Feng Shui Masters Say Bet on Casinos, Property in Year of the Rooster
- CLSA’s annual feng shui index touts retail shares mid-year
- Last Rooster year saw middling gains for Hong Kong equities
Where to Invest in the Year of the Rooster
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As the Year of the Rooster dawns, casino shares may be your best bet in Hong Kong - if you believe feng shui masters have more vision than analysts.
Gambling and transport stocks will kick off the new lunar year on a stellar note, according to CLSA Ltd., an offshore unit of Citic Securities Co. which issues a tongue-in-cheek report each year featuring market forecasts based on the ancient Chinese system governing flows of energy.