Value investors see opportunity in HK
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Singapore
SOME value investors in Singapore continue to spurn their home country's stock exchange in pursuit of greener pastures in Hong Kong.
The interest comes at a time when Hong Kong's small-capitalisation stocks continue to fall. The MSCI Hong Kong Small Cap Index is down 12 per cent in the year to Dec 22, a worse fall than the benchmark Hang Seng Index, which is down one per cent.
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