These comments make him like an idiot: of course it is gonna have impact on HK stock market, actually on both domestic market and exchange rate market. He should have studied all possible issues long before he decided to give a go-ahead to Tianjin. You conducted a policy study BEFORE you made a very important policy change. Simple, period.
It is also weird that he timed this announcement just before PetroChina IPO and announced it during the weekend. No investors will want to put in a place where the policy makers flip-flop like a kid. NYC, London and HK become global capital centers not without a reason.
He is really a kid when it comes to financial matters. Step down and we welcome Zhu Rongji back. Next time, when the financial crisis hits china, I do not want to see a crying-baby-like PM on the global arena to represent Chinese.
