My mother hates snakes. She refuses to open a National Geographic magazine because one time she turned its pages, was unexpectedly confronted by a large picture of a coiled serpent and nearly had a heart attack.
Shes not alone in her fear, which is why a lot of people in this part of the world the Chinese world are starting to worry. Although the New Year is always a wonderful celebration, this year we augur in the Year of the Snake. And no matter how cutely artisans draw them, those cherub reptiles gracing the lobbies of office and apartment buildings are still slippery, sibilant, scary snakes.
Credit Lyonnais Securities Asia CLSA is here...