Quote:
Originally Posted by will068
Back then it was the Cantonese folks from HK. Now, it's mainlanders from China.
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I'm sure we've covered this topic before -- while there are similarities between the Cantonese HK folks from the 90's and the Mainland China folks that we get now, there are also significant differences as well. The 2 things that stand out the most are:
1) the relatively manageable number of Cantonese HK immigrants vs the overwhelming number of Mainland Chinese immigrants
2) the upper middle class wealth from the Cantonese HK immigrants vs the opulent super rich Mainland Chinese immigrants
Try as they might, the HK folks from the 90's could only shift and influence the markets a bit. The current Mainland Chinese folks, on the other hand, are completely re-defining the market landscape.