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

To: gumnam who wrote (37284)	8/18/2003 5:53:19 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello gumnam, <<What is going on in the B share market>> I do not know. It could be because folks are anticipating the freeing of mainland investors to invest in HK market where the mainland shares are selling at 9-12 PE, abandoning the more expensive and less liquid B-share market and cooling on the red hot and much more liquid (30-50 PE) A-shares market. The initiative to free mainland investors to buy HK market is part of effort to reduce USD reserve by central bank, allowing individuals to ship capital offshore. Chugs, Jay