| Journal Call no. | HC411.A76 |
|---|---|
| Author | Fletcher, Matthew. |
| Article Title | Hanging on at Hopewell : Asia watches as Wu acts to shore up his infrastructure empire / Matthew Fletcher. |
| Is Part Of | Asiaweek ; v.21, no.48, 1 Dec 1995, p.57-59, illus. |
| Abstract | In November, Wu met his stockholders as usual in Hopewell Center, the 66-story tower in Wanchai district that until the late 1980s was Hong Kong's tallest building. This time, he had to work harder on his patter. Wu, 59, had to convince investors that a 14% drop in profits to $272.7 million -- and a 45% cut in dividend payments -- were in their long-term interest. |