ZTE climbs 3% Goldman Sachs is undervalued but lacks incentives

Foreign said its CDMA base station shipments of a large increase in ZTE, H shares this morning with the city to the good atmosphere, the share price rose 3.16% to HK $26.15, 1.7681 million shares.  Goldman Sachs issued a report saying that its neutral rating, which is equivalent to 19 times times the 2009 earnings ratio, is at the low end of the 19-25-fold earnings ratio since 2005, but it is expected that China's 3G capital spending peaked and income growth visibility is lower, which will dampen valuations. Goldman Sachs says it is bullish on the long-term growth potential of ZTE and expects the company to become a global three by 2013 ...

Hysan Societe Generale up 7.07% of its property rental rate high

or by the Company's property rental rate of high promotion, Hysan Societe Generale (00014-HK) a half-day rose 7.07%, reported 16.06 Hong Kong dollars, a deal of HK $16.7342 million. Lidingchang, President of Hysan, in April, the commercial and office occupancy rates of its shops were 98% and 95%, both of which were 97% at the end of last year, and increases were registered for the renewal and determination of new tenancy leases, and for this year, the supply of Grade A office buildings in Hong Kong was nearly 0, and if the external economy had not changed

High market shocks steel stocks strength

Shiki investment in the morning overall maintenance of high volatility situation, facing the attack 2700, the market on the one hand, the lack of confidence, on the other hand also need to be fully prepared, which caused the disk in the sideways-saw shape. At midday, the Shanghai stock market rose 26 points, closed 2,679 points, the Shenzhen market rose 123 points, closed at 10,437 points, the majority of the stock rose, less than 500 only fell, in the continuous innovation high, some of the shares contrarian trend, indicating that the pattern of differentiation is still continuing. In terms of quantity and energy, the half of the cities is more than 110 billion, the general level. Industry, following yesterday's strong rise in coal stocks, today ...

Hang Lung property Rose 5.31%

Hang Lung Real Estate (00101-HK) rose 5.31% per half and reported HK $23.80 to a deal of HK $116 million, which won the big city in early trading, and the index rose 3.03% and reported 17538.69 points. Citi maintained its buying rating and raised its target price from HK $31.30 to HK $36.53, mainly because the group's recent acquisitions in Wuxi and Dalian would raise the estimated net asset value. Citi said the unit's current valuation of a relatively new estimated net asset value of HK $45.66 to 33%, taking into account visible net asset growth prospects, this valuation level is attractive ...

Mobile material this year push 11 TD mobile phone

China Mobile's chairman, Mr Wang, said the company had spent 600 million yuan (RMB, the same), and 6 domestic and foreign manufacturers to develop TD mobile phones, material this year will have 11 mobile phone marketable, next year to launch a minimum of 30 high-end mobile phones.  Wang said that 600 million yuan will be the development of the retail price of 1,000 yuan above the high-end TD mobile phones, and each of the following low-end mobile phones. He said that in high-end mobile phones, and ZTE (00763-HK) and other 6 companies to work together, will use 300 million yuan to develop new mobile phones, material this year first 6 marketable, next year to push 30;

Belle International: Deutsche Bank to hold the target price of HK $5.7

De Banderband said that from the channel to learn about the excessive expansion of the international <01880.HK> sports business risk is gradually normalized, the risk coefficient of the corresponding from 1.3 to 1.1, the target price from 4.57 Hong Kong dollar to 5.74 Hong Kong dollar, but the potential increase in space is limited, the rating from "buy" to "hold".

Lee Fung is now up 4.52% Goldman Sachs to maintain buying to see HK $25.5

Li Fung (00494-HK) is now up 4.52%, at HK $21.95, to clinch a deal of HK $129 million, which is now winning the big city, with the index rising 2.53%. Goldman, which maintained its buying rating, also raised its target price from HK $21.50 to HK $25.50, using a 2010-year profit forecast.  Although the rally has been strong this year, it has not been fully valued, either in absolute or relative terms, the bank said. In addition, the latest US macroeconomic data show that the worst of the decline in consumer spending is over. In addition to consumer demand stabilisation, apparel inventory ...

