Think Positive

Saturday, 3 October 2009

Car market in for lean times

Supply shrinkage will have a profound impact on buyers and sellers

Mainland rally seen extending into 2010

Mainland stocks should extend their rally into next year as the economy got a boost from a pick-up in exports and consumer demand, but a bumpy ride was expected this quarter, partly because of a glut of initial public offerings, an HSBC fund manager said.

Glorious Property falls on debut

Mainland property developer Glorious Property Holdings fell 20 per cent in its debut on Friday, dented by a Wall Street sell-off and a dwindling appetite for newly-listed stocks amid a flurry of new offerings.

Glorious Is Fifth Flop in Hong Kong IPO ‘Massacre’

Glorious Property Holdings Ltd., a real estate developer in nine Chinese cities, is the fifth consecutive Hong Kong initial public offering company whose shares fell on debut on the city’s exchange.

Firms list abroad to quench thirst for China stocks

A small mainland-focused firm floated shares in Germany yesterday and another filed for a listing in the United States as they sought to cash in on international investors’ appetite for a link to China’s economic growth.

China’s Deng Xiaoping survived at least 7 assassination attempts

Deng had led an eventful life. His rocky political career was well documented, having survived three ousters from the centre of power. But even more fascinating is his record for surviving more assassination attempts than any other Chinese leaders.

China Property Stock Index Points to Slump: Technical Analysis

The Se Shang Property index’s 200-day moving average is at 4,214.70, 4.5 percent below the index’s close of 4,413.23 on Sept. 30. The index, which is down 28 percent from its July high, is an “exceptional” predictor of global markets, Michael Hartnett, New York-based chief global equity strategist at Bank of America, wrote in a report.

Friday, 2 October 2009

Why 60 is so important

The number “60” holds a unique significance in Chinese society, which explains the military fanfare and civilian pomp to be displayed at today’s celebration in Beijing.

National Day Parade gives clues to military capability

The National Day military parade did not hold any big surprises but there were tantalising clues for experts to mull in assessing the modernisation of the world’s biggest army.

Labour crunch for Xmas orders

After a crisis that sparked mass layoffs in China’s export hubs, factories in manufacturing heartlands such as the Pearl River Delta are on the hunt for migrant workers again as orders revive for Christmas.

Wynn Is Said to Raise $1.63 Billion for Macao Unit

The Las Vegas casino company Wynn Resorts raised $1.63 billion after pricing its Asian initial public offering at the top of its indicated range Wednesday, a sign that demand was still strong for certain offerings despite a glut of stock deals.

Straits Times deleted Ris Low’s photo, but “sg-stupid.jpg” remains

Following our revelation that the Straits Times had named a photo of ex-Miss Singapore World Ris Low as “sg-stupid.jpg”, the photo has been deleted though the link remains.

Investors find cheaper way to ‘own’ blue chips

CFDs or Contracts for Difference an increasingly popular derivative product

Brothers lose bid to block sister’s inheritance

Duo claimed father would not have given her the $2.9 million as they were on bad terms

A journey of success forged in steel

For a company that split into two just 10 years after it was formed, Nam Leong has recovered remarkably.