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HK: QE3 to raise risk
Source: Xinhua |
September 15, 2012, Saturday
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Print Edition
Print Edition
THE global economy will not improve after the move by the US Federal Reserve to stimulate the American economy, a senior Hong Kong official said yesterday.
KC Chan, secretary for Financial Services & the Treasury of Hong Kong Special Administrative Region government, cautioned that the third round of quantitative easing will increase stock market risks, and the uncertainties surrounding it will bring different risks to different markets. He said the government will closely monitor the impact.
KC Chan, secretary for Financial Services & the Treasury of Hong Kong Special Administrative Region government, cautioned that the third round of quantitative easing will increase stock market risks, and the uncertainties surrounding it will bring different risks to different markets. He said the government will closely monitor the impact.
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