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Technology Stocks : Softbank Group Corp

SFTBY 56.10

+1.5%

Dec 22 3:59 PM EST

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To: TobagoJack who wrote (2694)	12/13/1999 1:18:00 AM
From: Hans U. Tschanz	Read Replies (1) of 6020

OT Jay: CCT to list on Nasdaq. Do you thins this could boost other HK Telecom stocks ? Sunday December 12, 8:37 pm Eastern Time CCT hires adviser on Nasdaq listing HONG KONG, Dec 13 (Reuters) - CCT Telecom Holdings Ltd said on Monday it has hired an investment bank to advise on its proposed Nasdaq listing of HKNet Co Ltd. The company made the announcement in a published statement following press reports on the proposed spinoff, pushing its shares to a 26-month high. CCT Telecom said it had not yet formally applied for a Nasdaq listing. HKNet is 51 percent owned by CCT and 49 percent by Japan's Nippon Telegraph and Telephone Corp . (Hong Kong Newsroom +852 2843-6358, Fax +852 2845-0636 hongkong.newsroom@reuters.com))

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