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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off -- Ignore unavailable to you. Want to Upgrade?


To: cl who wrote (83)11/16/1997 8:43:00 PM
From: Jim Lou  Read Replies (1) | Respond to of 257
 
cl, the Hang Seng Index has dropped about 50%. When I said it has bottomed, I was partly based on professional comments that 10,000 was a psych floor (it's below that now), and partly based on my gut feeling. Your China fund covers more than just the red chip stocks, so, it reflects a more general econ situation of Asia (not just China). I am hopeful that the Asia markets will soon recover, given the 230 bil World Bk packet, among other factors.