Posts Tagged ‘debut’
Focus on potential of dual listings
POTENTIAL dual listings provided the main targets for yesterday’s session, following Tuesday’s explosive debut for China XLX in Hong Kong (HK). As a result, stocks such as Oceanus, China New Town, China Milk and Midas were all in play, based on hopes that if they obtain approval to list in markets such as HK or Taiwan, where valuations are higher, their prices here will have to rise.
However, if H… more
STI flat despite soaring trades in penny stocks
PENNY stocks stole the limelight on the local bourse yesterday as blue chips took a breather a day after hitting their highest levels this year.
Fund managers turned their attention to Hong Kong, where the hotly pursued China-based Sinopharm Group made what turned out to be a less than sizzling trading debut.
But at home, retail investors were in the thick of the trading action, snapping up China … more



