Hong Kong: HK Government Intervention In Stock Market

David Webb criticized Hong Kong Government's intervention in stock market and tried to explain the story behind the move. On 7-Sep-07, the Hong Kong Government announced that it had purchased through the Hong Kong Monetary Authority (HKMA), over an unspecified period, 5.88% of Hong Kong Exchanges and Clearing Ltd (HKEx, 0388). Today, the government continued to push up the stock price of HKEx. Simon world also wrote a note on our “free” economy.

Start the conversation

Authors, please log in »


  • All comments are reviewed by a moderator. Do not submit your comment more than once or it may be identified as spam.
  • Please treat others with respect. Comments containing hate speech, obscenity, and personal attacks will not be approved.