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

To: Tony van Werkhooven who wrote (119)2/28/1998 5:32:00 PM
From: Julius Wong  Read Replies (2) | Respond to of 257
 
Tony:

Recently I mentioned Chinese ADR's at a local stock group's meeting.
I was told by several people to stay away from the ADR's because the Chinese currency lost 80% of its face value and the Chinese stock market collapsed. I said China is not Indonesia. I was told all Asia countries are the same. <G>

I think in March the Chinese ADR's will move up more than the Hang Seng. Hang Seng may reach 15000 in 98 or 99.

Cheers,
Julius


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