Afternoon attention to Shen Chengzhi an important position performance

Groun Research and development cities in the peripheral market driven by the high open shocks, the index in a narrow range fluctuation, volume slightly magnified. Show the market in the current point of divergence between the increase.  Institutional heavy warehouse plate is still a hot spot in the market, real estate, coal, steel plate before the rise. Today's focus is on Shen Chengzhi, which is about 10500 points closer to 08. 10,500 point is not only 08 4-22 rebound starting point is also the highest point of the Olympic stability, is the market is extremely important resistance level. It is expected that the afternoon market will be divided into short-term and more empty strength, the possibility of walking ...

China trends: Deutsche Bank to buy a rating target price of HK $4.76

Germany Banderband to increase China's trend <03818.hk>2009-11 year 11%-18%, mainly reflecting the mainland sales and gross margin better, the target price from HK $3.52 to 4.76 Hong Kong dollars, a potential increase of more than 10%, rating maintenance "buy". After visiting the "Kappa" store and the management meeting with China, Deutsche Bank was aware of the retail discounts and stock levels back to stability. In the fourth quarter of this year, the order was estimated to have 13%-19% growth, relative to the original estimate of 8%, based on the improvement in sentiment.

News: China Unicom ushered in full circulation half-day small rise 0.75%

Today ushered in the full circulation of China Unicom early 2%, then a diving turn green, at this time there is money into a mocking guard, the stock price appears straight up and quickly turned red, half a day to 6.74 Yuan 0.75%.  Today, China Unicom 10.755 billion shares of restricted shares lifted, lifting the market value of nearly 72 billion yuan, accounted for this week's total lifting volume of 65.23%, accounting for the share of the shares of 102.99%. Securities companies in the May 19 into the full circulation of China Unicom is a big difference. Days congenial in a research report released May 15, another positive look at the number of Citic Securities ...

Hong Kong stock warrants turnover of 5.221 billion yuan accounted for the big city 10.81%

HSI is reported at 17548.69 points, up 525.78 points, the transaction amount of 48.297 billion yuan, the transaction amount of warrants is 5.221 billion yuan, accounting for the big city transactions 10.81%. The total turnover of the subscription card is 4.449 billion yuan, which accounts for 85.22% of the stock warrants, and the total turnover of the warrant is 772 million yuan, which accounts for 14.78% of the warrants transaction.

Shenwan up the target price to 9.8 yuan

The Shenwan study published a report giving Anta sport a winning market rating, with the target price raised from $5.7 to 9.8 yuan, the equivalent of 22 times times the 09 forecast earnings ratio, and a discount of 10% per cent for the 02331-HK target valuation. According to the report, the order amount of Anta in the fourth quarter of 09 was boosted by an economic rebound of 25% per cent year-on-year, with 25% to 45% growth in the first three quarter, with an expected annual revenue increase of 26% per cent, lower than that of the previous 33.6%, but in view of the continued expansion of mainland consumption  Anta's income will have more room for growth. Report ...

Innovation High Market breakthrough?

Jianhao today is the 5.19 10 anniversary, the four newspapers have written for several years, showing the status of 5.19 in the market. Market today also face, early set a big high, opening that hit a new high, imposing like a rainbow. It's a bit of a surprise to have this start. Morning, the volume has been magnified, this is the author gives the market to go up one of the two conditions; plate, steel stocks strong rally, led the stock index, this is the author gives the market upward another condition. But in the morning on the plate, although these two points have some performance, but still lack. First, the volume is still not big enough, the second is the plate ...

