It's time for the Year of the Rabbit -- a zodiac sign representing luck, nimbleness and mischievousness. When the little herbivorous mammal emerges from his burrow on February 3 and greets us with “kung hei fat choi” while chewing on a carrot, an auspicious yet tricky new lunar year starts.
Under the magic spell of the active bunny, the stock markets in China and Hong Kong will embrace 20% plus solid growth, supported by promising earnings, but the two economies will continue to be distracted by excessive liquidity fuelling the asset bubble and inflation, Credit Suisse said yesterday in its annual report on how to spend your lai see.
Therefore, investors need...
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