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Most - S-Chip get ready to get 10-20% Price Hike
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des_khor
Supreme |
21-Aug-2009 16:45
Yells: "Tell me who is the God or MFT from this forum??" |
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Why ?? you think too far ?? | |||
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Hulumas
Supreme |
21-Aug-2009 16:37
Yells: "INVEST but not TRADE please!" |
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x 0 Alert Admin |
Mind your sentence please!
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des_khor
Supreme |
21-Aug-2009 16:08
Yells: "Tell me who is the God or MFT from this forum??" |
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x 0 Alert Admin |
Cock will shoot baby !!! | |||
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TuaPekGong9413
Elite |
21-Aug-2009 16:06
Yells: "deity" |
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all the do is talk cock sing song now... | |||
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des_khor
Supreme |
21-Aug-2009 15:58
Yells: "Tell me who is the God or MFT from this forum??" |
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S-Chip = Sell Cheap Gone case liao la in SGX nomatter post what good news still like salted fish ferever dry and no juicy at all .... just like some dirts or busts around the exchange. |
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el7888
Veteran |
21-Aug-2009 15:52
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richtan
Supreme |
21-Aug-2009 12:33
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China’s Stocks Rise, Paring Third Weekly Decline on ICBC Profit Share | Email | Print | A A A By Bloomberg News Aug. 21 (Bloomberg) -- China’s stocks rose for a second day, led by banks after Industrial & Commercial Bank of China Ltd. posted higher-than-estimated second-quarter profit. Industrial & Commercial Bank, the nation’s biggest listed lender, added 2.3 percent. Bank of China Ltd. gained 1.2 percent while Bank of Beijing Co. climbed 3.5 percent. Jinduicheng Molybdenum Co., Asia’s largest producer of the metal used to harden steel, dropped 2.5 percent after first-half profit fell. The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, rose 48.66, or 1.7 percent, to 2,960.24 as of 10:53 a.m. local time. The advance pared its third straight weekly loss to 3.1 percent, two days after the measure briefly dipped more than 20 percent below its Aug. 4 high, the threshold for a bear market. “You should be able to see them retrace back to 10 days ago, and you should see them go higher than that,” Hugh Simon, who helps manage the $972 million Dreyfus Premier Greater China Fund at Hamon Investment Group in Hong Kong, said in a Bloomberg Television interview. “I believe that earnings will come through in the next six to nine months, which will allow stocks to perform.” The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, added 2.2 percent to 3,212.54. Industrial & Commercial Bank rose 2.3 percent to 4.86 yuan. Net income was 31.3 billion yuan ($4.6 billion) on record credit growth and lower provisions for bad loans as the economy rebounded, beating the 30.7 billion yuan average estimate of 11 analysts surveyed by Bloomberg. Bank of China gained 1.2 percent to 4.07 yuan while Bank of Beijing advanced 3.5 percent to 16.10 yuan. Molybdenum Jinduicheng Molybdenum fell 2.5 percent to 19.30 yuan after saying first-half profit fell 88 percent to 201.2 million yuan as a drop in demand led to lower prices. Jiangxi Copper fell 2.2 percent to 35.91 yuan as the price of the metal dropped 0.6 percent in New York yesterday. China’s stocks may rise, driving the Shanghai Composite Index past 4,000 over the next 12 months, as the world’s third- largest economy revives, Morgan Stanley said. “It’s still a bull market,” Morgan Stanley’s Hong Kong- based strategist Jerry Lou told Bloomberg Television in Shanghai today. “The recovery is real. I think at least for the next 12 months the momentum is very good.” Corporate earnings may gain 15 percent this year and about 20 percent in 2010, he said. --Zhang Shidong. Editor: Linus Chua, Reinie Booysen To contact Bloomberg News staff for this story: Zhang Shidong in Shanghai at +86-21-6104-7014 or szhang5@bloomberg.net Last Updated: August 20, 2009 22:57 EDT |
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des_khor
Supreme |
20-Aug-2009 15:48
Yells: "Tell me who is the God or MFT from this forum??" |
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Stocks at SSE trading around 30-50 times PE compare to our STI most of them below 10 times PE...no logic... | |||
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richtan
Supreme |
20-Aug-2009 15:43
