PCW - Pacific Century CyberWorks Limited Message Board

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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (323)	2/14/2001 12:18:02 PM
From: ms.smartest.person	of 2248

Pacific Century Insurance Surges 12% on Renewed Purchase Hopes By Yeong Choy Leng Hong Kong, Feb. 14 (Bloomberg) -- Pacific Century Insurance Holdings Ltd. surged to a two-month high on renewed speculation its parent Pacific Century Regional Developments Ltd. will sell its 44.8 percent stake. The stock rose 12 percent to HK$3.30, its highest since Dec. 7. ``The company is still looking for buyers at the moment and no decision has been made,'' said Kan Shin Yu, the spokeswoman for Pacific Century Insurance. The stock surged 44 percent in the week of Nov. 20-24 last year on the same speculation. The company then issued a statement saying discussions regarding the sale were preliminary. quote.bloomberg.com

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