Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Hong Kong bus fares rise

by Tony Sagami on May 21, 2008

in Asian Market, Stock Market in China

It is going to cost more to ride a bus in Hong Kong. Beginning on June 8, bus
fares will rise
by 2% to 7.2% in Hong Kong.

Even though I am pointing out this price increase, keep in mind that $130 oil has a fraction of the impact on
Asia as it does to
Americans.

We’re talking about a country where its residents ride buses, subways, and bicycles and where car ownership is a luxury
that few can afford.

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