In the beginning of the Lehman saga, HK did mention buyback at 60 cent of a Dollar. Looks like it materialize where their regulators fought hard for the investors. Singapore investors. We can only eyes big big and envy how lucky HK investors are.....
Looking from the positive side. HK Financial institutions are very unlikely to do a losing business. It is possible that they are confident the redemption of the Notes may get aback at least 60% thus coming out with this offer. With US economy recovering, the notes may hold higher value now.
Sign.... I hope sgp govt do the right thing. Shame on MAS. Still can talk about being fair and no political pressure. Can't they see that SFC and HKMA are admitting fault in permitting this toxic product to retail investors?
Wake up MAS.
Anyway, good luck on next election. Sad day for Sgp.
In the beginning of the Lehman saga, HK did mention buyback at 60 cent of a Dollar. Looks like it materialize where their regulators fought hard for the investors. Singapore investors. We can only eyes big big and envy how lucky HK investors are.....
ReplyDeletethe local media have reported the new development in their on line editions. hope the report will not be taken off the printed edition for tomorrow.
ReplyDeletewe need a less biased media in singapore.
Mr. tan, are you going to hold the rally on august 22?
ReplyDeleteHong Kong is making Singapore High Notes and Minibond investors salivate....Are our regulators smarter than their regulators? What do you think?
ReplyDeleteLooking from the positive side. HK Financial institutions are very unlikely to do a losing business. It is possible that they are confident the redemption of the Notes may get aback at least 60% thus coming out with this offer. With US economy recovering, the notes may hold higher value now.
ReplyDeleteAffected investors in HK are 101% better than us in S'pore.
ReplyDeleteSome people still said that this saga has been settled fairly.
HK people are so lucky.
ReplyDeleteWhy we are so unlucky.
Pay Ministers $$millions and they deliver peanut.
ReplyDeleteThis is how ministers keep the $$$ to themselves, you get the peanuts
ReplyDeleteSign.... I hope sgp govt do the right thing. Shame on MAS. Still can talk about being fair and no political pressure. Can't they see that SFC and HKMA are admitting fault in permitting this toxic product to retail investors?
ReplyDeleteWake up MAS.
Anyway, good luck on next election. Sad day for Sgp.
The key is the willingness to help. The willingness to get things done.
ReplyDeleteSee what HK can achieve even without the so call "talent".
Even an ordinary people can do much better than a well paid "talent" if he is willing to do something concrete, but not just talk only.