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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (62)1/14/2001 2:23:01 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
MARKET TALK-HK: Strong Rebound In Ppties Buoys HSI

1604 [Dow Jones] Despite weakness in big banks and Pacific Century CyberWorks (0008) hitting new record intraday low for second consecutive day, HSI up 1.4% at 15294 on strong rebound in property sector; apart from 'small' 2.6% gain in industry leader SHK Properties (0016), peers troubled by placement rumors doing much better; New World Development (0017) up 9.8% at $11.80, Henderson Land (0012) up 3.5% at $41.50. Sino Land (0083), whose stock price plunged recently after placement, up 7.5% at $4.30. With supply glut weighing on property market, some analysts not confident developers' performance can be maintained.(IVW)

asia.biz.yahoo.com
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