Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom who wrote (1478)	3/25/1998 2:23:00 PM
From: Tom	Respond to of 2951

amateurs NEW YORK, March 25 (Reuters) - A new speculative bubble appears to be brewing in the U.S. real estate market as rapidly rising property prices and higher rents have sent the jitters to both federal regulators and private financial analysts.

To: Tom who wrote (1478)	3/25/1998 4:04:00 PM
From: William Shen	Read Replies (2) \| Respond to of 2951

I thought the web site should give you a pretty good view about SIHL. SIHL is generally being regarded by Hong Kong stock analysts as one of the two best managed red chip (the other being China Resources). If you are bullish about the economic growth prospects of Shanghai (by definition, if you are bullish on China, you have got to be bullish about Shanghai), then SIHL is the only official window company representing Shanghai (i.e. the only investment opportunity to take advantage of that growth) The fact SIHL has not yet made any significant acquisitions since its IPO and several rounds of debt issue implies that it is sitting on a huge pile of cash, plus the fact that the infrastructural project in Shanghai provides a steady flow of cash to the corporation positions it well after the regional financial turmoil. A strong balance sheet with a lot of cash reserve, and being backed by the Shanghai municipal government, not to mention that most of the members in the politburo all have Shanghai roots. What else can you ask of a red chip?