PolyU Library
Journal Call no.HC411.A76
AuthorShameen, Assif.
Article TitleHigh times for Hong Kong : and the conglomerates have the most to gain / Assif Shameen.
Is Part OfAsiaweek ; v.22, no.5, 2 Feb 1996, p.45, illus.
AbstractThe Hang Seng is hot. European interest rates are down, and U.S. rates are likely to follow. And with Wall Street looking a bit toppish, global investors need a place to put their money. Add to this the excitement over Hong Kong conglomerate Hutchison Whampoa's announcement that it will float its telecommunications subsidiary, Orange, in London and New York, and you have a market testing two-year highs.