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

To: Ron Bower who wrote (2406)	10/8/1998 3:51:00 PM
From: Tom	Respond to of 2951

Uh, oh! Central banks eyed as hedge funds crush dollar. biz.yahoo.com

To: Ron Bower who wrote (2406)	10/9/1998 4:30:00 AM
From: Tom	Read Replies (1) \| Respond to of 2951

Ron: Report of multi-billion dollar bond float in PRC to support exporters. SCMP or HK Std. Can't recall which. Surprised me that they also settled w/ the PLA. Heir apparent, Hu Jintao, attempting to assert his authority by telling them the deal is for all of the enterprises, not just the scrap. I don't know whether that went down too well, chiming in like that. This next succession might be a tough one. I wonder how large of a sell-off there would be should Mr. Zhu all of a sudden not be there anymore? They better forget about Hu for a while and shed some light on what they have to back-up Zhu. Matter of fact, some complaining a little while ago by people who claimed they weren't seeing enough of Mr. Zhu. All of a sudden he's all over the press. (Oh, Mr. Zhu-ooooo! Time for your daily stroll for the cameras.) Guess they're saying now he'll visit here early next year. Probably not long after Spring Festival, when they devalue the renminbi.