Hungry for Internet plays

Article Abstract:

Hong Kong technology stocks are showing spectacular gains amid hopes that the market will follow the example set by Wall Street. Shares of such companies such as Pacific Century CyberWorks, China Online and New World Cyberbase have been performing extremely well since Sep 1999. Analysts and fund managers, who forecast a bullish outlook for the technology industry, point to the limited amount of technology stocks as one reason for their good showing.

Author: Booth, Jason
On-Line Information Services, Videotex & Teletext, Securities issued, listed, Online services, Internet services, Securities, Technology

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Mandatory Providence Fund: make way for the big boys

Article Abstract:

Mandatory Providence Fund, Hong Kong's pension fund, is bringing together the financial-services sector. Over 250,000 firms in the city will join the fund as they lack their own employee retirement plans.

Author: Booth, Jason
Financial Services, Finance and Insurance, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Human resource management, Financial services industry

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GEM's future is hazy after poor start

Article Abstract:

Hong Kong's GEM (Growth Enterprise Market) composite index is facing an uncertain future. The success of GEM is expected to depend on attracting higher-quality firms to list.

Author: Booth, Jason
Securities and Commodity Exchanges, Sales, profits & dividends, Security and commodity exchanges, Securities Exchanges, Finance, Exchanges, Securities industry

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Subjects list: Hong Kong
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