Released on: March 4, 2008, 9:24 am

Press Release Author: Newz123

Industry: Financial

Press Release Summary: AkemanAllan analysts have released a report following the
record highs of last October on the Hong Kong stock exchange.

Press Release Body: Sources say that the report by AkemanAllan revealed that the
Hang Seng Index briefly soared to record high of 34,000 points during intra-day
trade late last October.

AkemanAllan analysts apparently believe that a number of factors contributed to Hong
Kong listed shares soaring to such record highs.

According to sources close to AkemanAllan, the European based financial firm, their
research showed that one of these factors could be that global markets had
stabilized from the sub-prime problems as a result of central banks pumping
liquidity into the banking sector, while China's high economic growth was another
major contributing factor to the rise of the Hang Seng.

A spokesperson for AkemanAllan reportedly stated that the upward trend of the Hang
Seng could also be largely due to China allowing private entrepreneurs to list their
companies overseas.

It is expected that the full report by AkemanAllan will be released shortly.

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