Gold Price Monitor 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 : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (21930)	10/19/1998 11:44:00 AM
From: Edmund Lee	Read Replies (1) of 116764

Banks and properties in Hong Kong. Resale properties in Hong Kong had fallen 60% since last year. Most property owners have negative asset now. 10,000 property owner were not able to pay their mortgage. It is estimated that 100,000 properties is now in negative asset. Smaller banks is under pressure and considering merger with larger banks. The same case with Japanese banks. Many US banks have exposures in mortgage loans in Hong Kong.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next