Strictly: Drilling and oil-field services Message Board

STOCKTALK

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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Dog who wrote (3534)	11/23/1997 12:55:00 AM
From: scname	Read Replies (1) of 95453

A very large part of China's growth the last decade was fueled by money from Hong Kong, and the SE Asian Chinese community. Some money also came from S Korea and Japan. You know what's going to happen to that money now. There are hundreds of new skyscrpers in Shanghai thats 70 % empty right now, mostly foreign money built, you will hear about them in a few month. Most of the 1998 budget were planned before this crisis and already priced in. Cliffs got rig contract renewed at same rate? No rate increase? I thought they were going to auction it off at Southbey's or somewhere. Should have sounded an alarm bell if you paid attention.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next