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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off
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To: Julius Wong who wrote (194)4/7/1999 4:46:00 PM
From: Bo Le  Read Replies (1) of 257
 
China premier Zhu yesterday in LA predicted that GDP of China this year will grow 8.5% based on first two month data. This is very different than what investment community think. Most analysts even suspect if China can grow its GDP 6% this year, which is 1% less than the official target 7%. When investor confidence on China returns, red-chips (issues like BYH, JCC, SHI) will fly again. I think we have turned corner. Next 3 month should be very interesting. Just my two cents.

BL
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