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China Stocks Set to Rebound From Slump, Merrill Says (Update1) By Bloomberg News Aug. 20 (Bloomberg) -- China’s stocks are set to rebound from this month’s plunge on prospects earnings will beat estimates and policy makers will maintain bank lending, Bank of America Corp.’s Merrill Lynch unit said. The Shanghai Composite Index climbed 2.7 percent to 2,860.97 at 10:12 a.m. local time. The gauge yesterday fell 19.8 percent below the high on Aug. 4, near the 20 percent bear- market threshold, amid disappointing earnings and concern the government will seek to damp property speculation. “I don’t think this is a turning point,” David Cui, China strategist at Merrill Lynch, said in a phone interview yesterday. “My sense is that earnings will surprise on the upside and we’ll see a round of earnings upgrades. The government’s monetary policy also hasn’t changed.” Cui’s view is shared by U.S. fund managers Uri Landesman of ING Investment Management Inc. and Sentinel Asset Management’s Kate Schapiro, who say the stock selloff won’t prompt them to cut their investments in the world’s third-largest economy. “If you were to put a gun to my head, I would say that China is a buy, not a sell,” said Landesman, who manages $2.5 billion at ING Investment in New York. “China has always been a volatile place and that hasn’t changed in the last few weeks.” Landesman said he’s considering adding to his China holdings. The stocks will rebound because they were “oversold” and valuations are reasonable, leaving a “safety margin,” analysts led by Yu Jun at Citic Securities Co., the country’s biggest listed brokerage, wrote in a report today. Equities on the CSI 300 Index have dropped to 21 times estimated earnings for 2009 from 27 times on Aug. 3. Stimulus Rally China’s benchmark stock index posted the biggest gains among the world’s markets from Jan. 1 to Aug. 4, more than doubling from the low in November. Shares had surged as the government unveiled a 4 trillion yuan ($585 billion) stimulus package and new loans by banks surged to a record in the first half. The gauge remains 53 percent below the all-time high on Oct. 16, 2007. The index has slumped this month, paring the year-to-date advance to 57 percent, after new lending in July tumbled to less than a quarter of June’s level, while losses at Yunnan Copper Industry Co. and Maanshan Iron & Steel Co. revived concern that earnings will deteriorate. The equities rally also faltered as the securities regulator allowed initial public offerings after a nine-month moratorium. The stocks probably face a further “correction” in the next 30 days due to regulatory risks, UBS AG strategist John Tang said in a report today, advising investors to be “less aggressive for now, more aggressive” later. State Construction Jonathan Garner, chief Asian and emerging market strategist at Morgan Stanley in London, told Bloomberg Television that the main catalyst for the recent plunge was the July IPO of China State Construction Engineering Corp. “It drained liquidity from secondary markets,” he said. China Everbright Securities Co. yesterday underscored the downturn, slumping by the 10 percent daily limit, a day after it had the smallest debut of any new stock in Shanghai this year. Shanghai-based Everbright rose 30 percent on Aug. 18, against an average 109 percent for the seven other companies to list shares in China since the moratorium ended last month. “The next few days are key,” said Cui at Merrill Lynch, who favors shares of property developers, coal and non-ferrous metals producers. “We may see another leg down if the market doesn’t hold around the 2,800 level.” China’s biggest state-owned banks such as Industrial & Commercial Bank of China Ltd. are scheduled to report their half-yearly results within this fortnight. Policy Stance Shanghai’s index has extended its decline since Prime Minister Wen Jiabao said on Aug. 9 that the government will maintain its current macroeconomic policy stance aimed at bolstering domestic spending as the nation continues to experience fallout from the global recession. The index is trading at 30.6 times reported earnings, against 17.8 times for the MSCI Emerging Markets Index, and remains 53 percent higher than at the start of this year. “I think it’s healthy for the market to back off a bit,” said Schapiro, fund manager at San Francisco-based Sentinel, with $17 billion in assets. “Over the next 12 months or so I think we’re in a period of time where China’s growth is still going to be the fastest of the major countries of the world. Even without a pickup in their export sector, they can probably grow at around 8 or 9 percent.” Technical Signals The Shanghai Composite is poised to rally and global equities may follow suit, according to Richard Ross, global technical strategist at New York-based Auerbach Grayson & Co. Charts shows four levels of “support” signaling that the index may rebound: the 38.2 percent Fibonacci retracement, the 200-day exponential moving average, the trend line since mid-January and the 14-day relative strength index. “A rebound is in the cards,” said Ross. Stocks plunged the most in eight months on July 29 on speculation the government will curb inflows into the market. Beijing-based Caijing magazine reported that day speculation the central bank was poised to order lenders to set aside larger reserves. Market News International said Chinese equities fell that day on speculation regulators will increase a tax on stock trading. “The Chinese market is very trend-oriented because there are many individual investors,” said Philippe Zhang, chief investment officer at AXA SPDB Investment Managers in