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Strategies & Market Trends : HONG KONG
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To: ---------- who wrote (1512)4/3/1998 12:19:00 PM
From: RealMuLan  Read Replies (1) of 2951
 
Doug: Here is some interesting news. Just now CNBC said China has bought over $52 billion worth of US treasury just since Feb. Some analyst said the idea behind this is that in case some funds/individual attack HK currency again, China will dump those US treasury to punish the US stock market.

Best regards.
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