Understanding investment culture: ideologies of financialization and Hong Kong young people’s lay theories of investment

References

• Aitken, R. 2007. Performing Capital. New York: Palgrave Macmillan.
   Google Scholar
• Braun, B. 2016. “Speaking to the People? Money, Trust, and Central Bank Legitimacy in the Age of Quantitative Easing.” Review of International Political Economy 23 (6): 1064–1092.
   Web of Science ®Google Scholar
• Brym, R. 2016. “After Postmaterialism: An Essay on China, Russia and the United States.” Canadian Journal of Sociology 41 (2): 195–211.
   Web of Science ®Google Scholar
• Burton, E. T., and S. N. Shah. 2013. Behavioral Finance. Hoboken: Wiley.
   Google Scholar
• Carruthers, P., and P. K. Smith. 1996. Theories of Theories of Mind. New York: Cambridge University Press.
   Google Scholar
• Clark, G., N. Thrift, and A. Tickell. 2004. “Performing Finance: The Industry, the Media and its Image.” Review of International Political Economy 11 (2): 289–310.
   Web of Science ®Google Scholar
• Cook, N., S. J. Smith, and B. A. Searle. 2009. “Mortgage Markets and Cultures of Consumption.” Consumption, Markets and Culture 12 (2): 133–154.
   Google Scholar
• Crouch, C. 2009. “Privatised Keynesianism: An Unacknowledged Policy Regime.” British Journal of Politics and International Relations 11: 382–399.
   Web of Science ®Google Scholar
• Deutschmann, C. 2011. “Limits to Financialization.” European Journal of Sociology 52 (3): 347–389.
   Web of Science ®Google Scholar
• Edwards, A. 2017. “‘Financial Consumerism’: Citizenship, Consumerism and Capital Ownership in the 1980s.” Contemporary British History 31 (2): 210–229.
   Web of Science ®Google Scholar
• Erturk, I., J. Froud, S. Johal, A. Leaver, and K. Williams. 2007. “The Democratization of Finance?” Promises, Outcomes and Conditions. Review of International Political Economy 14 (4): 553–575. doi:10.1080/09692290701475312.
   Web of Science ®Google Scholar
• Foster, J. B. 2007. “The Financialization of Capitalism.” Monthly Review 58 (11): 1–12.
   Web of Science ®Google Scholar
• Fung, K. K., and R. Forrest. 2011. “Securitization, the Global Financial Crisis and Residential Capitalisms in an East Asian Context.” Housing Studies 26 (7-8): 1231–1249.
   Web of Science ®Google Scholar
• Furnham, A. F. 1988. Lay Theories. Oxford: Pergamon Press.
   Google Scholar
• Gonzalez, F. 2015. “Where are the Consumers? ‘Real Households’ and the Financialization of Consumption.” Cultural Studies 29 (5-6): 781–806.
   Web of Science ®Google Scholar
• Greenfield, C., and P. Williams. 2007. “Financialization, Finance Rationality and the Role of Media in Australia.” Media, Culture & Society 29 (3): 415–435.
   Web of Science ®Google Scholar
• Haiven, M. 2014. Cultures of Financialization. New York: Palgrave McMillan.
   Google Scholar
• Harmes, A. 2001. “Mass Investment Culture.” New Left Review 9: 103–124.
   Google Scholar
• Harvey, D. 2005. A Brief History of Neoliberalism. New York: Oxford University Press.
   Google Scholar
• Hellevik, O. 2003. “Economy, Values and Happiness in Norway.” Journal of Happiness Studies 4 (3): 243–283.
   Google Scholar
• Herbst, S. 1999. Reading Public Opinion. Chicago: University of Chicago Press.
   Google Scholar
• Hirsto, H. 2011. “Everyday Discourses of Stock Market Investing: Searching for Investor Power and Responsibility.” Consumption, Markets & Culture 14 (1): 57–77.
   Web of Science ®Google Scholar
• Hirsto, H., S. Katila, and J. Moisander. 2014. “(Re)Constructing Economic Citizenship in a Welfare State – Intersections of Gender and Class.” Equality, Diversity and Inclusion: An International Journal 33 (2): 122–139. doi:10.1108/EDI-04-2012-0036.
   Google Scholar
• HKCSD (Hong Kong Census and Statistics Department). 2017. Consumer Price Index and Its Movements during 2007 to 2016. https://www.statistics.gov.hk/pub/B71704FA2017XXXXB0100.pdf.
   Google Scholar
• HKCSD (Hong Kong Census and Statistics Department). 2018. The Financial Services Sector in Hong Kong. https://www.statistics.gov.hk/pub/B71804FB2018XXXXB0100.pdf.
   Google Scholar
• HKEx (Hong Kong Exchanges and Clearing Limited). 2014. HKEx Retail Investor Survey 2014 – Key Findings. https://www.hkex.com.hk/-/media/HKEX-Market/News/Research-Reports/HKEX-Surveys/Retail-Investor-Survey-2014-Key-Findings/RIS2014_KeyFindings.pdf.
   Google Scholar
• HKEx (Hong Kong Exchanges and Clearing Limited). 2018. Market Statistics 2017. https://www.hkex.com.hk/-/media/HKEX-Market/News/News-Release/2018/180109news/180109news.pdf?la=en.
   Google Scholar
• HKIEC (Hong Kong Investor Education Centre). 2017. Retail Investor Study Research Report. https://www.thechinfamily.hk/web/common/pdf/about_iec/IEC-Retail-Investor-Study-report.pdf.
   Google Scholar
• HKMA (Hong Kong Monetary Authority). 2016. "International Financial Centre.” In HKMA Annual Report 2016. http://www.hkma.gov.hk/media/eng/publication-and-research/annual-report/2016/13_International_Financial_Centre.pdf.