Shanghai, which oversees about $220 million. “So it can rally very quickly and go down strongly as well.” New Accounts Investors opened 484,185 accounts to trade stocks last week, the slowest pace since the five days ended July 10, according to data from the nation’s clearing house. Account openings peaked this year at 700,617 in the last week of July, days before the index reached this year’s high, the data shows. “It’s scary,” retiree Xu Xuehong, 64, who had about 300,000 yuan ($43,900) invested in shares, said in an interview at a branch of Shenyin & Wanguo Securities Co. in Shanghai. “The decline is too rapid; I am not going to make new investments.” China’s CSI 300 index, measuring exchanges in Shanghai and Shenzhen, has fallen more than 20 percent five times since 2005, with the index plunging by 33 percent and lasting almost three months on average during the bear markets, according to Birinyi Associates Inc. The index fell 5 percent to 3,014.47 yesterday, down 20 percent since Aug. 4. “The speed of this drop stands out,” said Kevin Pleines, analyst for the Westport Connecticut-based research and money management firm. “If this decline follows the average, it will take the CSI down another 486 points to 2,527.” To contact the Bloomberg News staff for this story: Chua Kong Ho in Shanghai at kchua6@bloomberg.net Last Updated: August 19, 2009 22:17 EDT |
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Hulumas
Supreme |
11-Aug-2009 11:26
Yells: "INVEST but not TRADE please!" |
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"V" shape economic and stock market recovery particularly to PRC SSE index surpassing 6000 is confirmed!!!
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richtan
Supreme |
11-Aug-2009 11:14
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China’s Industrial Output Growth Accelerates on Record Loans By Bloomberg News Aug. 11 (Bloomberg) -- China’s industrial output growth accelerated on record loans and stimulus spending. Industrial production climbed 10.8 percent in July from a year earlier after a 10.7 percent advance in June. Urban fixed- asset investment for the seven months to July 31 rose 32.9 percent. Consumer prices fell 1.8 percent last month. The statistics bureau released the figures at a briefing today in Beijing. China’s economy will grow 9.4 percent this year, topping the government’s 8 percent target, Goldman Sachs Group Inc. said yesterday. Policy makers are wrestling with how to avert property and stock bubbles and bad loans after first-half lending tripled to $1.1 trillion as banks backed the government’s stimulus package. “A lot of officials fear a significant slowdown if they withdraw stimulus too early,” said Ma Jun, chief China economist at Deutsche Bank AG in Hong Kong. The government will “fine tune” monetary policy in the short term by selling central bank bills to mop up excess liquidity, and guiding loan growth, Ma said. Interest-rate increases and lending quotas are not likely until there are “more serious signals of inflation and overheating,” he added. The gain in industrial output was less than the 11.5 percent median estimate of 23 economists. Retail Sales The rise in urban fixed-asset investment compared with a 33.6 percent gain through June and a 34 percent median estimate. Retail sales rose 15.2 percent in July, more than the 15 percent expansion in June. Producer prices dropped a record 8.2 percent, compared with a 7.8 percent fall in the previous month. The credit boom and a 4 trillion yuan ($585 billion) stimulus package drove an acceleration to 7.9 percent economic growth in the second quarter from a year earlier and helped General Motors Co. to report a 78 percent increase in vehicle sales in China in July. Infrastructure spending also aids companies including BBMG Corp., Beijing’s biggest cement supplier, which saw its shares surge 56 percent on its first day of trading in Hong Kong on July 29 on expectations China’s stimulus will spur asset investments and housing demand. The Shanghai Composite Index has rallied almost 80 percent in 2009 and real-estate prices have rebounded, fueling concern that loans meant for infrastructure projects are being used for speculation. The measure fell by the most in eight months on July 29 amid concern that the central bank would rein in liquidity. The central bank said Aug. 5 that it will use “dynamic fine-tuning” and guide “appropriate” lending growth. China will maintain its current macroeconomic policy stance aimed at bolstering domestic spending as the nation continues to face difficulties including an export slump and industrial overcapacity, Premier Wen Jiabao said Aug. 9. To contact the Bloomberg News staff on this story: Kevin Hamlin in Beijing at khamlin@bloomberg.net; Last Updated: August 10, 2009 22:00 EDT |
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richtan
Supreme |
10-Aug-2009 18:45
