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Hong Kong Not Worried About Hyperinflation, Finance Chief Says


Nov. 11 (Bloomberg) -- Hong Kong is not worried that the latest capital inflows into the city will trigger hyperinflation, Financial Secretary John Tsang said in Singapore before attending an APEC Meeting, according to a government transcript released yesterday.

Recent money inflows were sparked by interest in initial share sales in the city, Tsang said, according to the transcript.

To contact the reporter on this story: Theresa Tang at ttang3@bloomberg.net

To contact the editor responsible for this story: Stanley James at sjames8@bloomberg.net

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