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

To: ---------- who wrote (1582)	5/12/1998 10:50:00 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 2951

Looks like the HSI is going down for a double dip. Will the lows of a few months ago hold? Has the Asian economic outlook worsened that much? I'm looking to buy somewhere in here as it looks like a lot of bad news is in the pricing of the SEA markets. What do you think? Jim

To: ---------- who wrote (1582)	5/12/1998 11:54:00 AM
From: Tom	Respond to of 2951

Thank you, Doug. Also see where HSBC is expanding, re-expanding, or re-positioning themselves in South America. If memory serves me, HSBC had liquidated some S.A. interests (e.g. Banco O'Higgins en Chile) several years ago. Appears they may have a pro-active approach to maintaining world market share. Which is only to say that HSBC's organisation evolves as economies do.