China Telecom Ltd (CHL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Telecom Ltd (CHL)

CHL 27.51

0.0%

Sep 27 4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Julius Wong who wrote (101)	9/3/1998 10:33:00 AM
From: Paul Shread	Read Replies (1) of 149

Mr. Soros has lost a couple billion himself, I believe. My problem is that they've taken one of the world's freeest markets, a model for emerging economies, and exercised control over it. What does this mean for the future of economic reform in China, and what does it mean for long-term growth of CHL? I don't know, but the moves have given me pause about owning CHL, and that's quite an accomplishment. I'm not about to sell, but I am now wary where I wasn't before. I doubt I'm the only investor feeling this way. China had very ambitious economic plans, and I think they were good ones; I hope this does not mean that they may pull in their horns further. They could easily survive this mess by just stimulating their domestic economy and continuing to pursue bank reform.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next