Fresh money is flowing into the Hong Kong stock market to bet on further yuan rises and the money may flow into the domestic markets via various channels too.

The breakthrough of the key resistance of the one-year moving average delivers a positive signal to the market and could mean further gains in coming days.

To China, and to the specific market of Hong Kong, we have more to learn.

India is a very sexy market right now and I don't see why Hong Kong should not be much more ambitious to expand the market to serve other Asian companies as well.

We may need a Hong Kong II,

Take Tokyo: their prices are three times Shanghai. Look at Hong Kong: their prices in the market are twice Shanghai's prices. So there is still tremendous growth potential in this market as it moves to what it will ultimately become, which is the New York of Asia.