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China Economy May Grow 9.4% This Year, Goldman Says (Update2) By Shamim Adam Aug. 10 (Bloomberg) -- Goldman Sachs Group Inc. raised its forecast for China’s economic growth this year to 9.4 percent, citing “strong momentum” and the likelihood that the government will delay tightening policy. The previous estimate was for a gain of 8.3 percent from a year earlier, Hong Kong-based economist Michael Buchanan said in an e-mailed report today. The economy may expand 11.9 percent next year, he said. “China is closer to a point at which it should be equally worried about tightening too late as it is about tightening too early,” the economist said. Policy makers won’t move quickly because they remain “very cautious” against the backdrop of weakness in the global economy, he said. China’s gross domestic product expanded 7.9 percent in the second quarter from a year earlier, rebounding from the weakest growth in almost a decade, as a 4 trillion yuan ($585 billion) stimulus package and record lending took effect. Premier Wen Jiabao reiterated in a statement yesterday that monetary and fiscal policy will remain unchanged because of problems including sliding export demand and industrial overcapacity. The government wants to avert bubbles in stocks and property without choking off the recovery. Surging Property Sales Property sales surged 60 percent by value in the first seven months, the statistics bureau said in a statement on its Web site today. Sales accelerated after a 53 percent gain in the first half from a year earlier. The Shanghai Composite Index has climbed 78 percent this year. Banks extended $1.1 trillion of loans in the first half, triple the amount a year earlier, after the People’s Bank of China scrapped quotas limiting lending and urged support for the stimulus plan. A 9.4 percent increase in gross domestic product would top the government’s 8 percent target for creating jobs and preserving social stability after slumping global demand slashed exports. The economy grew 9 percent last year and 13 percent in 2007. China is set to release July economic data tomorrow. Second-quarter growth was “impressively above trend,” and momentum remains strong, Buchanan said. Economies in Asia excluding Japan will grow 5.6 percent this year, and 8.6 percent in 2010, Goldman Sachs said, lifting its forecasts. Goldman left its forecast for India’s growth unchanged in the current fiscal year, and raised it to 7.8 percent for the 12 months ending March 2010. To contact the reporter on this story: Shamim Adam in Singapore at sadam2@bloomberg.net Last Updated: August 10, 2009 06:21 EDT |
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Zelphon
Senior |
10-Aug-2009 02:26
Yells: "Hauttttttttt AHhhhhhhh !!!" |
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x 0
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Sino-Env very risky now.. A safer bet is ABTERRA..
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star888
Member |
09-Aug-2009 23:27
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Is sino-environment a good bet? Like to take the risk. But, worry...Any good advise brothers and sistors. | |||
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richtan
Supreme |
09-Aug-2009 22:57
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Good news for infrastructure stock like Midas: China Will Maintain Stimulatory Policies, Wen Says (Update1) By Bloomberg News Aug. 9 (Bloomberg) -- China will maintain its current macroeconomic policy stance aimed at bolstering domestic spending as the nation continues to experience fallout from the global recession, Premier Wen Jiabao said. The effect of some of China’s stimulus policies will weaken over time, and the economy is still under pressure from declining demand for exports, Wen said in a statement on the central government’s Web site today. China’s 4 trillion yuan ($586 billion) stimulus plan, which is funding the construction of roads, railways and airports, coupled with record lending helped the economy recover in the second quarter from the slowest growth rate in almost a decade. Government spending and the credit boom have countered a collapse in trade and aided global businesses from Semiconductor Manufacturing International Corp. to General Motors Co. “The reason that we are sticking to the proactive fiscal policy and moderately loose monetary policy is because we are facing many difficulties and challenges,” Wen said. The comments were made during a three-day trip to east China’s Jiangsu province that ends today. The world’s third-biggest economy expanded 7.9 percent in the second quarter from a year earlier, accelerating from a 6.1 percent pace in the first three months of 2009. In contrast, exports fell for an eighth month in June as the global recession cut demand, highlighting the economy’s dependence on stimulus spending to revive growth. Official View Today’s statement by Wen follows comments by three economic officials at a joint press conference two days ago, and may help to ease concern that China could remove stimulus efforts adopted last year amid a rebound in stock and property prices and a surge in lending. The Shanghai Composite Index of shares has climbed 79 percent this year. Zhu Zhixin, vice chairman of the National Development and Reform Commission, said domestic demand in China is still weak and consumption is dependent on government stimulus. The People’s Bank of China doesn’t see any inflationary pressure in the economy and assets prices are not a factor taken into consideration