Rumors of fish weighing up to 6 pounds more than the current world record (22.3 pounds) have drifted with the no-trade winds across the Straits of Florida.
No one wants to buy that, and Yingling says, if banks have to record the current value of these securities on their balance sheets, they end up taking huge loses.
All that will weigh heavily on the bourse, and, current bargains aside, no one expects the blue-chip Hang Seng Index to recover its August record closing high of 16, 673 any time soon.