Asia Forum 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.

Strategies & Market Trends : Asia Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tom who wrote (1314)	1/21/1998 8:11:00 AM
From: allen menglin chen	Read Replies (1) of 9980

Tom, <<They sell them in NY at a premium and then buy back the local stock in Jakarta for US$ settlement. >> I would like to more details how they move stocks from local market to NY. I thought if, in NY, you have a short-selling account and in long-buying account in Indonesia--assuming that in NY these stocks always sell/buy with premium, then how can you cover your short-sellings in NY? Thanks in advance. I have read similar premium selling in NY for some China ADRs, and I don't know how they pratice that either. Allen

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next