The program of United States to rescue the market will be significantly changed to the direct injection of financial institutions
The financial aid program of 700 billion U.S dollars will appear a majar change which will be unlike the original rescue plan as envisaged to acquire mortgage-related securities damaged.
The direction of financial aid program which will focus on the consumers
Ministry of Finance will officially give up the initial purchase of the problem assets of financial institutions. Paulson said that although the government will continue to invest in these enterprises, but now the focus is to rescue the troubled consumers.
The financial aid program of U.S. appeared variable, so the short-term differentiation trend of Hong Kong stock is hard to change
November 13, the financial aid program of U.S. appeared variable, added uncertainty which resulted in a further blow on the weakness U.S. stocks and Hong Kong stocks were dragged down.
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