A Correction!

A correction in HK, that is. The Mainland market continued on the upswing gaining 1.49% to yet another new high of 5,107 having just broken through 5,000 for the first time yesterday.

Mainland investors feel insulated against the problems of the sub prime debacle in the US.

Market Indices

• Hong Kong Hang Seng: 22,921.89 -0.20%
• Japan Nikkei: 16,248.97 -0.41%
• Shanghai Composite: 5,107.66 +1.49%
• Singapore STI*: 3,362.94 -0.24%
• South Korea Composite: 1,791.33 -0.47%
• Taiwan Weighted: 8,690.09 -0.49%

*Intraday trading