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Strategies & Market Trends : HONG KONG
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To: Tom who wrote (828)11/8/1997 9:15:00 AM
From: fred douglas liebling  Read Replies (5) of 2951
 
The one positive note with the red chips Tom, and I've been staying up a few nights to watch on real-time, is that the red chips I own and certain others that I am watching like China Resources have been relatively strong of late. I read somewhere that the Chinese government is allowing them to buy assets at deflated prices and I strongly suspect this is only the tip of the ice berg. Time will tell. By the way, the KLSE stock exchange is an excellent source of information for all Asian markets if you need updates. Tom, we are all bloodied up in terms of $$$ theses days, it just goes with the territory. good luck, fred
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