http://forum.timway.com/f/thread-147422-1-1.html

By now HSBC may have dropped to almost the lowest possible price
so you may hold it for long to eat interest

Since some fund manager that hold the stock has pressing HSBC for change of business strategy, I don't know whether this include stopping it's high-interest policy or not, If such happens,  you should jump the ship without delay

But at present there still has no such sign

[ 本帖最後由 ces 於 2008-1-22 18:10 編輯 ]

tang sing hing in Cable TV the other day quoted that only in Asia's business HSBC could worth $95
if this is true then it is quite unlikely that its price would go under 100

I have been shouting throughout the year of the pig for not buying HSBC
but now I think its low enough to buy it at $105
for long term low risk (and of course low return) investment

as a substitute for red book savings
if get at 105, I think for long term (3 years or above)
it may be better than RMB savings