Friday, February 28, 2014

Marc Faber on Hong Kong Port Growth Potential

Marc Faber : I'm not bullish about Hong Kong port traffic. It is unlikely to grow. That is why the stock [Hutchison Port Holdings Trust] yields 7%. But the board is made up of smart people. The group, which is controlled by Li Ka-shing, the richest man in Asia, is keen on infrastructure investments around the world. They run their ports efficiently.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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