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Technology Stocks : Softbank Investment International (HK0648)

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To: mact who wrote (59)2/13/2000 11:01:00 PM
From: ms.smartest.person   of 615
 
mact, I hope this is correct. When you buy a Hong Kong stock, listed OTC, the price is set at the end of the trading day. The orders are sent to HK and the price is set then. If this is not correct, then someone posted this information and my source was incorrect. It sounded reasonable to me. However, last Friday a.m. I bought China Online (383)[COBVF] and I was given a price of $.03 or $.04 (don't remember). The COBVF closed in HK at 7 cents Friday. When paper work comes in will check and see if it really was the lower price. If we had to wait till end of day, we could be paying double (or worse) and that does not sound correct.

If someone knows something different, please let me know. I will have to wait several days for the paperwork to get to me.
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