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 : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Dayuhan who wrote (2734)	3/16/1999 7:17:00 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 2951

Steven, I was channel surfing last night and stopped at the International Channel, news from HK. The reporter said HK retail unemployment is now at 19% and 47% of the unemployed had been out of work for at least 6 months. Shops are empty despite steep discount. Anyone in HK who can give us an eyewitness report? Ramsey

To: Dayuhan who wrote (2734)	3/16/1999 8:57:00 PM
From: Tom	Read Replies (1) \| Respond to of 2951

OT Good morning, Steve. I don't believe the circumstance has been exaggerated to quite the point of Hutchinson-Whampoa being "a front for the Red Navy." There is, however, an element of complicity that may provide certain critical opportunities for those who may not care well for U.S. interests. The complicity appears to stem from Hutchinson's relationship w/ China Resources, which has an equity position in one of the H-W subsidiaries -- a ports operator. Port operators, if I recall correctly, are a routine provider of harbor pilots. I, therefor, don't know that it requires much in the way of an imagination to see how an agent of Beijing might find his way to the conning bridge of an American warship. Aside from his describing our departure from Subic as "abandonment," though not the correct disposition but more a personal perspective, which in the article appear as "wild exaggerations and outright falsehoods?" -----