Asia report: Markets mixed as Japan returns from extended break hl.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hl.co.uk Daily Mail and Mail on Sunday newspapers.
Investors should look past all the bad news and grab the bargain of a lifetime, says Asia Genesis Asset Management. ‘Risk reward is the best I have seen in 40 years of investing and trading,’ founder Chua Soon Hock says.
A 3.9 per cent rebound this week offers some consolation to investors in another poor year for Hong Kong stocks. China’s property and local government troubles could impede stock gains next year.
Shenzhen-based robot maker UBTech raised HK$1 billion (US$130 million) from the final stock offering of the year in Hong Kong. Its founder and CEO Zhou Jian will become a billionaire based on its market valuation.
Asia report: Most markets rise, Japan retail sales improve hl.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hl.co.uk Daily Mail and Mail on Sunday newspapers.