
Despite all those good news,this counter doesnt really move today.Anyone know why?
China Hx currently in very much over bought zone.........
If interested in it, i thk wait for it to go into correction 1st.
gavinl ( Date: 10-Sep-2010 17:37) Posted:
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Not really it all depends. N current Hong xing price quite high up. The meat may not be much left. That my opinion.
As for China Sport it is still trying to break its 200MA, once successful break above, it can drift further high up. N looking at it currently price, there still quite an amt of meat in it compare to Hong xing
des_khor ( Date: 07-Sep-2010 00:35) Posted:
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Any sifus out there have any expert views on this counter
CHINA HONGXING RECEIVES RMB 1 BILLION ORDER BOOK IN TRADE FAIR
wishbone ( Date: 08-Sep-2010 17:25) Posted:
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This counter todae gd run. Hope other counter like China Sport will follow closely.
Cheer!!!!

Remember people still prefer high PE stock !
shadowmoon ( Date: 01-Sep-2010 20:18) Posted:
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China Hongxing next target price is $0.20 followed by $0.23.
http://mystocksinvesting.com/singapore-stocks/china-hongxing/china-hongxing-where-is-the-target/
jumbos ( Date: 01-Sep-2010 15:35) Posted:
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China Hong Xing PE too high up. And looking at current price, china sport may have more meat.
albeniz ( Date: 01-Sep-2010 20:11) Posted:
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China HongXing and China Sports. Which has better fundamentals?
What is target price for this bull?
China HongXing is getting ready to charge!
http://mystocksinvesting.com/singapore-stocks/china-hongxing/china-hongxing-breakout/
Different analyst will give you different answers based on what they know have, assumption and motivation. In terms of trading of stocks, hard facts like market price movement and volume will tell you the difference. ChinaSports closing price unchange and not in top 20 vol counters.
Both are in similar sports industry, how does China Hong Xing compare with ChinaSports?
Which has a better business strategy and prospect?
Which is less risky?
Based on today top vol counter and closing price, up 1cent at 16.5cent, While some people avoid China Stocks, CH seems to be hot nowadays... top 20 counter past days. Its sports accessory business are expanding in China, as well as with huge cash balance to deploy..something good is going to happen who knows?
no post for abt 2 weeks period for this top volume counter today... trying to breakabove 200SMA. Noticed high volume for the past 1 week... something's happening?

the share is consolidating now and gathering force to break the 200 SMA...let wait until stochastic indicator return to 50% zone and monitor.
well, hard to trust china companies while there are so much corruption in china.
the sudden increase stock price most likely indicator some institution mass buying...let hope it go pass the resistance (i also holding hongxing :P)
couldn't believe that hx could fell to near 11cents from.........24 at its peak not so long ago, just this year. Its good to know that it rise back quite a bit from the recent lows. :)
but still, china share is that unpredictable.......... it moves fast up n it can also be thrown down very fast.. and there are also reservation over reporting..
reporting big profits but does not declare dividends makes investor edgy that, its all about paper money n not real cash that can be distributed. I m not referring to hx. But analysis do mentioned that hx is one of those sino company that have good corporate governance.
the recent fall was due to its profit warning. If business is good, it should do well.
the other one is china sports...... did not monitor both wonder how is it doing now ?
Let see whether the uptrend can continue.
http://mystocksinvesting.com/singapore-stocks/china-hongxing/china-hongxing-will-continue-the-up-trend-if/
the fact that china is going to appreciate it currency would affect hongxing export...most likely there will be some drop in earning when 2nd quarter financial is reported...