CYRIL Y.K. CHEN
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Original: 7/3/2009 10:48 PM
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Friday, July 03, 2009

 

What I am thinking of is quite complex these days. The discussion with one colleague during Tuesday lunch suddenly inspired me of something. I got a hint to do something, though a little bit crazy, but I am determined to do so because I want to create a bright future.

As for stock market in Hong Kong, well, millions of words have been published that the stock market would crash to 16000, or even lower. Maybe it would happen one day, however, as for many listed companies, their stock prices have already been returned to the level when Hang Seng Index was around 16000, like 1043.HK, like 883.HK, and they are good companies and their stocks are worth of investing. That's why should I distinguish between the index and individual stock? Well, I admit there is a close correlation coefficient between single stock and the entire stock market, however, I still believe good company could beat the market.

And this kind of thought is very conservative, and many aggressive men are purchasing derivative to create forturn from the volatility. Actually, I don't like to do so, and so far, I am only fond of buying low and selling high equities. Maybe I am good at this area:)

 Posted 7/3/2009 10:48 PM - 2 Views - 0 eProps - 0 comments

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