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Strategies & Market Trends : HONG KONG
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To: fred douglas liebling who wrote (829)11/8/1997 12:52:00 PM
From: Tom  Read Replies (1) of 2951
 
Thank you Fred. I read a newsletter that came out yesterday saying in no uncertain terms that SEAsia markets will lead the world in share performance in 1998. Not that, as you know, we should begin hanging our hats on newsletters. Had a nice ring to it though. The stated support was logical.

I'm going to have China Resources. I've been keen on it since the first calendar quarter. A very major player. Big, big endeavor w/ Cheung Kong and New World up in Jiangsu province, just across the Yellow Sea from S. Korea and Japan, near Shanghai.

Also read where the PRC is making defined moves to increase not only the demand of domestic consumers, which will take some more doing, but that of a variety of foreign consumers. The U.S. aside. It's reported to be a major objective for those involved.

The KLSE you say? Haven't been there in a while. I'll do it Sunday night.

All for now.
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