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Financial Analyst said that the Ibond is not good for whole HK people

出自香港新聞網 - 樹仁新傳系學生實習習作

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On 1(x) February (year) , the Financial Secretary Tsang chun wah (has?) delivered (his the) 2012-2013 Budget. HK$10 billion iBonds ,which (is) called the inflation-linked retail bond in other word,however,cannot gain the support of Chiu Sin Chun ,the financial analyst of Now TV (confusing sentence, missing verb). He criticized the government because iBond does not help the (whole society-check usage of expression) of Hong Kong.


Hong Kong residents are able to apply for the Ibonds.The bond is made to help the middle-class to cope with inflation by providing a stable interest.Nevertheless, Chiu thought that it is not a good way to help (with?) the poor grass root level. As the entry fee for the Ibond is $10,000 , the poor people cannot afford the money (as 10k is not a small number-not necessary-evident).


Therefore Chiu thought that Ibond is not having a good purpose to help the whole society.He questioned (that what?) is the purpose of the Ibond.In addition,the interest given by the government is paid by Hong Kong people.It has no benefit to the economy of Hong Kong.He thought that the money should be used for further investment or building infrastructure.

The lack of proof reading is the downfall for this article. Revise errors, also the title, whole HK people is incorrect-rephrase. Otherwise, your explanation of the bond and its impact is well elaborated.


correction


On 1 FEB 2012 , the Financial Secretary Tsang chun wah has delivered his 2012-2013 Budget.The new policy inflation-linked retail bond cannot gain the support of Chiu Sin Chun , the financial analyst of Now TV . He criticized the government because iBond does not help the whole society-check usage of expression of Hong Kong.


Hong Kong residents are able to apply for the Ibonds.The bond is made to help the middle-class to cope with inflation by providing a stable interest.Nevertheless, Chiu thought that it is not a good way to help with the poor grass root level. As the entry fee for the Ibond is $10,000 , the poor people cannot afford the money,as 10k is not a small number-not necessary-evident.


Therefore Chiu thought that Ibond is not having a good purpose to help the whole society.He questioned that the purpose of the Ibond.In addition,the interest given by the government is paid by Hong Kong people.It has no benefit to the economy of Hong Kong.He thought that the money should be used for further investment or building infrastructure.

The lack of proof reading is the downfall for this article. Revise errors, also the title, whole HK people is incorrect-rephrase. Otherwise, your explanation of the bond and its impact is well elaborated.

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