皇冠体育app

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皇冠体育app sovereign fund official confident in euro

(Agencies)
Updated: 2011-06-27 10:12
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皇冠体育app's purchase of euros will be a long-term strategy and will not swing on short-term problems, the Hong Kong head of 皇冠体育app's $300 billion sovereign wealth fund said on Sunday.

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"There is nothing to be worried about. The euro will not fall apart," Laurence Lau, chaiman of the Hong Kong office of 皇冠体育app Investment Corp, told reporters on the sidelines of a forum in Beijing.

Lau made general comments on 皇冠体育app instead of his organisation's investment strategies.

He added that the Greek debt crisis will eventually be brought under control and be solved.

In Hungary, Chinese Premier Wen Jiabao said on Saturday he was "still confident" that Europe can overcome the debt crisis and that 皇冠体育app would remain a long-term investor in Europe's debt market.