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Strategies & Market Trends : HONG KONG

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To: Richard Tsang who wrote (1033)12/31/1997 11:36:00 AM
From: Michael Bakunin  Read Replies (1) of 2951
 
Jardine delisted itself, I thought. An old hong, they decided, some years back, that listing in Bermuda and Singapore would provide a little distance from 1997, over which people were pretty concerned for a while.

They're an old-fashioned conglomerate, with many holdings, and through their many subsidiaries end up being the biggest landlord in HK, as well as the largest single employer.

I like the company and the stock, these days. The company's has been around for a while. They're trying to trim less profitable businesses, and though their results have been underwhelming for a little while, they still do fine. The stock is cheap, as mentioned, albeit with the caveats that apply to any company so heavily involved with Asia these days.

Check out their web site @ jardine-matheson.com
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