New book by Larry Connors Click here Improve your trading - See how
SOUTH CHINA MORNING POST:
- Electricity supplier CLP Holdings (SEHK: 0002) has agreed to buy mainland wind-power projects from its Australia-based partner for HK$730 million, making its first move to restructure its renewable energy investments overseas.
- Citic Group is expected to remove Larry Yung Chi-kin as chairman of Citic Pacific (SEHK: 0267) in the next few days and has sent a team to further investigate the company's huge foreign exchange losses and other possible irregularities, sources said.
- East Asian and Pacific economies will face a sharp contraction this year, but China will begin recovering as early as the middle of this year, according to a World Bank report released yesterday.
- Shares in PCCW (SEHK: 0008) yesterday edged up despite an appeal filed by the securities watchdog seeking to overturn the High Court's approval for the company's controversial HK$15.93 billion privatisation.
- Esprit Holding, the biggest clothier listed in Hong Kong, hired Ronald Van der Vis to replace Heinz Krogner as chief executive.
- Asian stocks closed lower yesterday, snapping a rally that drove valuations to the highest levels since November 2007, on lower commodity prices and renewed concern about loan losses at banks.
- The pace of urbanisation on the mainland and buyer demand for properties built to internationally accepted codes is driving huge demand from developers for the services offered by professional property managers and consultants.
THE STANDARD:
- Developers have extended their battle to find homebuyers to the New Territories with Cheung Kong (Holdings) (0001) pricing some flats in its new Tin Shui Wai project near levels last seen during the SARS epidemic in 2003.
- Shui On Construction & Materials (0983), a Hong Kong-based builder, made an offer to buy the outstanding shares in London-listed China Central Properties for at least HK$1.96 billion.
- A majority shareholder is selling as much as HK$1.96 billion of shares in Shimao Property Holdings (0813) through a top- up placement after the firm announced a profit warning yesterday.
- Pacific Century Regional Developments - the parent company of PCCW (0008) - is in talks with HSBC on extending the repayment deadline for a loan taken out to finance the telco's privatization, sources said.
- CLP Holdings (0002) said it has agreed to buy the stakes in mainland wind power projects held by its partner in their joint- venture firm Roaring 40s.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
