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Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF)

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To: CJ who wrote (634)3/10/2000 11:28:00 PM
From: ms.smartest.person  Read Replies (1) of 4541
 
Carol - From the N.M. - CyberWorks Buys 5 Percent Sohu.com Stake, Apple Daily Reports

Bloomberg News

Mar 9 2000 7:47PM ET

Hong Kong, March 10 (Bloomberg) -- Pacific Century CyberWorks Ltd., Asia's third-biggest Internet investment company, bought a 5 percent stake in Sohu.com Inc., which describes itself as one of China's top Internet portal sites, the Apple Daily News reported, citing unidentified people. CyberWorks has also recently invested in eight other Internet companies, the paper said.

CyberWorks, fresh from its agreement to buy Hong Kong's dominant phone company, is now considering an alliance with closely held Taiwan Cellular Corp., the Taiwan company said yesterday. (Apple Daily News, 3/10/2000, Business p.4)

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