Asian Stocks Take a Beating
- 18 April, 2000 12:01
HONG KONG (04/18/2000) - Due to a reporting error, the April 17 article "Asian Stocks Take a Beating" incorrectly reported the relationship between the IPO price and closing price of shares of Tom.com Ltd.
The article should have stated that shares of Tom.com Ltd. closed yesterday at HK$6.65 (85 U.S. cents), above the IPO price of HK$1.78.
The story has been corrected on the wire.