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Article: Hong Kong calmly sails on. (futures trading; economy)(International Trends)
- Article from:
- Futures (Cedar Falls, IA)
- Article date:
- June 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hong Kong will celebrate its first anniversary as the newly adopted child of China next month. The former British territory has weathered some of the political posturing from its communist leadership in Beijing and managed to survive the economically devastating Asian currency crisis. Is it full steam ahead for Hong Kong?
Hong Kong traders say the two major events in the past 11 months have had little affect on the financial sector. The transition to Chinese authority on July 1, 1997, has gone largely without a hitch while the Asian currency crisis did hurt the equities side and sting trading volumes on the Hang Seng stock index futures on the Hong Kong Futures ...