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Pharmaceutical like companies like Reyoung and C&O also worth taking a close look.
TJ is a dual listing in SSE & SGX, shares not really transferable between both bourses. The recent sharp rise in TJ SSE listing likely due to some analyst report or good going forward prospect. Speculation of arbitrage trading between them sparks the buying interest lately...As long the likelyhood exist, this TJ likely to run fast up anytime...
DJ MARKET TALK: Tianjin Zhong Xin +16.1%; S$0.50 Resistance (2008/01/07 16:39PM) -------------------------------------------------------------------------------- 0839 GMT [Dow Jones] Tianjin Zhong Xin Pharmaceutical (T14.SG) +16.1% at more than 2-month high of US$0.47 in active trade, prompting queries from SGX. China-based drugmaker says it''s not aware of any reason behind stock''s movement. Local house dealer says speculation of share fungibility, allowing for arbitrage trading between Singapore and Shanghai, may be driving interest; "the stock has been trading at a steep discount to its (Shanghai) listing." Resistance tipped at S$0.50, last tested in October. Shanghai-listed shares (600329.SH) up 10% at CNY15.20 (US$2.09). (FKH)
till now,they never mention about dual listing.anyway tis year they are making profit till now,plus they jst sold a piece of land.updae price in china...rmb15.80 up 2%
Is TianjinZX considered a dual listing? How could price disparity be so so wide? With scriptles trading, how could one transfer shares bought in Singapore bourse and sell it off Shanghai bourse? Could price be beaten down in Shanghai and 'meet' Singapore price somewhere a little higher than the current price?
Tianjin in SSE is trading higher and higher for the past few days....likely to have good news coming...Locally bourse tianjin will probably feel the "HOT WIND' soon...
this share is up another 5.26% ..rmb16.00 in SSE
watchout!yesterday it hit 10% limit jst less than 1 hour trading..and stay all day high rmb15.20.it wont stop there.dnt sell,wait for the heat to spread over .
jst wait ....no hurry to sell....so huge discount compare to local price...mayb tis will be my big new year ANG PAO!
QDII list out on 8 jan 2008.....
Hope it fly high
wactchout for this stock....friday it up 10% tis morning up another 10% in china stock mart...now is rmb15.20......still remember last few month it only trade at rmb 9 + range,and spore mart it trade up until us59cts....
where is the volume???those market volume creaters suddenly disapear......i think they are making a huge sum.....now they are waiting contra players to sell back their share........i sold some ...now also waiting to pick some ......
QDII wil buy those blue cheap china share in singapore..tat is for sure....dnt rule out it wil buy tis tianjin also...65% discount compare to shanghai stock exchange.....tat mayb explain the high volume n price up for the past few days.......tis is the only 1 share tat traded in sse...
C H E O N G AH!
Good volume again 7mil done yesterday clse at high.Now waiting to breakout.
I need the bull dowzer to clear the 56.
good volume,up trend priceand better price coming soon.