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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (823)	3/29/2001 11:53:43 PM
From: ms.smartest.person	Read Replies (1) of 2248

HK PRESS: Li Ka-shing Buys HK$87 Mln In Cheung Kong Notes 09:34, 2001-03-30 HONG KONG (Dow Jones)--Li Ka-shing, who controls property conglomerate Cheung Kong Holdings Ltd. (H.CKH), has purchased over HK$87 million worth of equity-linked notes in the company, priced at HK$72 to HK$73 each, the Hong Kong Economic Times reports Friday. According to the paper, Li agreed to buy an equivalent amount of shares from his company if the share price falls below the HK$72 to HK$73 range. The purchase is an indication Li is prepared to step into the market to keep the price above that range, said the paper. Newspaper Web Site: hket.com -By Marco Wan, Dow Jones Newswires; 852-2802-7002; marco.wan@dowjones.com Copyright c 1999-2000 Dow Jones Inc. All rights reserved. quamnet.com

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