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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off
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To: allen menglin chen who wrote (248)1/4/2000 4:40:00 PM
From: Bo Le  Read Replies (1) of 257
 
But CHL is not cheap at this level, though. I would think JCC has the most potential for a quick gain from its current depressed level.

I think the run up on these ADRs is due to the fact that Chinese Gov. now predicts that China GDP will grow 8% - 9% this year. All these major Chinese companies should benefit.

There is no reason for Chinese stock markets keep depressed while HK, Japan, and SK markets are all booming.

Bo
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