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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: ---------- who wrote (915)	11/21/1997 12:34:00 PM
From: Richard Tsang	Read Replies (2) \| Respond to of 2951

Doug, thanks for the link. I used to hold a closed end fund named Asia Tigers which has over 30% invested in HK blue chips. Unfortunately, it was knoked down due to recent downturn in Asian stock markets. I took the loss (as a tax loss that I needed to reduce my tax this year) a couple of week ago. This is traded in the NYSE. The published data indicated that current market price has an 18% discount from net asset value (NAV). Do you think it is good time to get in again as a longer term investment? This is the latest announcement: biz.yahoo.com Appreciate your comments. Sincerely, Richard