Asia2B.com launches trading portal

Asia2B.com marked its official launch on Thursday by unveiling ambitious plans to move approximately HK$8.72 billion ($1.1 billion) through its online trading portal by 2004. That's equivalent to 1% of Hong Kong's expected year 2000 gross domestic product. But the company declined to explain how it intends to reach that target - or indeed how it aims to break even within the next two years.