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Senior financial commentator criticized iBond is not useful

出自香港新聞網 - 樹仁新傳系學生實習習作

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[FEB. 7- HONG KONG] The government uses (not more?unecessary) than 10 billion to issue the second batch of iBond, an inflation-linked debt paper, in the 2012-13 Budget launched last week. However, (provide name in introduction) a senior financial commentator criticized iBond (x) can not help the people who are really in need.


Chiu Sin-chun, the senior financial commentator of Now TV, was invited (for?) to the general assembly of Journalism and Communication Department at Hong Kong Shue Yan University this afternoon. He was disappointed (on) the 2012-13 Budget, especially the second batch of iBond.


“IBond could be an option for coping with inflation, but it will be more effective only if the government increases investment,” Chiu thinks the government would rather save collected funds in treasury than (x) investment, “actually, iBond is not (that much useful-check grammar),” he added.


IBond may also carry out unfairness. To invest (x) iBond, you need at least 10 thousand dollars. For those poor people who (had-vt) no money to buy iBond, the government did nothing to (help them (x) anti-inflation-missing word).


The iBond (lunched?) in 2012 by the Hong Kong government is three-year maturity. The yield will be equivalent to the average inflation rate over the previous six months. Only Hong Kong residents are eligible to subscribe. (good closing format)

Check title for grammar errors (criticize...is). The article provides good information about the iBond, however more information on Chiu's opinion and the budget is needed.
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