Wednesday, 20 August 2014

NEAR TERM RALLY TO BE LED BY CHINA STRONG ECONOMIC PROJECTION

With one of our stocks COSCO rallying from $0.695 to $0.735 recently in 1 week contra period, we see clear signal that CHINA ECONOMIC will continue to grow in the 3rd and 4th QUARTER 2014, given that COSCO earnings rely heavily on CHINA Prospects. With the SSE and HANGSENG performing strongly in this week, will SINGAPORE STI climb up towards 3400? We shall watch and position potential counters that would benefited greatly from CHINA.

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