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


To: Tom who wrote (2140)8/22/1998 3:04:00 AM
From: Chung Lee  Read Replies (1) | Respond to of 2951
 
CNBC anchor reported that 4 hedge funds shorted HK stocks heavily Friday without any counter action from HKMA, with market around the world in selloff mode, it may not be a good time to intervene again, but if it doesn't, the hedge fund may step up assault with shorting to test 6550 before Aug 28 index future settlement. What do you see for next week?