Linn's China Gate Stocks

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OCTOBER 12, 2011 -- CHINA MARKETS BOOST HONG KONG

DAILY FIX
 
Hong Kong Blue Chips: +188, +1.0%, to 18,329, 10-12-11, Hang Seng Index

Chinese Stocks in Hong Kong: +198, +2.1% to 9,456, 10-12-11, HSCE Index

Shanghai Stocks: +3.0%, 2,420, 10-12-11, Shanghai Composite Index.

Chinese Stocks in the U.S.: +0.02, to 363.0, 10-11-11, Bank of New York Mellon, ADR Index-China

Insight: A strong rise in Chinese stock markets carried Hong Kong higher, extending its recent rally in moderately active trading. KGI Research

Quotable: "...the overall market sentiment was relatively strong. Particularly, 9-day RSI had already climbed back above 50 and the overall market turnover was relatively high to show the strength of the market. It might help the market to have better performance in short term." Core Pacific Yamaichi. 10-12-11

Chinese Companies to Watch: "Valuations of A-share and H-share banks have hit their historical low and deliver excellent mid-to long-term investment appeal, with H-share banks trading at only 5.42x P/E and 1.05x P/B on average. We maintain “Outperform” for the sector and recommend CCB (CICHY, 0939), MSB (CMAKY, 1988), CITIC Bank (CHCJY, 998)...." BOCOM International. 10-11-11

Brokerages and analysts cited have disclaimers on their websites emphasizing their statements are for information only. They do not endorse my blog, and I don't endorse them.
For a list of Chinese companies sold in the U.S. and information on each company go to http://www.adrbnymellon.com/dr_country_profile.jsp?country=CN

OCTOBER 10, 2011 -- EARLY GAINS ERODE IN HONG KONG

DAILY FIX
 
Hong Kong Blue Chips: +4, +0.02%, to 17,711, 10-10-11, Hang Seng Index

Chinese Stocks in Hong Kong: -18, -0.2% to 8,870, 10-10-11, HSCE Index

Shanghai Stocks: -0.6%, 2,345, 10-10-11, Shanghai Composite Index.

Chinese Stocks in the U.S.: -10.8,to 350.3, 10-07-11, Bank of New York Mellon, ADR Index-China

Insight: China stocks opened higher in Hong Kong due to optimism Europe would recapitize its struggling banks, but a drop on Mainland markets cut into gains. Reduced turnover included heavy trading in warrants, which reflects strong speculative interest. The Chinese government investment arm, Huijin, bought A shares in the four major Chinese banks,leading to a late rebound for these banks in Hong Kong.BOC (HK) (PINK BHKLY) rose 2.1%. The parent company's ADR code is BACHY. KGI Research

Quotable: "All in all, Hong Kong stock market may be choppy next week, and the HSI may test 18,000 points with its support level likely residing at 16,500 points." BEA Securities. 10-7-11

Chinese Company to Watch: YANZHOU COAL (YZC;1171) "Thanks to further acquisition concept, we expect overseas business to account for near 30% of FY12 earnings. Prospective P/E of 7x." KGI Asia. 10-7-11

Brokerages and analysts cited have disclaimers on their websites emphasizing their statements are for information only. They do not endorse my blog, and I don't endorse them.
For a list of Chinese companies sold in the U.S. and information on each company go to http://www.adrbnymellon.com/dr_country_profile.jsp?country=CN

OCTOBER 7, 2011 -- FOLLOWING U.S., EUROPE HIGHER

DAILY FIX
 
Hong Kong Blue Chips: +535, +3.1%, to 17,707, 10-07-11, Hang Seng Index

Chinese Stocks in Hong Kong: +316, +3.7% to 8,888, 10-07-11, HSCE Index

Shanghai Stocks: Closed for holiday 2,359, 10-07-11, Shanghai Composite Index.

