Hong Kong Market

HK - The slump gels well with the drop in China's indices too, as benchmark money-market rate jumped the most since July as the People’s Bank of China refrained from adding funds to markets. The nation’s consumer prices rose the most since February last month and analysts note recently that the authority may tighten policy this year if inflation quickens. Some analysts note that Monetary policies will be slightly tight for the rest of the year as the pressure from rising housing prices and inflation is building up. The valuations of small- caps are too high and it looks like the bubble has started to burst.