Morningstar Asia brings unit trust information to Hong Kong investors - www.hk.morningstar.com
March 23, 2001 (HONG KONG) - Morningstar Asia,
a leading provider of investment information and analytic tools, today announced
that Morningstar Asia has launched a Web-based investment information service
at www.hk.morningstar.com. The
service, which covers Securities and Futures Commission authorized unit
trusts as well as Hong Kong and U.S. stocks, contains holdings-based portfolio
analysis, unit trust and stock filters, and detailed analysis by Morningstar's
local financial experts.
"We are bringing quality information to Hong Kong's marketplace where investors require in- depth information on mutual funds since the implementation of the Mandatory Provident Fund (MPF) retirement system. Morningstar has earned the trust of investors around the world and we're proud to bring our service to Hong Kong investors," said Tao Huang, CEO of Morningstar Asia.
Benny Cheung, chief operating officer of Morningstar Asia, said, "The launch of our Hong Kong Web site is the first step in our effort to bring quality investment education and information to a region that is experiencing significant change in financial regulation. We will provide the insight and essential information Hong Kong investors need to make informed unit trust investment decisions."
Morningstar Asia was established in April 2000 as a joint venture between Morningstar, Inc., Pacific Century CyberWorks, and Softbank Finance Corporation.
About Morningstar, Inc.
Chicago-based Morningstar, Inc. is an independent provider of investment
information and analytical tools. Morningstar.com is listed among the
top investing sites by publications such as The Wall Street Journal,
Barron's, SmartMoney, Money, Worth, and U.S. News & World Report.
Morningstar provides investment information for a number of leading Web
sites, including Microsoft MoneyCentral, Quicken.com, America Online,
Yahoo! Finance, and Netscape Personal Finance.
Morningstar is a global company with nearly 800 employees in the United States, Japan, Canada, Australia, New Zealand, Korea, Europe and Greater China. Morningstar collects, validates and publishes information on more than 50,000 investment products worldwide.
About PCCW
Hong Kong-listed Pacific Century CyberWorks (SEHK: 0008, NYSE: PCW [ADR]),
the flagship of the Pacific Century Group, is one of Asia's leading integrated
communications companies. Building upon its market-leading position in
Hong Kong, PCCW intends to accelerate economic growth throughout the Asia-Pacific
region and create shareholder value by leveraging the synergies between
its core businesses. Among those businesses are: telecommunications services
(PCCW-HKT); mobility and connectivity services; broadband interactive
services (B2C); ventures; business-to-business services; infrastructure
services; and data center/web-hosting services. To learn more about PCCW,
go to www.pccw.com
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Contact:
Benny Cheung, +852 9267 9933
Chief Operating Officer
benny.cheung@asia.morningstar.com
Jin Tian, 312-696-6244
Asia Regional Manager
jin.tian@morningstar.com
Margaret Kirch Cohen, 312-696-6383
Corporate Communications
margaret.cohen@morningstar.com
For more information, contact:
hksupport@asia.morningstar.com