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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: pennywise who started this subject	2/19/2001 2:51:20 AM
From: ms.smartest.person	Read Replies (1) of 2248

Hong Kong Newspaper Highlights Feb 19, 2001 HONG KONG, Feb 19 Asia Pulse - Highlights of today's newspapers: THE SOUTH CHINA MORNING POST - Inchcape's Hong Kong operations are "a legacy of a bygone colonial era" which should be sold to create shareholder value, according to its largest shareholder Guinness Peat. - ING Group will make Hong Kong its Asian headquarters and springboard for the regional expansion of its insurance business. - H share Tsingtao Brewery will slow the pace of its expansion-through-acquisition strategy this year, regardless whether it reaches its 10 per cent domestic market share target. - Hong Kong-based Far East Pulp & Paper has partnered with a Canadian industrial contractor to build a pulp mill using bamboo as an alternative raw material, according to chairman Sam Leung. - Can Asian bank customers be believed, or do they say what they think they ought to in order to maintain a notion of Asian values? - The lock-up period for the sale of half of Cable & Wireless' [C&W] stake in Pacific Century CyberWorks expired at the weekend but no buyer has yet emerged. - Medicines and dried seafoods retail distributor Hong Kong Pharmaceutical Holdings, formerly NPH International Holdings, will acquire other companies in a bid to transform into a full-range pharmaceutical company, according to company executives. - Floppy disk and CD-Rom maker Hanny Holdings will sell a 14.9 per cent stake in subsidiary Memtek International for US$36 million. - Internet trading could help revitalise the local leveraged foreign exchange market, which has shrunk substantially since tough laws were introduced in 1994. - Corporate and government restructuring is changing the way Asia does business and boosting the region's laggard e-consulting and information technology [IT] outsourcing sectors. - Toy-maker Playmates Interactive Entertainment expects sales to be steady this year despite a perceived slowdown in the United States economy, according to chairman Thomas Chan Chun-hoo. THE HONG KONG STANDARD - The fees issue may end soon but terminal operators and shippers remain at war. - The fees issue may end soon but terminal operators and shippers remain at war, writes Keith Wallis in this last part of a two part article - Eforce Holdings (HKSE:0943) expects its intelligent building services to generate HK$100 million for the group this year. - Media magnate Steve Forbes is looking at expanding his empire, writes Jonathan Tam - The city of Quingdao is famous for Tsingtao Beer but it is also home to a less well-known but much larger company - the Haier Group. - A raft of bidders have expressed interest in buying four toll roads controlled by failed Greater Beijing First Expressways [GBFE] which collapsed last year with debts totalling US$400 million (HK$3.12 billion). ASIA PULSE o asia.dailynews.yahoo.com

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