China second rate hike expected after 2007

forestbird Associate  Offline Posts: 1,366

China going to raise Interest Rate over weekend ! Local market will get a hit ! « on: December 07, 2010, 11:14:30 AM » 0   Quote The long awaited worry finally here ! China top daily reported China centre bank to raise interest rate over this weekend ! Once China raise interest rate, other Asian countries expected to follow the tune ! Shanghai composite down more than 1 pc now ! Bad news for USA ! Last week poor US jobs data ,investors still stayed firm but tonight they have very good reason to dump the shares ! So tonight  DJ expected to down at least 200 points ! 2morrow Malaysia market expected to get a hit ! Just Becareful ! Dun get trap in the market 2morrow  !

247	Stock Markets / KLSE / Re: China going to raise Interest Rate over weekend ! Local market will get a hit !	on: December 07, 2010, 11:41:53 AM
China interest hike move mainly targets on Property market.  Because China property market causes massive inflation in food and groceries esp in October.   China stock market looks not so attractive in 2010 having Shanghai Stock Index fluctuates in between 3000-3500 range for more than 12 months now. Ever since Warren Buffett shorted PetroChina, most Chinese switched their investment to property market.  Actually our PChem scenario is seen as another replay of PetroChina & Maxis.  Just that who is responsible for PChem, we don't know.  KLSE lost 10% of its magic mainly because of PCHEM and KBunai. With Sarawak election drawing near, it seems that BN gov is preventing both counters from further downfall. This year, most Chinese people pick property as first choice investment.  With the current trend now, real estate property values going to double up in every three years.  The interest rate hike is launched along with credit tightening move aimed at property market.  It will cause some impact like 10% down to Chinese listed banks, like BOC, CCB, ICBC and ABC this week.  However, the interest rate hike brings good news to local cash rich firms like KFC & CBC others. 225  Stock Markets / KLSE / Re: IJMPLNT Second Quarter Result - EPS = 5.91 Sen ! on: December 09, 2010, 12:19:58 AM Karen, I really want to recommend you good stock.  Just don't buy IJMPLNT first, cos still need a new quarter result to fly.  HSPlant is already too expensive. 1.You can play IJMLand Wa like Forestbird, buy 1.08 sell 1.20. 2.You can buy some IJMLand Wa because 1.75-1.78 is not bad for this week, and sell may be 1.88 for fast profit, or big profit like 2.00 if merger on 15 Dec is announced and Newco establish very soon. 3.Don't buy until HK market is stable first.  Got rumours about China interest hike this month.  I bet it won't happen only until mid 2011, since Aussie just declared they will stay on the old interest rate.