when setting policies, deputy governor Su Ning said at the same briefing. “The main message is the government will keep the policy stance loose, at least for now,” Goldman Sachs Group Inc. economists Yu Song and Helen Qiao wrote in a report dated Aug. 7. “This should clear the recent confusions in the market about the government’s policy stance and preclude the possibilities of hikes to interest rates, reserve requirement ratios in the near term,” they wrote. China’s central bank has kept interest rates and reserve requirements for banks unchanged this year after cutting them in the final four months of last year to counter the effects of the global credit crisis. The People’s Bank of China, in an Aug. 5 statement, reiterated its pledge to keep the yuan stable at a “reasonable and balanced” level. The central bank scrapped quotas limiting lending in November 2008 to support the government’s stimulus package. --Zhang Dingmin. Editors: Victoria Batchelor, Alex Devine. To contact the Bloomberg News staff for this story: Zhang Dingmin in Beijing at Dzhang14@bloomberg.net Last Updated: August 9, 2009 04:03 EDT |
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richtan
Supreme |
05-Aug-2009 16:38
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China Rally Will Last, No 'Bubble' Seen, Harvest Says Aug. Aug 5 (Bloomberg) -- China’s benchmark stock index, the world’s second-best performer this year, may extend gains as earnings recover and economic growth accelerates, Harvest Fund Management Co. said. “I don’t think we’re in a bubble,” said Chen Li, Beijing- based strategist at Harvest, part-owned by Deutsche Bank AG and which oversees about $22 billion, including a portion of the national pension fund. “This is a recovery story that is one of the strongest and most convincing in the world.” The Shanghai Composite Index has doubled from its November low and investors last week opened the most trading accounts since January 2008, enticed by signs a 4 trillion yuan ($586 billion) stimulus package and record bank lending have revived the economy. The gains have sparked concern the government may act to slow the rebound. The government needs to be careful that state spending doesn’t fuel a “bubble” in the stock market, Allan Conway, head of emerging-market equities at Schroder Investment Management, which oversees $17.5 billion, said in a telephone interview from London yesterday. Conway said he will remain “overweight” in Chinese stocks on optimism that rising domestic demand and the stimulus will lift growth to the government’s 8 percent target. China’s manufacturing expanded in July for a fifth month, according to an official gauge. New loans tripled in the first half from a year earlier after the government eased restrictions. “We’re still quite optimistic about prospects for the stock market,” Chen said in a phone interview yesterday. Valuations Valuations of stocks on the Shanghai Composite Index have surged to 38 times earnings, more than twice those of the MSCI Emerging Markets Index and the Standard & Poor’s 500 Index. The stock market revival has triggered an end to a nine- month moratorium on domestic IPOs in June. The five companies that went public since then gained an average 112 percent on their first day of trading, even after selling stock at the top end of ranges marketed to investors. Shares worth 55.6 billion yuan have been sold so far this year, according to data compiled by Bloomberg. The country’s gross domestic product grew 7.9 percent in the second quarter, becoming the first of the major economies to rebound from the global recession. Chinese companies will post a 17 percent increase in earnings this year and 19 percent next year, Chen said, citing “consensus estimates.” The outlook is “more certain for the moment” than for peers such as India because of the Chinese government’s stimulus spending, Christopher Ryan, managing director in Asia for Fidelity International Ltd., said Aug. 3. ‘Look Stretched’ Still, there are signs the government will act to ensure bank loans aren’t diverted into the stock market. The banking regulator told lenders on July 27 to ensure loans intended for investment in fixed assets go to projects that support the real economy. Three days later, the regulator announced plans to tighten rules on working capital loans. Former Morgan Stanley chief Asian economist Andy Xie, now an independent economist, said July 31 China may cut growth in new loans by half in the last six months of this year to deflate a stock-market bubble. Edward Chancellor, a Boston-based portfolio manager at Grantham Mayo Van Otterloo, said July 31 the recovery in the Chinese stock market is “a classic bubble echo.” Emerging- market stock valuations “look stretched” and developing nations may be headed for a “profit-taking driven correction,” RBC Capital Markets said in a note to clients. Loose Policy Harvest’s Chen, formerly UBS AG’s Shanghai-based China strategist, said the Chinese government is likely to maintain a “moderately loose” monetary policy. The authorities won’t raise interest rates or order banks to set aside a larger amount of reserves as the economy isn’t showing signs of overheating, he added. Coal producers and property developers are among the best bets in the Chinese market as they will benefit from a rebound in economic growth, he said. The Shanghai index has rallied 90 percent this year, the world’s second-best performer after Peru among 89 equity benchmark measures tracked by Bloomberg. |
