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 (1484)	3/26/1998 12:25:00 PM
From: Tom	Respond to of 2951

Ranting over availability of PSE-listed Ayala Corp. The 10:1 Ayala ADS is on deposit at J.P. Morgan / MGT. The problem is that I've noticed the Ayala 'B' shares, which the ADS represents, do not always trade on the PSE. Don't like what that means for liquidity. I believe the 'A' shares are for Philippine residents only. I'll try to find what the trading is like in a more optimistic market. Would like a long-term position in this stock, but.... P.S. I know an issue or two I mention are not always related to HK. But, rather than open another topic that may not be very active, I mention them here where some of us may be regional investors as well. Hope it doesn't clog things up too much.