The day after Hong Kong Chief Executive Tung Chee Hwa delivered his long-awaited annual policy address, which was meant to re-start the territory’s stalled economy that has been in a slump for over 50 months, the stock exchange reacted by shedding more than 57 points.
If Tung was looking for a vote of confidence, he was obviously not going to get it – from neither the stock market nor his usual critics.
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