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Financial information is overwhelming, said financial journalist expert

出自香港新聞網 - 樹仁新傳系學生實習習作

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--105079 2012年9月26日 (三) 00:22 (UTC)

As Hong Kong is developing into an international financial centre, economic and financial information is overwhelming in the city. Financial journalist expert commented, “You can’t escape from it.”

Have been working in the financial news industry for 25 years, Tim Chan, executive chief editor of Hong Kong Economic Journal, thinks that people getting richer is the reason for the overflowing information. “People are more involved in investment activities, so they have to get more financial information.”

Regarding the active investment activities in Hong Kong, Chan explained that even non-investors have to acquire more financial news, too. For the sake of Mandatory Provident Fund Scheme, citizens have to look after their MPF investment plan in order to add value to their retirement protection. “MPF is indeed, part of your asset, basically everything in daily life involved financial news.”

“Financial information is everything.” Chan further commented that, daily activities like, inflation causing the rise of food price and the nearly zero interest in saving account, are all related to the economics activities. “Therefore, people acquire more financial information nowadays.” Chan said.

Other than that, Chan thinks that although printed media is now a sunset industry, he feels optimistic to the news industry. “Like the music industry, CD no longer popular but people still listen to music, right?” He said that this is just the change of the media.

Concluding his speech, Chan thinks that financial news will only grow stronger in the coming future, as people are more willing to involve in investment activities.

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