The Hong Kong market is looking attractive due to its defensive characteristics and its low exposure...
The Hong Kong market is looking attractive due to its defensive characteristics and its low exposure to technology, media and telecom stocks. Over the 12 months to 30 November the Hang Seng stock index was up 3.86%, in sterling terms, compared to the Taiwan index returns of -26.84% and returns by the South Korean index of -45.32%. Over the same time period the FTSE All Share fell by 1.51%. Jeremy Whitley, investment manager at Edinburgh Fund Managers says: "We are quite overweight Hong Kong and have been for around two to three years because it is one of the most liquid markets in the reg...
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