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Old 06-23-2009, 08:38 AM   #110
Dryer sheet wannabe
 
Join Date: Mar 2009
Posts: 20
James, the same question has been in my mind and I've been asking a few colleagues. Australians said they have been saving australian dollars which give good savings rate and they need the currency anyways. The chinese are buying property in Hong Kong. The Hong Kong locals are buying property and stocks. The stock market and property market here are performing not in line with global movements - is really wierd and not for the faint-hearted. I was thinking of index funds or index stocks but it is still overpriced in Hong Kong unless I look at international ones. I may pick up some dividend paying blue chips (bought some recently) and maybe another annuity. Otherwise shopping around for better rates offered for new funds in different banks. I's not much but better than nothing or even worse - spending it!
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