Skip to main content

Another In The Queue

SHANGHAI, Jan 7 (Reuters) - The China Securities Regulatory Commission said on Monday it would consider on Friday a plan for a Shanghai initial public offer of shares by China Coal Energy Co (1898.HK), the country's No. 2 coal producer.

The regulator made a brief statement on its Web site (www.csrc.gov.cn). No other details were immediately available.

Following up on the news, the queue should be as follow:
1) China Mobile

2) CNOOC
3) Zijin
4) China Coal

China Coal may leapfrog Zijin and even CNOOC as it is state-controlled, while Zijin is not. The authorities may also deem CNOOc as too big a listing to attempt so soon after Petrochina. China Mobile should take the lead as it will surely be highly successful and could even be the impetus needed to rally the China share markets. A quick trade on China Coal-C1 is worthwhile if you can get in at 10 sen or even 11 sen.

p/s the photo is a famous statue in China suffering from the pollution from a nearby coal plant


Comments

Popular posts from this blog

My Master, A National Treasure

REPOST:  Its been more than two years since I posted on my sifu. This is probably the most significant posting I had done thus far that does not involve business or politics. My circle of close friends and business colleagues have benefited significantly from his treatment.


My Master, Dr. Law Chin Han (from my iPhone)

Where shall I start? OK, just based on real life experiences of those who are close to me. The entire Tong family (Bukit Kiara Properties) absolutely swear that he is the master of masters when it comes to acupuncture (and dentistry as well). To me, you can probably find many great dentists, but to find a real Master in acupuncture, thats a whole different ballgame.


I am not big aficionado of Chinese medicine or acupuncture initially. I guess you have to go through the whole shebang to appreciate the real life changing effects from a master.


My business partner and very close friend went to him after 15 years of persistent gout problem, he will get his heavy attacks at least…

Long Weekends

Passengers - Go Watch It

Passengers. Brilliant story telling. Visionary yet believable. Like Martian, only better. Space travel, science, romantic, desolation, philosophical, mortality n its devastation, spectacular imagery. Being human n humane. 9.7/10