Hong Kong investor sentiment stabilises

The J.P. Morgan Investor Confidence Index in Hong Kong, which is designed to measure the outlook of retail investors in the local market over the next six months, shows that sentiment appears to have stabilised after the series of actions taken to tackle the global financial crisis. The index rose to 98 in the latest survey in December from 95 in September, when it fell below its neutral level of 100 for the first time since July 2006. The December index shows that overall investor co…