SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Playmates Toys Holdings, Ltd.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wooden ships who wrote (89)8/19/1997 12:32:00 PM
From: wooden ships   of 116
 
19 Aug: Down HK$.17; HK$1.50 (US$.1935); 1.8 mm The HK
stock market declined 3.85% overnight presumably in response to
NY market declines of late, as well as turmoil amongst various
Asian stock and currency markets. The HK dollar is pegged to
the US dollar at about HK$7.75 to US$1.00. The markets have
launched attacks against the HK dollar, thus far to no avail.
The financial and economic position of Hong Kong certainly is
stronger than that of Malaysia, Indonesia, the Phillipines,
Thailand, etc. where attacks by currency speculators and hedge
funds have succeeded in driving down respective currencies.
However, there is little question that the HK market is jittery.
As I write this, I am pondering Baron Rothschild's counsel to
buy when cannons sound within earshot and blood flows in the
streets.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News