Help the public invest

People should have access to more investment channels so they can save and increase their money, says an article in the Oriental Morning Post. The following is an excerpt:

According to the results of a recent central bank survey, more people are interested in buying stocks and mutual funds than in depositing their money in bank savings accounts. Respondents also said they favored funds more than stocks - 25.4 percent of those surveyed said they considered mutual funds to be one of a household's most important financial assets. The figure set a record.

Some observers wonder how the movement of funds from bank savings accounts to the capital market will affect financial institutions. Some also wonder whether the widespread decline of savings at banks and the swarming of individual investors into the stock market will lead to serious stock bubbles. Stock indexes are already at very high levels. Some have even blamed the so-called "blue chip bubbles" on the "mutual funds frenzy".