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Strategies & Market Trends : HONG KONG
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To: Auj who wrote (860)11/13/1997 10:57:00 PM
From: ----------  Read Replies (1) of 2951
 
AuJ:

Many of those stocks trade in London/New York & HK. Some Hong Kong
stocks are among the elite few in the world that trade almost 24 hours a day.

You may see a rise tonight in HK, yet the stock my open slightly lower
in the U.S. because it is down a bit in London. (Confusing, huh?)
I KNOW there has got to be a gigantic arbitrage possibility given the
same stock trading in 3 markets. However, I am equally confident
it would take a gigantic amount of money to do it.

Doug
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