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: Tom who wrote (2820)	4/17/1999 3:28:00 PM
From: Ron Bower	Read Replies (2) \| Respond to of 2951

Tom, I like what I'm reading. Seeing evidence that things are beginning to turn around in HK/China and Asia. HK property demand increasing and prices starting to rise. Tourism increasing. Some companies starting to show earnings above last year's low levels. More aggressive attitude towards the future indicated by the HSI and broader market. China two month GDP above expectations. State owned firms increasing profits and reducing losses. China's entry into WTO looking more promising versus a couple of weeks ago. I don't see any reason for it, but Japan optimism up. Voters express displeasure over inaction at polls. South Korean bankruptcies still high as banks now coming down on companies that haven't restructured and shown positive results. In spite of this, the number of bankruptcies is declining. More companies showing increased Y-Y profits, losers showing lower losses or profits. Thailand, Vietnam, showing improvement. India's government voted out in displeasure over policy. A lot of positives in the news. FWIW, Ron One of my HK/China holdings just announced an expansion as they are running at full capacity and see high order visibility going forward. Another announces an acquisition/merger of a German competitor. A third expects to report substantial rev/earnings increases for second half of the year. I bought too early, but it looks like my patience may be paying off.