Building your own boom takes care in Hong Kong

Article Abstract:

Stock analysts are urging investors in Hong Kong Stock Exchange construction stocks to put their money into Paul Y.-ITC Construction Holdings and Hsin Chong Construction Group stocks. They believe that both firms are in a better position to take advantage of the building boom being experienced by Hong Kong, compared to the 18 other stocks listed in the exchange. They expect construction profits to reach their highest levels in 1997-98, the time when the colony's new airport is expected to be completed.

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Uneven disclosure splits listed Hong Kong firms

Article Abstract:

Hong Kong's stock market is becoming two-tiered, with one class including 50-100 large firms that have improved their financial disclosure and corporate governance and another class covering small companies involved in disclosure scandals. International investors are closely monitoring Chinese state-owned companies listed in Hong Kong which may wind up in the second class. They have also avoided smaller companies for fear of inadequate transparency and corporate governance.

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Taipei looks for answers

Article Abstract:

Taiwan's stock prices continue to fall in spite of the government's efforts at stabilization.

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