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Non-Tech : HSBC (NYSE:HBC) a new era begins
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To: Nancy W who wrote (1)7/15/1999 6:27:00 PM
From: RockyBalboa  Read Replies (1) of 11
 
I do not understand that.

I have worked in different banking corporations in my homecountry. I always was allowed, sometimes encouraged with small bonuses (in turn, the shares got locked up between 1 and 4 years) to buy the bancs shares, most recently when one went public.

There are only trading restrictions near general meetings and when the stock gets on a watch list or "restricted list".

It can't be the foreign status as well, the ADRs get "blue skied" for trading all over the U.S. Maybe they trade on a when issued basis, but I haven't heard of that.

is.
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