Financial Services Industry
Industry: Email Alert RSS FeedLow result for Asian markets.
Investment Adviser, June, 2007
Performance
Investors who put money into the Hong Kong stock market when the colony reverted to mainland Chinese control 10 years ago should have reaped returns of only 33 per cent, Fidelity has revealed.
Figures from Datastream have also shown that despite a boom in returns in the past four years, someone who invested in the mainland's markets on 1 July 1997 would have lost 25 per cent, based on the performance of the MSCI China index.
Since the start of the Asian crisis, which sent financial shockwaves throughout the region in 1997, five of the nine main markets in the Asia Pacific region - South Korea, Singapore, Hong Kong, Thailand and Malaysia - have seen positive performance over the decade. Indonesia, China Taiwan and the Philippines...
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