Advertisement

Dell hopes SAR listing will enhance exposure in Asia

Reading Time:1 minute
Why you can trust SCMP

Dell Computer, the US-based direct-sales computer-systems company, hopes to increase its exposure in Asia with the coming trading of its stock in Hong Kong.

Advertisement

Goran Malm, president of Dell Computer for Asia-Pacific, said the firm would be traded in Hong Kong 'because it will give the company more exposure'.

Mr Malm said the decision to trade in Hong Kong would increase investor interest in the stock. It would also make the company more responsive to providing information to the public in Asia and in Hong Kong, he said.

Dell Computer is one of seven large Nasdaq-listed companies that will begin trading on the Hong Kong exchange this week.

Mr Malm said it was difficult to predict the stock's performance when its trading in Hong Kong started on Wednesday.

Advertisement

But he said companies with solid business and good revenues would seek support from investors.

The company has revenues for the four quarters to April 28 of US$27 billion, up more than 35 per cent over the previous year.

Advertisement