Chinese Stocks in the U.S.: +8.3 to 361.0, 10-06-11, Bank of New York Mellon, ADR Index-China

Insight: Hong Kong rallied in tandem with U.S. and European markets as fears subsided, at least temporarily, concerning European debt and the U.S. economy. Major China port operator Hutchison Whampoa (PINK HUWHY; 0013 in Hong Kong) jumped 10.5% after reporting that its stock price was at a discount of nearly 50% to its net asset value. KGI Research

Quotable: "We expect the improved sentiment would last for a while longer." BOCOM International. 10-7-11

Chinese Company to Watch: Alibaba, e-commerce provider (OTC ALBY; 1688) "If the Company succeeds in acquiring Yahoo!, the scope and scale of the Company’s business will further expand. Alibaba’s current share price is relatively attractive, we believe that the acquisition rumor will serve as a catalyst for its stock price and therefore advise a bargain hunt for Alibaba." CFSG. 10-6-11

Brokerages and analysts cited have disclaimers on their websites emphasizing their statements are for information only. They do not endorse my blog, and I don't endorse them.
For a list of Chinese companies sold in the U.S. and information on each company go to http://www.adrbnymellon.com/dr_country_profile.jsp?country=CN

OCTOBER 4, 2011 -- LOOMING GREEK DEFAULT ROILS MARKET

DAILY FIX
 
Hong Kong Blue Chips: -572, -3.4%, to 16,250, 10-04-11, Hang Seng Index

Chinese Stocks in Hong Kong: -306, -3.6% to 8,102, 10-04-11, HSCE Index

Shanghai Stocks: Closed for holiday 2,359, 10-04-11, Shanghai Composite Index.

Chinese Stocks in the U.S.: -11.1 to 338.8, 10-03-11, Bank of New York Mellon, ADR Index-China

Insight: The prospect of a default by Greece and of slower Chinese economic growth again forced prices down sharply in Hong Kong. Mainland banks continued to slide: CCB (CICHY OTC; 0939 in Hong Kong) fell more than 3%. One gainer was Smartone (PINK STTFY; 0315) which rose 5.3% on talk Apple would soon launch iPhone5. KGI Research

Quotable: "Hong Kong market will continue to fall in Q4, thus investors should stay cautious and avoid heavy operation." CFSG. 9-30-2011

Chinese Company to Watch: Sinopec. "According to our earnings estimate, the counter is presently trading at undemanding 2011 PER of 7.1x representing a deep discount to the sector average of 9x. We see limited downside risk on share price." Guoco Capital. 10-3-2011

Brokerages and analysts cited have disclaimers on their websites emphasizing their statements are for information only. They do not endorse my blog, and I don't endorse them.
For a list of Chinese companies sold in the U.S. and information on each company go to http://www.adrbnymellon.com/dr_country_profile.jsp?country=CN

OCTOBER 3, 2011 -- CHINA BANKS LEAD HONG KONG LOWER

DAILY FIX
 
Hong Kong Blue Chips: -771, -4.4%, to 16,822, 10-03-11, Hang Seng Index

Chinese Stocks in Hong Kong: -509, -5.7% to 8,917, 10-03-11, HSCE Index

Shanghai Stocks: Closed for holiday 2,359, 10-03-11, Shanghai Composite Index.

Chinese Stocks in the U.S.: -9.4 to 349.9, 09-30-11, Bank of New York Mellon, ADR Index-China

Insight: A sharp drop on Wall Street Friday and growing worries over bad loans at Chinese banks helped trigger a sell-off of China stocks in Hong Kong. Chinese financials were hit hard: ABC (ACGBY) -8.1%. KGI Research

Quotable: "For the coming week, investors will pay attention to the release of key US economic data, including retail sales on Monday, ISM Non-Mfg Index on Wednesday and unemployment rate on Friday. Nevertheless, the equity market is unlikely to see a significant rebound in the short-term, as the overall sentiment remains weak and nobody is willing to buy stocks at this moment. We see the HSI may test the next support level of 17,000." BEA Securities. 9-30-11

Chinese Company to Watch: "Lenovo agreed to form a joint venture with Compal Electronics (2324 TT) to make notebook computers in China, an unusual tie-up between a major brand and a contract manufacturers. Lenovo hopes it will help move up its global PC ranks." BEA Securities. 9-30-11

Brokerages and analysts cited have disclaimers on their websites emphasizing their statements are for information only. They do not endorse my blog, and I don't endorse them.
For a list of Chinese companies sold in the U.S. and information on each company go to http://www.adrbnymellon.com/dr_country_profile.jsp?country=CN