Hello investors and followers
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Today is 2011-9-6th, pls note, this is a "Chinese thinking method", from big to small, year to month, month to date reading.
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About stock market in Hong Kong, most HK public listed companies announced the interim result, there is almost 74% companies showed an over-expectation results.
Very good interim result in 2011 !!
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Currently, focusing on Pacific Asia market will be a good way, If look into markets of Hong Kong,China,Indonesia,Malaysia,Singapore,Thailand,Philippines,Vietnam. there is many opportunities and all fundamentals is solid and robust. all restaurants are fully booked in weekend and holiday.
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About one big blue chip,386 Sinopec,
half year sales turnover RMB 1217b (+31.7%),profit RMB 41b(+11.9%)
2010 PE=7.30, 2011 est PE= 6.6
About one new small cap, 1112 Biostime,
half years sales turnover RMB 0.87b (+74.9%), profit RMB 0.2b (+67.6%)
2010 PE=21.5, 2011 est PE= 19.1
These 2 companies end-user market is mainly in China.
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Last, Ferrari is planning IPO in HK market.
All the best !
Rickyhkg
