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Sigh.... very tragic situations in Myanmar and China.
At least in China, the government is open and responding well to the crisis. In Myanmar, the government seems more concerned with politics than the human tragedy.
Salute to China Premier Wen Jia Bao for visiting the affected areas to encourage and bring up the morale of his countrymen.
No factory but MMP Reit has got a shopping mall in Chengdu its capital, dun know whether it caused any damage by the quake? Anyone got any info?
is there any SGX listed china factory at Si Huan? better not, else, the whole production line kena affected.. cannot deliver , si...
guys...it seem really bad man...
Trading suspended in 66 Chinese firms after deadly quake
SHANGHAI - Trading in 66 listed companies based in southwestern China were suspended from Tuesday after a massive earthquake with a magnitude of 7.8 rocked the region, the country's two exchanges said.
The decision was taken due to difficulties contacting the companies' headquarters, the Shanghai Stock Exchange said.
Trading of the shares of 45 listed firms based in Sichuan province and the municipality of Chongqing was suspended on the Shanghai Stock Exchange, while 21 firms on the Shenzhen Stock Exchange were affected, the exchanges said in statements on their websites late on Monday.
'The bourse has been unable to get in touch with listed firms based in Sichuan and Chongqing,' the Shanghai Stock Exchange said.
The death toll from the earthquake, which struck close to densely populated areas of Sichuan shortly before 2.30pm (0630 GMT) on Monday, has risen to nearly 10,000, the Xinhua News Agency reported on Tuesday.
Chinese share prices opened 3.07 per cent lower on Tuesday with investors nervous about the impacts of the deadly earthquake in China's southwest, as well as a bank reserve ratio hike, dealers said. -- AFP
Which are the good ones thow hold or will rebound fastest once things gets better?
top vol all china stocks... think they also kenna rambled by the earthquake...
shortist in action..
quake center WenChuan totally cut from outside till now. helicopter cannot see anything and not able to land due to bad weather. estimated 30k people there. all road destroyed, and rescue troops are progressing very slowly.
Beichuan reported so far was the worst hit area, one in ten residents died. However, Boonchuan death toll not known yet as comms was cut.
Hence, now is to wait leow. Those survive will make contact to inform families accordingly once they got means to call.
Hi, just trying to get some help here, maybe I know how to check the survivor in the city now? I have a Chinese colleague whose family is there, just want to make sure they are ok.
china earthquake should benefit steel companies...demand for steel due to reconstruction should soar, and supply now is already tight...hg metal, hupsteel and asia enterprise should benefit...
Oh no, my god, death toll 8800-10000 on earthquake. More to come. God bless loh.
Small scale ground jerking but sad to hear fatality, though few school kids. But first wave of earthquake is over, would be be another bigger scale one?? Pray not.
Would there be a earthquake in China Stock Market tomorrow, nobody know. Already see some S-Chips slightly down towards this news in the late afternoon. Shortist may be out tomorrow.....
so sad to know that there are children in school in the province of chongqin in china were killed when the school collapsed.. my prayers go out to them..
Maybe i am too sensative but really all china stocks retreat at least 1.5cts lower.... hope it wun go down too much.....
Did not read up on which company have assets in SICHUAN... so to cut the counter.....
Again,.... hope people there are fine....
places in thailand, taipei, vietnam also affected.. hope there are no fatalities.. so much of natural disasters recently.. cyclone in myanmar, tornadoe in US..
Will the latest earthquake happened in CHINA sichuan affected china listed stocks???? Hot news now on CNA....
Hope people there are safe.....
