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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Mad2 who wrote (4202)	11/16/1999 7:19:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 19428

China Prosperity Shares Suspended From Hong Kong Trading Hong Kong, Oct. 13 (Bloomberg) -- China Prosperity Holdings Ltd., which has risen 5,712 percent since April 14, was suspended from trading in Hong Kong pending an announcement on three agreements signed by its unit Win's Prosperity Group for a planned multimedia broadband project. China Prosperity, a construction company that also owns a power plant and real estate in China, is spending HK$780 million ($100 million) to set up Century Vision Network in China, Taiwan and Hong Kong with Win's Prosperity Group Ltd., in which it has agreed to buy a one-third stake. China Prosperity didn't give any details of the agreements Win's had signed. In an earlier announcement, China Prosperity said its potential partner in a mainland China Internet joint venture called off talks because of disagreements rising out of a letter of intent signed last month. China Prosperity said the end of talks with a Ministry of Information Industry-owned company on the project was only a temporary setback and may resume. ``The company has been informed by Win's that it is now in discussions with certain parties regarding the possibility of entering into new letters of intent or agreements to set out co- operation terms regarding the CVN project,' China Prosperity said in a statement. The stock fell 11 percent to HK$4.475 yesterday. It's up 5,712 percent since April 14. --Joshua Fellman in the Hong Kong newsroom (852) 2977-6600/iw/sc Story Illustration: to graph China Prosperity's share price against the Hong Kong All Ordinaries Index, type 979 HK