Hong Kong Stock Exchange, we have a problem - Part 4

Yes, we have another problem. This time the problem is to give Hong Kong citizens the right to directly invest in and purchase "A" shares in the Shanghai and Shenzen exchanges. I am not joking. The stock market in Hong Kong can no longer generate gains for true investors; it is just an aging casino for speculators to get some entertainments to kill time. Most participants in the HK Stock Casino are worn out aged institutional investors waiting for some golden chances to unload their shareholdings and the rest are poor speculators who have lost faith and are waiting for a market rebound to cut losses. This is not a place for good investors.

Our real hope is to go North and look to our motherland. There is no reason why as Chinese citizens, people in Hong Kong should not have the right to invest in the shares of the companies of our own country. This is inconsistent with the fundamental principle of "One Country two systems." Our Central Government in Beijing has opened the doors for liberalization of servicing sectors to Hong Kong citizens through CEPA since 2003 and there is really no reason why such policy should not be extended to the securities sector of our own country. We must bargain for the right to directly invest in "A" shares in Shanghai and Shenzhen.

This is particularly important when the stock markets in our Mainland have fallen by more than 50% since their peak. Why can't Chinese citizens in Hong Kong have the chance to buy low now? Why should we waste our Chinese money to pay investment funds that can invest directly in "A" shares? Yes, why should you waste your hard-earned money to pay the fund "A50" (2823?) in Hong Kong in order to invest in our own motherland? This is quite insulting if we truly adhere to the principle of "One Country two systems." Why are Chinese in Hong Kong deprived of the right to invest in their own motherland? Why should we pay funds like "A50" which is not a fund owned by Chinese people to invest in China?

No, we don't need the Hong Kong Stock Casino to help us to invest in China. We are Chinese citizens and we must have the right to go and buy shares in Shanghai and Shenzhen. If the Hong Kong Stock Casino is unhappy to see local investors moving North, then they have an attitude problem. We are one country now!