As Joseph 'Yam-bo' Yam continues to go on his stock market buying bonanza with tax-payers' money, a growing band of needy Hong Kongers is looking for a sequel. Yam-bo's rapidly evolving reputation as Hong Kong's ultimate market 'whale' has brought the begging bowls out in force. You can almost hear the heart-rending cries of property developers, asking Yam-bo: 'Please sir, could you throw some of that dosh towards some of our grossly undervalued Tuen Mun properties? We need all the billions we can get right now, and one day you'll make a fortune.' And spare a thought, while you're at it, for the owners of some horrendously under-valued stocks (some unkind stock watchers would call them 'penny dreadfuls') which have not been bought during the Government's buying spree. Their pleas to Mr Yam might be worded along the following lines: 'Yam-bo, you're paying $170-plus per share to pile into some bank called HSBC. Please buy some shares in Acme Holdings - a steal at 10 cents. They need a nudge, and you'd be doing your bit for Hong Kong: helping small-time local speculators and not nasty, evil foreign ones.' Who knows? In Hong Kong circa August 1998, anything's possible. With all the focus in Hong Kong markets remaining on Yam-bo's next move, a little-chronicled fact has just passed unnoticed. The value of the once-mighty Russian rouble yesterday faced the ignominy of passing below that of the Hong Kong dollar. We hear it dipped below the 7.8 to the US dollar mark during hectic morning trade, leaving it below the standard 7.74 Hong Kong dollars that adds up to one greenback. Luxury holidays in Siberia can never have come so cheap! Let's hope it all rubs off on the price of Russian vodka at local supermarkets. Lai See carried on its tireless search yesterday to try and find out what happened to Worldsec Securities' postponed blockbuster press briefing about a report titled: 'Why will the share price of HSBC fall to $100?' We tried to call Worldsec director Carlton Poon on exactly when the briefing will now be held. Sadly, 'no answer' was the only reply, for yesterday at least. He did not call us back. Never fear - we will continue our endeavours to track down the elusive report. As questions continue to be raised about the motivations of the US in its bombing raids last week, some have been speculating on the future headlines if things get any worse for President Bill Clinton on a personal level. Some wicked types at one wire service have been speculating on the various permutations on the headline front if things go downhill from here for Mr Clinton. The first suggested headline: 'US may bomb Libya if Lewinsky testifies again.' From there, things become progressively worse - both for the American leader and for the cause of world peace. The next suggested headline is: 'US may bomb Britain if DNA tests positive.' The most far-reaching scenario involves even Hong Kong, according to the breathless spoof headline writers: 'US may invade Discovery Bay and nuke Canada if DNA tests released.' Nice one, guys. Makes the plot in movies like Wag the Dog look almost tame. A press release crossed our desk yesterday from a firm calling itself B&W - Far East Publicity. We'll let the words speak for themselves: 'Being lured by Hong Kong's unique charm and attractions, a Japanese couple have decided to tie their knots on 31 August in Hong Kong. The wedding ceremony will take place on the roof of the Peak Tower, making it the first to be held by a foreign couple.' It goes on to mention that the two about to take the plunge are Japanese television producers who will be wearing 'trendy Chinese wedding outfits'. Even a representative of the Hong Kong Tourist Association will be there to greet the happy couple. Sounds unmissable. Prospective gatecrashers, mark August 31 in your diaries! It didn't take long for Nigerian scam merchants to start exploiting last month's death of the country's jailed opposition leader, the late Chief Moshood Abiola. Someone claiming to be one of the late political prisoner's wives, 'Mrs Adeyinka Abiola', made the remarkable revelation she had located his personal vault containing - would you believe it - US$53 million. After that, it is pretty well the usual Nigerian scam spiel - although the commission offered is less than the customary 30 per cent or so. 'If you assist me I will pay you 10 per cent of this money as your commission,' the alleged Mrs Abiola said. In Russia, with love-We couldn't resist including this little snap of the two heavyweights of the Russian political scene, President Boris Yeltsin and Viktor Chernomyrdin. Now that the two men have made up, and Mr Chernomyrdin has just made a Lazarus-like comeback as Russian Prime Minister, bear hugs and kisses would appear to be all the rage. What sweet nothings could the two leaders be whispering in each other's ear in this candid snap? Your suggestions are welcome.