Hong Kong’s economy could be in for a nasty surprise

Hong Kong “knows a thing or two” about boom and bust, says Harry Wilson in The Sunday Telegraph. Spectacular bubbles have been followed by huge crashes throughout its history, with low US interest rates often to blame.

The Hong Kong dollar is pegged to the US currency, so the former UK territory tends to import lax US monetary policy – and the sector everyone rushes into is property. But this time the source of the problem is closer to home.

Hong Kong “is in the path of a typhoon developing on the mainland”, according to Sharmila Whelan of Asianomics.

On [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Paying by mobile

Why your phone will replace your wallet

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.