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To: Giraffe who wrote (43047)10/15/1999 11:19:00 AM
From: lorne  Read Replies (1) | Respond to of 116768
 
HONG KONG'S GOLD/SILVER EXCH CONSIDERS TRADING LOCO-LONDON GOLD
Hong Kong--Oct 15--The Chinese Gold and Silver Exchange Society, the
physical gold market in Hong Kong, is considering adding the trading of US
dollar-denominated Loco-London gold to its existing Hong Kong dollar-denominated
t
ael-gold trading, the exchange's president Raymond Chan told Bridge News today.
He said the exchange's members held a meeting Wednesday to discuss the
possibility and they will come to a decision on the matter by the end of 1999.
(Story .12569)

HONG KONG FIRM TO LAUNCH 24-HR INTERNET GOLD TRADING IN JAN-MAR
Hong Kong--Oct 15--Hong Kong-listed precious metals producing and trading
firm Tem Fat Hing Fung (Holdings) Ltd. plans to launch in the Jan-Mar 2000
quarter an Internet website that investors can use to trade gold around the
clock, the company's chairman Raymond Chan told Bridge News today. Besides US
dollar-denominated Loco-London gold, the planned website would allow global
investors to trade Hong Kong dollar-denominated tael-gold and Chinese
yuan-denominated gram-gold, Chan said. (Story .10418)
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