HSBC Loves HBK!Interesting watching HSBC today... (Hong Kong Shanghai Banking Corporation, who was buying...and for who?)
"One does not usually encounter a leading entrepreneur expressing such views on macro-economics.
But Wang is not alone.
Many economists have argued that China is in the middle of a great change that will lead to a very different way of development.
Even most stock traders would have to agree. They have, out of a sense of urgency, been rushing to invest in the market [HBK's future is ROCK SOLID...so why not in HBK's massively undervalued proven deposit?].
At the start of the year, almost 300,000 new trading accounts were being opened in a week. This has led to China’s total retail investors’ accounts to exceed 100 million."
Some of them know a good deal when they see it...
https://www.chinadaily.com.cn/bizchina/2007-06/25/content_901304.htm
Looks like that 'aggregates 'gold' rush' may already have begun... SOME of that 100 million would inevitably find HBK compared to its comparables very enticing...
Go HSBC!!! I think you may be able to pick up another 100k - 200k shares or so up to 1.00 tomorrow... ;O)
Palladn