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TENS OF THOUSANDS QUEUE UP FOR TOM.COM SHARES IN HONG KONG, 2000-02-23 (photo)

IMAGE number
REU7801724
Image title
TENS OF THOUSANDS QUEUE UP FOR TOM.COM SHARES IN HONG KONG, 2000-02-23 (photo)
Auto-translated text View Original Source
Medium
photograph
Date
2000 AD (C20th AD)
Shooting Date
2000-02-23
Image description

Some of the tens of thousands of small investers queue up at the main branch of HSBC bank in Hong Kong, trying to handover application forms to apply for shares of tom.com before the noon deadline, February 23. Police said over two hundred thousand people submitted their forms in the morning. Pouring petrol on Hong Kong's flaming affair with technology stocks, analysts believed the initial public offering of tom.com is expected to set a new record of over subscription rate of about 3,000 times over subscription of its offered shares. BY/PB

Photo credit
REUTERS / Bridgeman Images
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