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Strategies & Market Trends : Asia Forum

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To: Frodo Baxter who wrote (4789)	6/24/1998 7:37:00 AM
From: don pagach	Read Replies (1) of 9980

Lawrence, OT: Seppo and Lawrence, Well said about Worswick's post. What about Hong Kong? From what I read things are pretty dismal what might HK do? remain pegged or slip off? I know that many Chinese comps are "cross-listed" on the HK exchange (I am not quite sure what the exact trading mechanism is, I don't think they are depository receipts") and they must raise alot of capital through HK so is it necessary that HK also maintain the line or not? I still believe that HK will devalue and China will say it has no further choice. Does any one know where current and historical HK interest rate data can be obtained?

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