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To: DreamWeaver who wrote (6917)8/17/1998 12:12:00 AM
From: Ken Brown  Read Replies (1) | Respond to of 42834
 
Yes, but here is why:

That's why it was up on Friday. I just noticed the Yahoo quote was old; it is not updating for today's action. With Japan now down 2.5%, and China down 6%, I doubt HK will be up.

Ken



To: DreamWeaver who wrote (6917)8/17/1998 12:24:00 AM
From: marc ultra  Read Replies (1) | Respond to of 42834
 
re: Hong Kong, this all happened Friday. Looks like they're not open today so far,?holiday or some other reason

Marc



To: DreamWeaver who wrote (6917)8/17/1998 12:42:00 AM
From: wooden ships  Read Replies (1) | Respond to of 42834
 
Dream Weaver: I understand from a Chinese friend that the market
in Hong Kong will be closed Monday 17 August 1998 for holiday.
The same source confirmed that the HK government, indeed, as you
indicated, interceded in the stock market in order to foil the short
sellers. Thus, this information certainly goes a long to explain why
the market leaped nearly 8.5% on Friday last, 14 August. For what
it's worth, the selfsame source did not express confidence that the
Hang Seng index will do anything but decline when the HK market
re-opens Tuesday.