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Hong Kong / Stock Market / United States Market / Gawith Interview #411881

CNN Evening News for Thursday, Oct 23, 1997
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(Studio: Hilary Bowker) Report introduced.

(Hong Kong: Mike Chinoy) The crash of the Hong Kong stock market as a consequence of Asia's economic woes reviewed; scenes shown from the exchange floor. [South China Brokerage Walter WALKER - says Hong Kong is now regarded as "one of the bad bunch" in Asia.] [Political and Economic Risk Consultancy Robert BROADFOOT, Hong Kong chief executive TUNG Chee Hwa - comment on the exchange rate.] The fate of the Hong Kong dollar updated.

(Studio: Bernard Shaw) Report introduced.

(New York: Allan Dodds Frank) The response of the United States stock market to the Hong Kong slide examined; statistics on the market dominoes around the world cited. [Goldman Sachs vice chairman Robert HORMATS, Morgan Stanley equity strategist Richard DAVIDSON, Salomon Brothers bank analyst Diane GLOSSMAN, small INVESTOR - talk international economics.] The likely impact of the Hong Kong troubles on United States businesses with international ties assessed.

(Studio: Hilary Bowker) Interview held with Financial Times columnist Philip Gawith about the European reaction to events in Hong Kong. [GAWITH - talks about the European market with Hong Kong at the core of events as everyone waits for tomorrow's news; explains the global connection of events like the economic slowdown in Asia.]

Reporter(s):
Bowker, Hilary;
Chinoy, Mike;
Frank, Allan Dodds;
Shaw, Bernard
Duration:
00:08:50

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