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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (6383)	7/29/2001 3:48:58 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi DJ, Hong Kong investors' collective secret is now exposed ... on Barrons interactive.wsj.com QUOTE Value, Asia Style Hong Kong fund, with an eye on the mainland, far outpaces the Hang Seng By Leslie P. Norton Does value investing work? The question became almost academic in recent years in Hong Kong, when markets routinely expanded to bursting point and getting out before the inevitable rupture was standard operating procedure for most investors. After the tech bubble of '99 exploded, those value mavens still standing were looking smart. Then a new bubble arose this year, this time in Chinese "B" shares -- issues denominated in foreign currency that were open only to foreigners. The race was on again, but people started fretting as B shares came off sharply in recent weeks. ... UNQUOTE