Daily Stock Setups

HONG KONG NEWSPAPER HIGHLIGHTS - NOV 9, 2009

Posted on: Sun, 08 Nov 2009 20:13:00 EST

Symbols: SCHPY

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HONG KONG, Nov 09, 2009 (AsiaPulse via COMTEX) --
SCHPY | Quote | Chart | News | PowerRating -- Highlights of today's
newspapers:

SOUTH CHINA MORNING POST:

- Whether it is in the frigid Athabasca Basin in north
Canada, the arid Outback of Australia or the dunes of Namibia
in southwest Africa, mainland firms have been eagerly acquiring
access to uranium deposits around the world to supplement
domestic supply of the raw material for nuclear power.

- Enrolling in a Master of Business Administration programme
at an Asian university used to be like eating at an authentic
Chinese restaurant, says T.J. Wong of the Chinese University of
Hong Kong.

- China Minsheng Banking Corp, the country's seventh-largest
bank, aims to raise as much as US$4.07 billion after setting a
price range for its Hong Kong listing, according to a term
sheet obtained by Reuters.

- Oracle Corp's much-anticipated acquisition of Sun
Microsystems will give it more gear and key partnerships to
better compete in Asia's fastest-growing information technology
market.

- Derek Yung Kai-ming faced an insurance executive's worst
nightmare last year when more than 2,000 frightened
policyholders rushed to his American International Assurance
offices to surrender their policies.

- Despite its scandal-ridden past, Thailand's Advance Agro
hopes to create an internationally respected brand of paper
that can command a premium price by taking the high road of
environment-friendliness and corporate social responsibility.

THE STANDARD:

- Secondary home sales over the weekend improved from last
week as sellers made price concessions.

- Mingfa Group will not delay its listing plan further
despite a lukewarm response from retail investors, sources
said.

- Mainland banks will maintain the growth of new loans at 20
percent next year, despite record lending so far this year,
according to a Bank of Communications (3328) report.

- Hong Kong stocks are expected to trade in a narrow range
this week as investors closely monitor mainland financial data,
according to market watchers.

- Poly (Hong Kong) Investments (0119) said yesterday its
contracted sales revenue for the 10 months to October was 7
billion yuan (HK$7.94 billion).

For full details on (SCHPY) SCHPY. (SCHPY) has Short Term PowerRatings at TradingMarkets. Details on (SCHPY) Short Term PowerRatings is available at This Link.

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