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To: Dom B. who wrote (37927)10/28/1997 3:10:00 AM
From: Gary Ng  Respond to of 186894
 
Dom B, Re: Are we seeing the first step of this agenda (Shanghai
take over HK's role)

No. Just the opposite, the SAR government (backed by
PRC) wants to keep everything the same as it is before.
Which translated to the 7.8 peg at ALL COST.

Many of the 'Chinese fund' get trapped here.

Although I believe Shanghai would take over in 10 - 15
years time.

Gary