   Google Scholar
• Inglehart, R. 1977. The Silent Revolution. Princeton: Princeton University Press.
   Google Scholar
• Inglehart, R., and C. Welzel. 2005. Modernization, Cultural Change, and Democracy. Cambridge: Cambridge University Press.
   Google Scholar
• Jao, Y. 1997. Hong Kong as an International Financial Centre: Evolution, Prospects and Policies. Hong Kong: City University of Hong Kong Press.
   Google Scholar
• Kahneman, D. 2011. Thinking Fast and Slow. New York: Penguin.
   Google Scholar
• Kahneman, D., and A. Tversky. 1984. “Choices, Values, and Frames.” American Psychologist 39 (4): 341–350.
   Web of Science ®Google Scholar
• Karacimen, E. 2016. “Consumer Credit as an Aspect of Everyday Life of Workers in Developing Countries: Evidence From Turkey.” Review of Radical Political Economics 48 (2): 252–268.
   Web of Science ®Google Scholar
• Krippner, G. 2005. “The Financialization of the American Economy.” Socio-Economic Review 3: 173–208.
   Google Scholar
• Lai, K. P. Y. 2013. “The Lehman Minibonds Crisis and Financialisation of Investor Subjects in Singapore: The Lehman Minibonds Crisis.” Area 45 (3): 273–282.
   Web of Science ®Google Scholar
• Langley, P. 2006. “Securitising Suburbia: The Transformation of Anglo-American Mortgage Finance.” Competition & Change 10 (3): 283–299.
   Google Scholar
• Langley, P. 2007. “Uncertain Subjects of Anglo-American Financialization.” Cultural Critique 65 (1): 67–91.
   Google Scholar
• Langley, P. 2008. The Everyday Life of Global Finance. Oxford: Oxford University Press.
   Google Scholar
• Langley, P., and A. Leaver. 2012. “Remaking Retirement Investors: Behavioral Economics and Defined-Contribution Occupational Pensions.” Journal of Cultural Economy 5 (4): 473–488.
   Web of Science ®Google Scholar
• Lee, F. L. F. 2018. “The Role of Perceived Social Reality in the Adoption of Postmaterial Value: The Case of Hong Kong.” Social Science Journal 55 (2): 139–148.
   Web of Science ®Google Scholar
• Lehtonen, T. K. 2017. “Domesticating Insurance, Financializing Family Lives: The Case of Private Health Insurance for Children in Finland.” Cultural Studies 31 (5): 685–711.
   Web of Science ®Google Scholar
• Lusardi, A., and O. S. Mitchell. 2011. “Financial Literacy Around the World: an Overview.” Journal of Pension Economics & Finance 10 (4): 497–508.
   PubMed Web of Science ®Google Scholar
• Marron, D. 2014. “‘Informed, Educated and More Confident’: Financial Capability and the Problematization of Personal Finance Consumption.” Consumption Markets & Culture 17 (5): 491–511.
   Web of Science ®Google Scholar
• Martin, R. 2002. Financialization of Daily Life. Philadelphia: Temple University Press.
   Google Scholar
• Moisander, J., A. Valtonen, and H. Hirsto. 2009. “Personal Interviews in Cultural Consumer Research – Post-Structuralist Challenges.” Consumption Markets & Culture 12 (4): 329–348.
   Google Scholar
• Monaghan, L. F., and M. O’flynn. 2012. “More Than Anarchy in the UK: ‘Social Unrest’ and its Resurgence in the Madoffized Society.” Sociological Research Online 17 (1): 1–6.
   Web of Science ®Google Scholar
• Munro, M., and S. J. Smith. 2008. “Calculated Affection? Charting the Complex Economy of Home Purchase.” Housing Studies 23 (2): 349–367.
   Web of Science ®Google Scholar
• Nofsinger, J. R. 2014. The Psychology of Investing. 5th ed. Boston: Pearson.
   Google Scholar
• O’Malley, P. 2000. “Uncertain Subjects: Risks, Liberalism and Contract.” Economy and Society 29 (4): 460–484.
   Web of Science ®Google Scholar
• Smith, C. S. 2018. “The Precarious and the Transitional: Labor Casualization and Youth in Post-Bubble Japan.” Children’s Geographies 16 (1): 80–91.
   Web of Science ®Google Scholar
• Standing, G. 2011. The Precariat. London: Bloomsbury.
   Google Scholar
• Thompson, J. B. 1991. Ideology and Modern Culture. Stanford: Stanford University Press.
   Google Scholar
• Toff, B., and R. K. Nielsen. 2018. “‘I Just Google it’: Folk Theories of Distributed Discovery.” Journal of Communication 68: 636–657.
   Web of Science ®Google Scholar
• van der Zwan, N. 2014. “Making Sense of Financialization.” Socio-Economic Review 12 (1): 99–129.
   Web of Science ®Google Scholar
• Wainwright, T., and E. Kibler. 2014. “Beyond Financialization: Older Entrepreneurship and Retirement Planning.” Journal of Economic Geography 14 (4): 849–864.
   Web of Science ®Google Scholar
• Wang, J. 2017. “‘Stir-Frying’ Internet Finance: Financialization and the Institutional Role of Financial News in China.” International Journal of Communication 11: 581–602.
   Web of Science ®Google Scholar
• Yau, T. K. 2017. “Housing Question and Social Discontent After 1997: History and Continuity of Home Ownership.” In Hong Kong 20 Years After the Handover: Emerging Social and Institutional Fractures After 1997, edited by B. C. Fong and T. L. Lui, 177–201. New York: Springer.
   Google Scholar