Using this thread to list HK Dailies' stock market comments.
MingPao 9th Dec:
??????????[15:07]
2010?12?9?
?????????(2238)?????????13.2?????????????????????????????????????????????????????????????25%?
????????????????????????????????????????????????????????????(????????)?????????2011?2012????????????????????????????22%?
HsinPao, on 91, J'ing Hsin Resources:
????(00091)?????????????????(00091)???????????????????????????????????????????????????????????????
??????????????????????.
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HKD 10th Dec, Friday. Index:
????482????
?????2888????????????7??????????????????????????????7,000????????????????????????????????????????????????????????????????????????????????????????62?????482.36?????
??????
?????????????????????????????????????2.3????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????231.0??????228.6??????6.20??2.79%?
??????????
?????????????????????????????????????????????????15%????????????80%??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
2009???????????????????????????????????????????????????????????????????????????????2009??????????
?????????????????????10%???7,000???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????8.5???
?????????
????????????????????????????????????????????????????????????????????????????????
????????????????????????????????????????????????????????????????????????????????????????
??????????????31.16???????????????????????62????????????????
?????62???
????????????????????????????????????????????????????????????????????????????????62??????
???????????158.5?????????87.9????????????????????????4-4.5????
?????????????65????????????????????????10%????????250??
????
??????????
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??????????
?????????????????????????????????????????????????????????????????????????????
???????
???????????????????????80%??????????????????????????????????????????
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
???????????????????????????????????????????????????????????????????????????????????????
?????????????????????????????????????????????????????????????
?????????
?????????????????????????????????????????????????????????????????????????0005?????????????????????????????????????????????????????????????????
Hi,
Just using this disused epic to record daily HK stock market news which I follow. If there are any HK stocks you follow, write here their numeric epic. I will then pay attention on its press and broker coverage and report back here.
Thanks
Using Google Translate from Han Chinese to English, post 1 above reads (imperfectly):
MingPao 9th Dec:
Deutsche Bank maintained buy rating GAC [15:07]
December 9, 2010
Deutsche Bank to maintain the Guangzhou Automobile Group (2238) of the Buy rating, target price of 13.2 yuan. The bank said that as the market worried about a slowdown in the luxury passenger car sales, coupled with the new joint venture will be subject to city maintenance and construction tax, so the stock price has come down from recent highs of 25%.
The bank said that while these factors indicate that the bank initially expected earnings Guangzhou Automobile Group will be reduced, but they believe the stock's pullback has been overdone. The bank is still expected, with the ? introduction of new models (some of which are small cars), together with increased capacity utilization, 2011-2012 annual Guangzhou Auto Group diluted earnings per share growth will exceed the industry average of 22%.
Same imperfect translation gives post 4 as:
HsinPao, on 91, J'ing Hsin Resources:
New Smart Energy (00091) on disposal of subsidiaries have reached broad consensus on New Smart Energy (00091) announced that stock price volatility unknown reasons, the Board regarding the disposal of a subsidiary may have with the prospective buyers to reach a consensus on most of the major conditions, is expected to in the near future in law to enter into a binding agreement.
In addition, the Board is still to issue bonus shares to shareholders or warrants.
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HKD 10th Dec, Friday. Index:
Standard Chartered earned 48.2 billion expected high
Standard Chartered Bank (2888) expected revenue and earnings this year, a new high for 7 years, and the first half of the second half of the income level of approximately the same, but employ more than 7,000 people during the year, so that cost growth exceeded income growth during the period. Standard Chartered said that due to intense competition, the Group will continue to recruit additional staff, the Asian region continues to be the largest contribution to earnings, more than Bacheng, but no plans to temporarily move its headquarters to Britain. Market forecast full-year pre-tax profit of Standard Chartered may reach 62 billion U.S. dollars (about 48.236 billion Hong Kong dollars).
