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Strategies & Market Trends : HONG KONG
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To: Stitch who wrote (1363)2/19/1998 10:23:00 PM
From: Ramsey Su   of 2951
 
All you guys can talk about is food when the Peninsula just announced earnings and they are going dn in flames (see SCMP). May be I can finally get a table for high tea without having to wait half a day.

Seriously, is HK really prepared for possibly a recession and an unemployment rate over 3% for a change?

Now that the honeymoon is over, my informal survey seems to indicate that Dong is not all that popular and may not have the support of the masses. Could there be another run on the peg?

Ramsey
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