Tue, Aug 23, 2005 - Page 10 News List

Shinkong expects hedging costs to soar

EXPENSES The insurer reduced its exposure to a weakening US dollar by diversifying its foreign investments, with hedging costs forecast to triple to NT$5 billion this year

By Amber Chung  /  STAFF REPORTER

Shinkong Financial shares closed 0.17 percent higher at NT$29.85 on the Taiwan Stock exchange yesterday.

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