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Don't buy Equation..convertible loan stock approved..overhang of shares normally don't move for a long time.In fact if U really want to buy I think oculus better buy..may push up to near 32cts for its rights issue to be successful...see push from 18.5cts to 21cts this morning ..look out for Epure ta $1.69..gd for long term..majority controlled by Asean finance Corp
teeth53 and 787180 how is it to buy equation now guys.
If CHINA can only, if only.....Sell into strength.....keep some cash for raining day.
I think that the Chinese retail investment market is still very young. Mostly speculators. Also, I'm not sure if the Chinese government would allow that to happen. They control money outflow from the country very tightly.
seriously I couldn't imagine what it will be like if China residents are allowed to buy into overseas stocks...it will be MASSIVE
U hve seen how HK mkt recover spectacularly fast as China has allowed its residents to buy directly...previously only institutions are allowed to do so directly.
Zao Bao dtd 23Aug claims US$ 1.5 trillion may flood world markets if China allows all citizens to buy overseas stocks.
The SSE continues to hit new records crossing 5000 mark despite recent China's raise of interest rates again..looks like Chinese govt has to act faster as its own stock markets cannot be forced down too easily..this outburst of fund shd be allowed to find its way to other markets
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