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Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF) -- Ignore unavailable to you. Want to Upgrade?


To: ms.smartest.person who wrote (4091)12/9/2000 1:30:54 AM
From: ms.smartest.person  Read Replies (1) | Respond to of 4541
 
CyberWorks shares, warrants surge
ERIC NG

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Pacific Century CyberWorks' shares jumped 8.33 per cent to HK$5.85 yesterday, with analysts attributing the surge to a 57.81 per cent rise in the price of its warrants, which closed at $1.01.
The warrants are attached to the company's earlier rights issue.

"I think [the share price rise] was mainly derivatives driven - some traders have been speculating," said Daiwa SB International Capital's Ambrose Chang Chung-kwong.

scmp.com