Nov 072011

Some days ago, there has been some reports in local newspaper that perhaps George Soros is thinking about how to make money from Hong Kong. Specifically, from the property market. I believe Apple Daily first broke the story that Team Soros has been meeting real estate developers, agencies and other people in Hong Kong, gathering data and information, although it was not clear whether they are really thinking about betting on anything, and if they are indeed betting, whether that will be on the bullish side or bearish side.

Subsequently, local magazine went on to build up a dossier on George Soros (you can see the cover here) which contains absolutely no information on what Team Soros is thinking and/or thinking of doing. To be fair, no one knows exactly what Team Soros is thinking as all we know is only that the Team is meeting a lot of people, although one would speculate that he is on the bearish side as the vulnerability of the real estate market and the economy as a whole has been judged to be pretty obvious here.

Read the rest @ Sprach Analyst


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