Interview ? Zhu Mingliang
Standard Chartered released before settlement of business conditions reported satisfactory performance of this year, but the Group net interest margin, compared with last year's 2.3 PCT will slightly decrease was mainly due to certain products in various regions of assets due to margin compression . But the two main business of the credit quality, loan impairment levels are declining, the Group expects commercial banking and personal banking profit before tax has double-digit growth, but growth slowing down corporate accounts. By the news, Standard Chartered shares rose as high as 231.0 Hong Kong dollars yesterday, a day to close at 228.6 yuan, an increase of 6.20 yuan, or 2.79%.
Comparable with the first half year growth
Commercial banking business, a stable performance in the fourth quarter, expected revenue this year compared with last year were in the middle-digit growth in revenue growth of about 15% of customers, commercial banks accounted for about 80% of the total business revenue. Personal banking business into a customer-centric business model, revenues continued to rise, management expects full year revenue growth rate is roughly comparable to the first half of the year. In terms of products, mortgage banking income, credit cards and personal loans income, small and medium business, etc., have increased business volume and credit quality is good. Group estimated impairment charge during the second half will be slightly below the level of the first half.
First half of 2009, due to uncertainties, the Group hold investments. However, with the improvement of the environment, the Group decided to invest prudently, to provide products continue to expand, increasing manpower, further investment in the system standardization. Therefore, expenditure incurred over 2009 is expected to show double-digit growth.
Standard Chartered Finance Director Michael be thinking that this year employees of the Group increased by 10%, about 7,000 people, becoming one of the reasons costs. He is expected to cost growth and income growth group the difference is roughly the same level during the first half. Faced with fierce market competition, Standard Chartered will continue to employ more staff next year and will be appropriately adjusted staffing structure, but did not think Michael set of additional manpower to disclose the specific targets, he said China and India, market competition, that would push high wage costs. Currently employs about 8.5 million people.
No plans to move out of London Headquarters
Jimmy think they fixed that, the United Kingdom plans to increase the regulatory requirements will also reduce the attractiveness of local investment will enable the Group costs, but at present no plans to move out of London headquarters. He also believes that the current level of the Group's capital to meet the requirements of regulatory authorities.
In addition, this year completed a rights issue of the Standard Chartered has no intention of refinancing. Standard Chartered refers to the recent rights issue, the Group further strengthened strong capital levels, and has been prepared for a volatile regulatory environment. The Group will maintain a prudent capital structure, the next few years need to finance is limited.
The first half of this year, Standard Chartered pre-tax profit of 3.116 billion U.S. dollars, Citigroup and JP Morgan have forecast full-year pretax profit will be 62 billion U.S. dollars, wheat be satisfied with thinking.
Expected profit of 6.2 billion in Citigroup
Citigroup said that although the personal banking and commercial banking customers see good revenue momentum, but because of the quarterly revenue fell and costs may be higher than expected growth, the tone of its report on third quarter report has been softened, which means that pre-tax profit this year, the Group may fell to 62 billion U.S. dollars.
Citi Group for the year that the income of about $ 15,850,000,000, while the cost or up to $ 8,790,000,000, as compared with the second half of the loan write down the first half, that is between 4-4.5 billion dollars.
JP Morgan expected pretax profit this year, 65 billion, the Standard Chartered Bank to maintain "overweight" rating, expected its share price upside of 10%, target price of 250 yuan.
Other News
Benefit from the momentum in emerging markets
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Benefit from the momentum in emerging markets
Focus on the development of emerging markets in Asia Pacific and Standard Chartered, to benefit from the region's economic development momentum, earnings forecast in line with market expectations. Analysts pointed out that enterprises have access to strong returns is not surprising, but the group need to control the risk management.
Asia has a solid foundation
Standard Chartered Although based in the UK, but the Finance Director be thinking Mak said that the present 80% of group profits come from Asia. Into the emerging market for many years, Standard Chartered has a solid foundation in Asia, and made good returns.
Delta Asia Financial Securities head of research Xiong Liping said that as an international bank, Standard Chartered will focus on Asia and other emerging markets, the financial turmoil in the region less affected, Standard Chartered's performance so exceptional is not surprising. Since entering earlier time, Standard Chartered now facing less difficulties than the general international banks. However, emerging markets also means greater risk of substantial capital inflows into Asia and other emerging markets constitute a bubble on the economy and asset risk, Standard Chartered can to control the risks.
