MAKING ALL THE RIGHT CALLS

摘要

Most dreams of profiting from the vast China market have died when faced with the tough reality of making money in a place that is by turns bureaucratic, brutal, and corrupt. China Telecom (Hong Kong) Ltd. has been one obvious exception since listing its shares in Hong Kong in October, 1997. The wireless phone company's shares have tripled in the past year and have more than quadrupled since its initial public offering.