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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (5365)	8/2/1998 11:16:00 PM
From: kormac	Read Replies (1) \| Respond to of 9980

Anybody watching Hong Kong tonight... down 4.2 % at this time.. Message 5391087 Best Seppo

To: Stitch who wrote (5365)	8/3/1998 6:19:00 PM
From: Michael Sphar	Read Replies (1) \| Respond to of 9980

More gloom and doom out of Japan triggering fears of yuan devaluation: techstocks.com The yen's decline is also raising concern that China may be forced to devalue its currency, the yuan. Today, Chinese stocks plunged in Hong Kong on that speculation. A drop in the yuan would compound Asia's problems, and could spark currency devaluations throughout the region as other nations try to compete with Chinese and Japanese exports. ''You cannot rule out devaluation of the yuan,'' said Stamenkovic.