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 : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Ron Bower who wrote (6018)	8/31/1998 9:15:00 AM
From: Worswick	Read Replies (1) \| Respond to of 9980

Ron what are you thinking? Where did you get your information? Ref yours, "The number I've seen is closer to US$20M". Hmmm Ref; Boomberg, "Stocks may plummet on Monday if the government steps back from the market. Since Aug. 14, Hong Kong bought about US$12.5 billion of equities to safeguard stocks, the Hong Kong dollar and the city's slumping economy. In a dramatic climax to the intervention, Hong Kong bought almost HK$58 billion (US$7.5 billion) of stock on Friday alone and said it will propose curbs on stock and futures trading. It was the busiest day of trading in the exchange's history". The Hong Kong and Shanghai Bank has a new partner. The Government of HOng Kong that has bought huge number of HSBC shares. My best to you,