Chan Kung: Adapt to the Reaction of the Interactive Global Capital Market
ANBOUND
Last Friday, the slumping stock market in the Europe and the United States caused the Asian stock market to tumble. It is likely that the stock market in the United states will continue to plunge on Tuesday morning and Hong Kong will follow suit on the day after. Following which, China's stock market too, would fell again.
Anbound’s chief researcher, Chan Kung is of the view that this is an "interactive reaction" of the capital market.
In the age of globalization, such interactive reaction is the inevitable consequences of capital liberalization, market should adapt and get used to this.