The Sevens Effect

Trading on the Hong Kong Stock Exchange seems to be low during HK Sevens week. FinanceAsia investigates.

In any given year, there are certain times when you can almost guarantee that activity will be quiet on the Hong Kong stock exchange. Things tend to be slow in the run-up to Christmas and the just after New Year, while the days just prior to and after Chinese New Year are also traditionally slow for trading.

Now it seems you can add the time around the Hong Kong Sevens to the list. It appears that some, though by no means all, investors and traders are inclined to ease off during Sevens week.

The most likely explanation for the lull is that many of them attend the CSFB Asian Investment Conference, held just before the...

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