peter236

But the term seems so favorably received by those stupid mainlanders.
imvitasoy 發表於 2012-8-30 12:44

hahaha, at least you now understand that you made this up.
"cepa 叫派糖"

Mainlanders don't care what term used by HK's own stupid media.

peter236

Your lie like this is a typical one that's joking with your own ignorance again.
Check it fo ...
imvitasoy 發表於 2012-8-30 12:52

At least, now you understand, the term "cepa 派糖" is only used by HK's own media, unlike what you claimed.

Also, China's economy is way larger than Hk's economy.
Large Chinese companies do not make much money in HK.
For large Chinese companies,  their HK segment is very small, unlike what you claimed.

peter236

I didn't  make up anything,  that was how every time when those chinese leaders came that the medi ...
imvitasoy 發表於 2012-8-30 12:57

It is the Hk media that invented the term "派糖", unlike what you claimed.

peter236

大量國企來港借殼吸水又是事實
satil 發表於 2012-8-30 14:00

Your point does not make any sense at all. Perhaps you don't even know how a stock exchange works.

Chinese companies are merely listed on HK's stock exchange. They are not taking money from HK, like you claimed. Many of them are multiple listed in Shanghai and New York. They have alternative stock exchanges for listing.

The investment money is mostly money from international investors, not HK money.
HK stock exchange is just a platform for international investors to invest in Chinese stocks listed on the stock exchange.

For example, foreign companies like HSBC, Standard chartered bank and Prada are listed in HK stock exchange through which international investors invest in those stocks.

Since HK's economy is very small comparatively and  Hk population is small, local HK money is very small potatoes, compared with big international investors.

Note that the biggest shareholders of large Chinese companies are usually the Chinese government itself or other big Chinese mutual funds, Chinese conglomerates or the Chinese sovereign wealth funds.

Chinese companies are actively trade in HK, so HK actually benefitted tremendously from the stock transaction fees and the stamp duty.

Without Chinese companies listing, HK stock exchange will become very small in size, and most likely will not be able to compete with big rivals like the Singapore stock exchange.

peter236

唔講六七八十年代，回歸後1997 到2007 十年，幾多國企經香港cap 水，單是在下糢糊+保守記憶，一個BOC 已經是二百億，未計更大的工行。單是五大內銀已經過千億。佢老味班貪官來買一世prada 都賺唔返佢哋千億呀。

imvitasoy 發表於 2012-8-30 16:40

Note that, the money is mostly from international investors. Local HK money is small in size.
Remember, HK stock exchange is international.

The investment money is mostly money from international investors, not HK money.
HK stock exchange is just a platform for international investors to invest in Chinese stocks listed on the stock exchange.
Chinese companies listed on HK's stock exchange are not taking money from HK, like you claimed.

International investors, foreign banks and institutional investors like Goldman Sachs, Morgan Stanley and foreign mutual funds etc, buy Chinese stocks through the HK stock exchange.

I don't blame you for not realizing that though.

HK government benefits from the stock transaction fees and the stamp duty. The accountants, lawyers and related financial analysts benefit from Chinese stock listing.

peter236

You took a long time to come up with something huh ?  

Note that,  the values that I quoted was ...
imvitasoy 發表於 2012-8-31 02:07

International investors are free to participate in all IPOs in Hong Kong as HK stock exchange is international.

HK benefits from Chinese companies listings. That's what make Hk stock exchange big, active and international.
Local HK companies IPOs are relatively small.

International investors, foreign banks and investors like Goldman Sachs, Morgan Stanley and foreign mutual funds, buy Chinese stocks through the HK stock exchange.

HK government benefits from Chinese stock transaction fees and the stamp duty. Jobs are created for accountants, lawyers and the financial industry.

peter236

Admit the fact Peter,  your nation companies scooped the largest slice of the pie.  
HK benef ...
imvitasoy 發表於 2012-8-31 02:16

Admit what fact? What do you mean by  "scooped the largest slice of the pie"?

That's the purpose of a stock exchange, a place where international investors buy stocks. No one is forcing any person to buy.

I told you already that the money is mostly from international investors, not local HK investors, like you claimed.

Hong Kong is an international financial center and benefits as the middleman, just like London and New York.

peter236

隻蛋已經講到無嘢好講  
不如數埋香港各式手作廠仔，竟然在華南養活千萬大陸人  ...
imvitasoy 發表於 2012-8-31 02:22

I guess you are running out of points, after I exposed your logical flaws.

Clearly you don't even know how a stock exchange functions.

peter236

no, it is Chinese companies benefit from HK system.
留係所謂「超越香港」既上海上市丫～～1/4資金都集 ...
MoiRhapsody 發表於 2012-8-31 02:19

hahaha, moi you were baited out by imvitasoy.

Where do you get that idea? Many large Chinese companies are also listed in New York.

peter236

試下用隻大飯殼，成件24吋pizza 撈走，你咪知道咯
imvitasoy 發表於 2012-8-31 02:25

hahaha, I expect more from you.