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To: John Hunt who wrote (14580)	3/4/1998 5:53:00 AM
From: John Hunt	of 18056

Regent Pacific says 50pc chance of peg breaking scmp.com << Listed fund manager Regent Pacific has taken a US$15 million short position against the Hong Kong dollar, saying there is a 50 per cent chance the peg will break. Regent Pacific chairman Jim Mellon said the fund manager had taken the position - which represents about 10 per cent of the firm's current net assets - in the past month. Mr Mellon said he believed a number of foreign hedge funds had taken sizeable positions against the local currency. >> Round 2? John

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