IPO is deemed a bargain: Yanzhou offer shows investors' change of taste

Article Abstract:

Hong Kong stock market investors are shying away from the initial public offerings of Hong Kong-listed Chinese companies and are instead looking at solid Chinese companies for investments. One prime example is Yanzhou Coal Mining whose share offer is very competitive, almost cheap, compared to its price/earnings potential. Share prices for Yanzhou Coal is priced from HK$2.16 to HK$2.67, while its price/earnings ratio is estimated to be seven times its share price.

Bituminous Coal and Lignite Mining, Coal, Coal Mining, Evaluation, Finance, Investments, Hong Kong, Yanzhou Coal Mining Bureau

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To play it safe in China, investors pick red chips

Article Abstract:

The term 'red chips' refers to Hong Kong-listed companies controlled by China's state entities. Many analysts believe that these red chips offer investors the safest opportunity for profit in the Chinese market. They state that the positive economic outlook for the mainland is likely to boost these companies' share prices. Some have already enjoyed increases as high as 40% but there are still a number of red chip firms whose shares are still expected to move up.

Forecasts and trends

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Red-chip stocks turn black-and-blue

Article Abstract:

Prices of Chinese-related stocks begin to decline as a result of lowered interest among stock buyers. Several Chinese shares fell significantly by over 20% in early September 1997. One of the worst results is that a number of sellers cannot obtain buyers for China's stocks. The absence of interest could negatively affect the sector, which has helped the Hong Kong market attained high levels.

Stocks & Other Equity Securities, Prices and rates, Stocks, Stock prices, Hang Seng Index (Index)

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