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Strategies & Market Trends : Asia Forum
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To: Liatris Spicata who wrote (8870)7/20/1999 2:02:00 PM
From: stocksforme  Read Replies (1) of 9980
 
Fund manager Mark Mobius interested in HK's Cheung Kong Holdings

Mark Mobius which is the president of Templeton Emerging Markets a $175 million close end fund. Likes Hong Kong's Cheung Kong Holdings. "They've been growing at 20% for over 10 years," he says in a article by Worldlyinvestor.com ( worldlyinvestor.com )
But with the growing tension between China and Taiwan how will this affect HK's economy, now that it is part of China.

China is getting their military act together with more training exercises. With the increased tension between China and Taiwan the possibility that this might become more then a war of words is dangerously high. And if the US tries to play peace keeper again between China and Taiwan I don' think that they will be able to accomplish anything. China will move in with force if necessary like they did to crush the Student protests. And I think that it will have a adverse affect on HK's economy which means Mark Mobius might want to re-think Cheung Kong Holdings. What does everyone else think?
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