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To: lin luo who wrote (62255)8/30/1998 10:17:00 PM
From: lin luo  Read Replies (1) | Respond to of 176387
 
It seems the Hong Kong markets' futures expired last Friday and the speculators were squeezed out. Today the government just tried to hedge their cash positions to short in the futures markets. That is why it is sharply lower. Well, this is too much on this thread...