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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off
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To: Lee Hsu who wrote (73)10/30/1997 10:04:00 PM
From: Jim Lou  Read Replies (1) of 257
 
The red chips are less influenced by HK's interest rates than HK stocks - i.e. financial sources are different. Actually, HK people might be pouring money into these red chips backed by central government, to seek some growth. Right now Hang Seng is down another 360 points. I guess people are getting used to crashes. It would be interesting to see what WS does tomorrow.
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