JPMorgan index shows improved, cautious investor sentiment in HK

07/14/2009 | AsianInvestor.net

The JPMorgan Investor Confidence Index in Hong Kong rose from a low of 95 in the first three months of the year to 119 in the next three months. "The last quarter has seen a long-awaited recovery in investor confidence," said Marco Tang, head of intermediary business at JPMorgan Asset Management. However, investors remain cautious. "As Hong Kong continues to fight against the current recession, pressure on the labour market will persist," Tang said.

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