However, Xiong Liping Standard Chartered in the past that the strategy in the personal banking business too conservative, less sales of structured products, but does not mean that its decision-making errors. She pointed out that fans of Lehman Brothers debt crisis, Standard Chartered less involved, and take the healthy route to help them avoid a huge loss.
Standard Chartered stock analysts were talking about earlier, when Hu Mengqing said, compared with other Bank Standard Chartered Bank, was the first investment in emerging markets in Asia, so gifted and experienced a lot of experience in risk management.
HSBC European and American business kept hidden
Convoy Huang Minshuo securities and asset management directors recommended investors, the choice of bank shares, when to see their own needs. He pointed out that each bank's strategies are different, individual development, it is difficult to generalize. For example, HSBC Holdings (0005) in some European and American business, there are other parts of Asia, the global factors will affect the business performance of the different nature and Standard Chartered. Investors according to their needs to stock selection. Daily News reporter
snaj:
You're simply magnificent in havintg done the translation work through google. I read them in HK Chinese/Cantonese myself as I am quite proportionately invested in the HK market.
Are you particularly interested or inclined towards any sector or specific stocks in HK? I'm happy to watch for yours as well. Cheers.
Finance section, HK Daily, 11th Dec. Head article and Index:
????????
???????????????????????????????????????????????22????????????
????????1988???????????7????????????????????
??????30???
????????????? ???? ?????????????20???????????????????????????????????30??????????????????????????????
????????????????????????????????????????Unique Timepieces??????????????????????Unique Timepieces?????????????????????????Cartier?????300???????VIP????????????????
??????????
????????????????????????Unique Timepieces???????????????
?????????????????????????????20???15???????????7010????????????????????????
??6????????0887??????????????????????????????????????????????1777???????????????????20?????????????????????????????????????????????????????
?????????????????????????????
????
?????? ???????
?????????0.5???
????? ???159?
??11??????2.2????
????????5640?
????????1.8?????
?????????
????12?1??46?????
?????????????
?????????
????????
???5??????23.4%??
?????????22?
???5??????23.4%??
??????????0279?????5.03????????17.57????????????????23.43%?????????????????????????????????27%???
?23.43%???????????????????????????????????????????????????????????????24.29%???
????????????????????????????????????????????????????????????????????????????
????????
?????????????????????????????????????????????????????
???????????????0194??45.33%???????????????1111??48.52%???????????????0.18%?????????????????1.34%???
???????????????????????????????????????????????????????????????????????????????????????????????????????16%??????????0.35???2??6.06%?
HKDaily, 13th Dec. 2010 Main article and Index:
?????????
?????23,000??????????????????????????????????????????22,800??23,500??????????????????????????????????????????
??????????????????159??0.68%???23,162??????????????????????????????????????????732???
????????
??????????????????????????????CPI?????????????????????????????????????????????22,800??23,000???????????23,800??
??????????????????????????????????????????????????????????????????????????????
????????????????????????0005?ADR??52.60???????81.76?????????0.32%??????0386?ADR???93.58???????7.27??????????1.29%?
??????????????????????10?????????23,229??????22,780??????????
??????????10????????????????????????????????????????????????????????23,500????
?????????????????????????????????????????????????????1?2???????????????????????????????????????????????????????????????????????????????
????????
??????????????????????????????????????????????????????????????????????????????????????????????????????
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??????50?????????????????????????????????????????????????????????????????????????2?3???????????????????????2011???????????????????????????????????????0388????????????????????????????????????????????????
??????????
?????????????????12?1??22,842??????23,612?????????????????????770????????????????????17????????????3????????0005??????0941??????0883?????0013??????0388????????????????A???????????????????23,612???????????????????????23,800??
????????????????????????????????50??????????????????????????????????????????????????????????????????????22,800?23,600????
?????????????????????????????????????????????????????????????????????????????
?????????????70???????????A?????????????????????????????????????????????????????????????
???????
????????????????????????????2128?????2.5??????????5???8??????????8???????????????????????????????????????????????????????????????????????????????
