🚀 go-pugleaf

The Chinese University of Hong Kong
Press Release for the Investment Simulation Competition

The Investment Simulation Competition (ISC), organized by The Strategic
Investment Society (SIS) and the Internet Association (CUIA) of the
Chinese University of Hong Kong and sponsored by Prochina Investment
Ltd., Dow Jones Telerate and the Netfront Internet Services, is to be
held on the fast-growing and popular Internet. The competition will last
for 4 months from October 28, 1996 to February 28, 1997. Before the
actual game starts, there will be a two-weeks trial period for the
participants to get familiar with the competition environment.

The new ISC was originated from the Investment Simulation Competition
organized solely by SIS. For the first 7 years, the competition was
administered manually and restricted to CUHK*s students only. With the
help from CUIA and a couple of programmers, ISC have been operated on
Internet since last year. The aims of ISC are to provide a no-risk
environment to the students to practice their investment skills, and to
promote the awareness of the Internet.

At the beginning of the competition, each participant will be a given a
mock account of HK$1,000,000 cash. Then they can construct their
portfolios by using a wide range of securities : 33 blue chips, 50
mid-caps, Hang Seng Index Futures and 7 foreign currencies. Starting
from this year, there will be also stock margins and sell-short in
selected stocks. Provided by Dow Jones Telerate, ISC adopts real time
data from the Hong Kong stock market and the foreign exchange market.
Therefore, participants can have a view on the prices before they make
any transaction. With the help of the computer, the participants* own
portfolio will be updated everytime the transaction is made successful.

Each of the top six participants making the highest profit will be
awarded a 3-month internet account free of charge and a cash prize. All
prizes make up to HKD$5,000. All the population in the Internet are
eligible to enroll in the competition. Interested parties an email to
snakeshe@cuhk.edu.hk (provided with their names, addresses, HK ID# which
is applicable to HK residents) or fill in the registration form
available on our web site URL:http://www.prochina.com.hk/invest/ . 

For more information, please contact Mr. She Chi Wai at 76307653 or Mr.
Fung Hang Kin at 71118251 a/c 11 ,or visit our web site.