« The Real Thanksgiving In China | Main | Paris Hilton Decides Against Shanghai Hilton »

Nov20
Some Links With Your Coffee: Chinese Small Cap, Chinese "Facebook", ASEAN Deal, Olympic TV Ad

Here are some news links for your pleasure:

"Shanghai considers allowing multinationals to list"
-- Coke, HSBC and Siemens as potential companies to be listed in Shanghai. New competition for Hong Kong Stock Exchange?

"Chinese Small Cap Speculators Wiped Out"
-- Speculators in small cap Chinese stocks are finally getting "smashed" after stocks bubbled up in September. Familiar stocks corrected themselves.

"Rumor: China's "Facebook" Completing 2nd Round Of Investment"
-- Zhanzuo.com completed second round of fundraising at US $7.2 million in November. Rumor that Facebook will acquire Zhanzuo.com. 

"Just fancy that!"
-- Hong Kong newspapers are ambivalent over whether local district council polls were successful or not.

"Asean Steps Up China Free-Trade Talks as Deal With India Stalls"
-- Chinese trade with ASEAN countries is about 7x that of India's. Group believes trade concessions with China is more important than that with India, Japan and Australia.

"Exchange rate could become more flexible"
-- China may consider widening the yuan's floating band, one of many tools the country is considering to make the currency more flexible, said central bank governor.

"Seeking truth from facts"
-- How poor and small is China? An economist believes that China's economy is 40% smaller than current estimates, and 300 million people live below the poverty line.

"China TV Strikes Gold In Olympic-Ad Auction"

AI-AL962_ADVERT_20071119161815%5B1%5D.gif

 


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