HKEx: $109.70 Sell

Tai Fook Securities We have adjusted the earnings forecasts of HKEx to reflect a rise in the market since the second quarter of 09. Therefore, we have also adjusted the target price of the unit to $89.80, equivalent to 20 times times the 09 earnings forecast. The remarkable rebound in the city over the past two months has been of great benefit to the volatile HKEx. While the weak performance of the HKEx in the first quarter of 09 does not represent its full-year performance, its current valuation appears to reflect a rebound in market confidence and two major factors in the short-term liquidity flow.  We therefore propose to sell the stock for sale. We are currently on the HKEx ...

The normal continuation of the early strong finishing

Times the new consultation Jiang Xiubin today is 5.19, the market may be ten years ago at this time the big plate springing up the appeal, the cities in the morning opened both high and directly to create a new high, showing the different usual rising determination. However, the recent market is also very accustomed to low open high and low to go the plate trend characteristics, the market has since launched a small horizontal plate concussion, seems to have lost the will to continue to surge. The morning turnover was significantly larger than yesterday, indicating that the new high after the market profit back to vomit the empty chips are also increasing. From the technical perspective, the market today jump air is on the early strong finishing shape ...

Singapore's richest Oei sue Citi for trading losses

Beijing time May 19 morning news, according to The Straits Times of Singapore reported in Tuesday, Singapore's regal Oei (Oei Red Leong) sued Citigroup (hereinafter referred to as "Citi") private banking sector negligence and misrepresentation, so that he last year foreign exchange and bond trading losses of 1 billion yuan (about 684 million U.S. dollars). Oei's relationship with Citi has been going on for 30 years. He said in his lawsuit that the information Citi had given him about the exposure to the deal was always inaccurate, making him take greater exposure. Oei reportedly declined to comment on the lawsuit. ...

East Asia confirms that Hong Kong-issued debt is approved for speedy implementation

Li Minbin, deputy chief executive of East Asia (00023-HK), said that it was pleased that mainland subsidiaries had received approval from the People's Bank of China to issue renminbi bonds in Hong Kong and that preparations were being made to implement them as soon as possible and that the issue of denominations depended on the market. He added that banks could issue debt in Hong Kong, which would be helpful to the flow of capital and lending operations in the mainland, and would be better if they could be further issued in future.

Shimao shares completed 8 billion major restructuring of commercial real estate

Xinhua News (reporter Shobin) yesterday, the world-Mao shares announced that the company to 12.05 yuan per share to Shimao Real estate under the Shimao BVI (commercial), Beijing Shimao, Shimao Enterprises, such as three specific objects issued total about 692 million shares.  The reorganization involves about 8 billion of the asset size, after the completion of the reorganization, Shimao shares a comprehensive transformation of commercial real estate. The announcement shows that the additional plan to Shimao Real estate under the wholly-owned subsidiary Shimao BVI (commercial) issue 558 million shares, the purchase of the world-Mao BVI (commercial) held 9 commercial real estate companies 100% equity;

Deep Hua fa A: Tipped Ladies concept again madness

The reason for the change: since May 19, 2009, the cancellation of the company's stock trading other special treatment, the stock referred to as "St FA a", "St FA B", respectively, changed to "deep FA a", "deep FA B".  Investment Highlights: 1, with the holding shareholder in Wuhan Heng Group's main industrial assets successively into the listed companies, Styrofoam, injection molding production and liquid crystal display machine Assembly has preliminarily formed a complete through the embryonic liquid crystal industry chain, in recent years, the new injection of Wuhan industrial assets gradually become the company's main business profit bright spot, good prospects. Risk tip: 1, Recipient country ...

HKEx is up 4.65% to buy HK $135

The Hong Kong Exchange (00388-HK) has now risen 4.65% to HK $114.80, a deal of HK $859 million, which continued its strong rebound yesterday (5.79% yesterday) and is now winning the big city, with a 3.17% rise in the index. The bank was first included in the study, to give a buy rating of HK $135; It is proposed that the exchange should take advantage of the current flow of capital, the subject of both China growth and the long term (RMB), which is estimated to be $63 billion and HK $85 billion for the next two years.

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