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richtan
Supreme |
01-Aug-2009 23:27
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China Manufacturing Expands a Fifth Month, PMI Shows (Update3) By Bloomberg News Aug. 1 (Bloomberg) -- China’s manufacturing expanded for a fifth month as record lending and a 4 trillion yuan ($586 billion) stimulus plan drove a recovery in the world’s fastest- growing major economy. The official Purchasing Managers’ Index rose to a seasonally adjusted 53.3 in July from 53.2 in June, the Federation of Logistics and Purchasing said today in Beijing in an e-mailed statement. A reading above 50 indicates an expansion. China’s stimulus spending and subsidies for consumer purchases have countered a collapse in exports and helped companies from chipmaker Semiconductor Manufacturing International Corp. to automaker General Motors Co. The nation’s policy makers will take their cue from the U.S. on when to end economic rescue efforts, central bank Governor Zhou Xiaochuan said July 28 in Washington. “The recovery is very strong,” said Wang Tao, an economist with UBS AG in Beijing. “But it’s not yet stable, because it’s all stimulus driven.” An export-order index rose to 52.1 in July from 51.4 in June, the PMI showed. The output index increased to 57.3 from 57.1. A measure of new orders was unchanged at 55.5. China’s economic growth accelerated in the second quarter, gaining 7.9 percent from a year earlier. The manufacturing index has climbed from a record low of 38.8 in November. Bad Loans, Asset Bubbles The economy “will keep rebounding as domestic demand accelerates,” Zhang Liqun, an economist at the State Council Development and Research Center, said in today’s statement. Banks extended $1 trillion of new loans in the first half, triple the amount a year earlier, stoking concern that the recovery may come at a cost of bad loans, bubbles in stocks and property and resurgent inflation. The CSI 300 Index of stocks, up 87 percent this year, plunged the most in eight months on July 29 on investors’ concern that the central bank will tighten monetary policy. Stimulus measures helped an estimated increase of more than 70 percent in General Motors’ vehicle sales in China in July from a year earlier. The factories of Semiconductor Manufacturing, China’s biggest chipmaker, will be more fully used this quarter than in the previous three months as demand improves, the company said July 29. ‘Blind Investment’ “While the recovery in manufacturing attests to the overall effectiveness of China’s stimulus, some uncertainties remain,” said Jing Ulrich, Hong Kong-based chairwoman of China equities at JPMorgan Chase & Co. She cited a government warning last month that “blind investment” is adding to overcapacity in some industries. In November, Premier Wen Jiabao rolled out the spending package spanning earthquake reconstruction work, the construction of power grids, railways and low-cost homes, and subsidies for farmers’ purchases of televisions and minivans. The nation that’s the world’s second-biggest exporter reported its slowest economic growth in almost a decade in the first quarter after global trade collapsed. China’s exports started to slide in November and shrank 21.8 percent by value in the first half of 2009 from a year earlier. In Guangdong, a manufacturing hub on the nation’s east coast, exports are recovering, the official Xinhua News Agency said July 20, citing the provincial trade bureau. They may return to growth in the fourth quarter, the bureau said. Wang, the economist from UBS, said she expects the same for the exports of the nation as a whole as global demand recovers. South Korea reported today that its exports fell for a ninth month in July from a year earlier. To contact the Bloomberg News staff on this story: Paul Panckhurst in Beijing at ppanckhurst@bloomberg.net Last Updated: July 31, 2009 22:42 EDT |
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dealer0168
Elite |
01-Aug-2009 12:00
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Next week is Aug, maybe S Chip day has arrived......... |
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fartist
Member |
27-Jul-2009 19:32
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Thanks dealer for all the china counters you've provided. It certainly helps reduce my research time on china counters, cheers! I'll still need to do my own research none the less :) |
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Peg_li
Master |
27-Jul-2009 19:10
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Today midcap S-chips overall performance is not bad: China XLX: 40 to 46 cents, up 6 cents. Chinamilk:41 to 46 cents,up 5 cents. ChinaHX: 19 to 21 cents,up 2 cents. Synear:25.5 to 27.5,up 2 cents. Chinaessence:20 to 22.5,up 2.5 cents Chinasports:15.5 to 17.5 up 2 cents. most of others also not bad, I believe they maybe still climb up tomorrow! |
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