| Journal Call no. | HF5001.H64 |
|---|---|
| Author | Chalkley, Alan. |
| Article Title | Stock market : incomes shrink as investors shy away from equity / Alan Chalkley. |
| Is Part Of | Hong Kong business ; v.7, no.79, Jan 1989, p.54-55, illus. |
| Abstract | Fundamentally, the economy has had an unexpectedly good year in 1988, but quoted equity has failed to reflect it. As on Wall Street, earnings yields on Hong Kong equity are below yields on money instruments, and interest rates show no signs of falling yet. |