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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Liatris Spicata who wrote (8870)	7/20/1999 2:02:00 PM
From: stocksforme	Read Replies (1) \| Respond to of 9980

Fund manager Mark Mobius interested in HK's Cheung Kong Holdings Mark Mobius which is the president of Templeton Emerging Markets a $175 million close end fund. Likes Hong Kong's Cheung Kong Holdings. "They've been growing at 20% for over 10 years," he says in a article by Worldlyinvestor.com ( worldlyinvestor.com ) But with the growing tension between China and Taiwan how will this affect HK's economy, now that it is part of China. China is getting their military act together with more training exercises. With the increased tension between China and Taiwan the possibility that this might become more then a war of words is dangerously high. And if the US tries to play peace keeper again between China and Taiwan I don' think that they will be able to accomplish anything. China will move in with force if necessary like they did to crush the Student protests. And I think that it will have a adverse affect on HK's economy which means Mark Mobius might want to re-think Cheung Kong Holdings. What does everyone else think?

To: Liatris Spicata who wrote (8870)	7/20/1999 7:42:00 PM
From: Dayuhan	Read Replies (2) \| Respond to of 9980

The relevance of a month's passing is simply that I've forgotten the details of the posts to which I was responding, and the process of dredging up the whole line of thought becomes that much more complicated and time consuming. Which of course increases the temptation to move on to other things. When detailing your recommended policies - and I don't think anybody here is about to lynch anybody for speaking their mind - don't forget to include the critical bits: what you hope that these policies will achieve, and why you think these policies will achieve that goal. Meanwhile, the harsh rhetoric emerging from the US has encouraged the President of Taiwan to engage in some harsh rhetoric of his own, which has provoked further harsh rhetoric from Beijing, which in turn has provoked more harsh rhetoric from Washington DC. Fairly soon we shall be rattling sabres, and while I don't expect it to go farther than that, the whole incident has not improved the regional climate, and will certainly not make life any easier for dissidents in China. Harsh rhetoric, even in pursuit of laudable goals, is a dangerous instrument; it often ends up provoking a response opposite to the one intended.