29-Jul
PAN HONG: 1Q2011 revenues up 269.9% at Rmb 88.2 million
PAN HONG’s top line for 1Q2011 more than tripled year-on-year to Rmb 88.2 million (up 269.9%), as revenue was recognized for a higher number residential units handed over to buyers.
29-Jul
CHINA BULL RUN: 3 reasons why rally will endure
CHINESE SHARES are trading near three-month highs thanks in large part to standout performances by financials and property as well as pro-growth policy initiatives.
Many investors may still be waiting on the sidelines for another big correction, but a leading authority on the Chinese stock market provides at least three in-depth reasons why these bystanders may be waiting for a long, long time. Read more..
27-Jul
CONSCIENCEFOOD: Indonesian noodle maker IPO at 22cts closes next Wed
INDONESIAN INSTANT NOODLE maker, Consciencefood, yesterday launched its IPO at 22 cents, at historical PE of 7.4 times. In comparison, locally-listed convenience food players like Super (9.8 times) or Food Empire (14.9 times) are trading at ten times or more.
Though smaller, Consciencefood enjoys more lucrative margins.
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