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


To: Prashant Patel who wrote (981)12/13/1997 5:14:00 PM
From: ----------  Read Replies (1) | Respond to of 2951
 
Hello Prashant:

Like many HK stocks, Stone is not traded as an ADR. The ordinary shares can be bought & sold "Under The Counter". That is my own
term for a stock that isn't Exchange or NASDAQ listed. The
symbol is SOEHF. AS I recall, DBC offers quotes but uses a symbol
^SETL-HK. In Hong Kong, it trades under the numeric symbol "409".

It would be imprudent of me not to remind you this is a second tier
HK listed company. Therefore, there are many different types of
risk one should be aware of before investing anything. I would strongly urge anyone to do their own research before investing in any company. My record speaks for itself.... I am wrong a lot.

A good starting point is:

hksfc.org.hk

This is the HK market regulatory authority. In the past, I have
e-mailed them and asked for a company address/e-mail contact. They
have always been most courteous in replying. I have also contacted
the American Chamber of Congress in HK. They too are helpfull in
providing addresses. I don't believe either agency does this as a regular service, so I try not to abuse their kindness.

Regards,

Doug