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Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

Dec 4 4:00 PM EST

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To: StanX Long who wrote (6042)	10/10/2002 3:22:00 AM
From: StanX Long	Read Replies (1) of 95526

Hang Seng falls after Wall Street losses Thursday October 10, 1:06 PM sg.news.yahoo.com HONG KONG (Reuters) - Hong Kong's key share index dropped almost two percent by midday on Thursday after U.S. stock markets were battered by bleak profit and credit outlooks for blue chips. The benchmark Hang Seng Index was down 1.66 percent at 8,827.88 after the morning session. It dipped to a four-year intraday low of 8,772.48 early in the session. Turnover stood at HK$2.48 billion (US$318 million). Key export stocks were among the hardest hit. The shares tumbled on investor fears that an economic recovery in Hong Kong's second biggest export market, the United States, may not emerge until 2003. Consumer goods trader Li & Fung was down 2.7 percent at HK$7.20, and micro-motor maker Johnson Electric was down 5.81 percent at HK$7.30.

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