Journal Call no. | HC411.A76 |
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Author | Shameen, Assif. |
Article Title | High times for Hong Kong : and the conglomerates have the most to gain / Assif Shameen. |
Is Part Of | Asiaweek ; v.22, no.5, 2 Feb 1996, p.45, illus. |
Abstract | The 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. |