STOCK WATCH: PCCW falls over resignation of executives and C&W”¦s disposal

A dealer said PCCW fell amid investor”¦ concern over successive resignation of executives but it can keep HK$4 gateway.The sales of PCCW in C&W also made PCCW face selling pressure.A dealer at foreign-invest security said the resignation of executive director would not bump the stock but the successive resignation of top level left investors bad impression. He said two executive directors of PCCW resigned in the past 3 months.

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