Animal instincts to reproduce the crisis unpredictable

Hong Kong stocks, the property market is hot, the market raised from time to time 97 years, 08 financial turmoil worries. The Secretary for Financial Services and the Treasury, Mr Chan Ka-keung, said that the financial market in Hong Kong had “little” aggressive and risk-taking behavior, but it was not possible to estimate when the financial crisis occurred.

“After the financial crisis in 2008, investors have been frightened (risk), and now the animal spirit has come back,” said Chen Jiaqiang, who said that after the US President Trump was elected, the adventures of the peripheral markets came again. More risk tracking in US stocks, he added, Hong Kong also risk-taking (risk-taking) activities, but no crystal ball to predict the financial turmoil is coming.

Property prices and afforders out of critical supply

The property market, the view of the property market, whether the bubble is not meaningful, but the property is indeed out of line with the public burden, “now the situation is not too good, so high property prices, buildings and no floor people are big differences.”

“The policy objective should clearly state that the supply will increase and the Government will look at this issue,” he said, adding that the Government should pay attention to the problem. So that the public is expected to afford the property price.