. The only problem is a small one...the Tianjin...http://simonworld.mu.nu/archives/238543.php Good times- August 21, 2007 Certain parts of the Hong Kong economy are expecting a boost this week, courtesy of the US military:Wan Chai rolled out the red carpet yesterday as bar owners eyed a bonanza of up to HK$78 million from the 5,000 visiting sailors aboard the USS Nimitz. The nuclear-powered supercarrier, one of the largest warships in the world, steamed into Hong Kong yesterday, and ship officers said crew members were expected to each spend between US$800 and US$2,000 (HK$6,240 to HK$15,600) during their four-day.http://simonworld.mu.nu/archives/237761.php |