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  • I’ve never really had the stomach to play day trading in Hong Kong’s lottery of a stockmarket. Buy and hold a few good eggs for the long term, Warren Buffett-like, is more my style — of course, making sure the dividends are enough to cover the upkeep on the Rolls-Royce Silver Cloud.
  • Everyone tries to tighten their belts a little at the start of the calendar year. It’s entirely healthy to want to shed some of the excesses of the festive season, but people don’t always get it right.
  • So Asia launched its first international bonds of the year last night, with two of the market’s best-known government credits, at the higher and lower ends of the credit scale: KDB and Indonesia.
  • Anyone who doubts the importance of Asia in the world’s financial markets need only look where Merrill Lynch, Morgan Stanley and UBS went in December when they needed a capital boost.
  • The end of another year brings with it the customary scrutiny of the annual league tables, but I wonder whether it will be the same in 12 months’ time.
  • SO ANOTHER venerable Hong Kong institution is decamping across the harbour.