Yanlord Land    Last:0.5   -

Lord of China Prop

I think it's forceselling only.

bishan22      ( Date: 29-Feb-2012 16:20) Posted: What happened?????

 

Maybe because no dividends given.

bishan22      ( Date: 29-Feb-2012 16:20) Posted: What happened?????

 

What happened?????

 

Chinese Banks

      Futures on the Standard & Poor's 500 Index were little changed
today. The index rose 0.1 percent in New York yesterday on
better-than-estimated housing data and as financial shares rallied.
      Mainland lenders gained after the China Securities Journal reported
the China Banking Regulatory Commission allowed banks to keep lending to
local governments for road construction and other projects. The
regulator had previously allowed new loans only for building affordable
housing units, it said.
      China Minsheng Banking increased 2.5 percent to HK$7.50.
Industrial & Commercial Bank of China Ltd., the world's biggest lender,
climbed 1.3 percent to HK$5.59. Bank of Communication Co.
advanced 2 percent to HK$6.18.
      China may loosen property-market policies as early as the end of the first quarter, Helen Qiao, an economist at Morgan Stanley, said in
Beijing yesterday. Increasing pressure from local authorities may cause
the change, she said.

                                        Earnings Performance

      Hang Seng Bank climbed 2.4 percent to HK$103.90 after the lender
said full-year net income rose 12 percent to HK$16.7 billion ($2.15
billion). That beat the HK$16 billion average estimate of six analysts
surveyed by Bloomberg News.
      Of the 36 companies in the Hang Seng Composite Index that posted
earnings since Jan. 9, 16 companies missed analysts'
estimates, while six exceeded expectations, according to data compiled
by Bloomberg News. Sun Hung Kai Properties Ltd., Sino Land Co and PCCW
Ltd. are among companies due to report today.
      Road King gained 1.1 percent to HK$5.31 after saying full- year
profit increased 31 percent to HK$818 million.
      HKT Trust and HKT Ltd. jumped 3.2 percent to HK$5.48 after the
owner of Hong Kong's biggest telecommunications company said profit rose
32 percent to HK$1.22 billion in the 12 months through December.
      The recent rally boosted the price of shares in the Hang Seng Index
to 10.8 times estimated earnings as of yesterday.
That compares with 13.1 times for the Standard & Poor's 500 Index and
11.times for the Stoxx Europe 600 Index.
      Futures on the Hang Seng Index expiring this month rose 0.6 percent
to 21,324. The HSI Volatility Index slid 2.5 percent to 22.52,
indicating options traders expect a swing of 6.5 percent in the
benchmark index over the next 30 days.

 

Hong Kong Stocks Climb on Earnings, Chinese Policy Speculation 2012-02-28 04:32:34.21 GMT By Jonathan Burgos Feb. 28 (Bloomberg) -- Hong Kong shares rose amid speculation China will ease monetary policy to spur growth and as companies from Hang Seng Bank Ltd. and Road King Infrastructure Ltd. posted higher earnings. China Minsheng Banking Corp. climbed 2.5 percent, pacing gains among Chinese lenders, after a report mainland regulators allowed banks to extend loans to local governments for infrastructure projects. Hang Seng Bank, a Hong Kong lender majority owned by HSBC Holdings Plc, gained 2.4 percent after profit beat estimates, while highway operator Road King rose 1.1 percent after full-year net income increased 31 percent. "There's a likelihood of further monetary easing in China," said Cedric Ma, Hong Kong-based senior investment strategist at Convoy Asset Management Ltd., which oversees about $200 million. "The market still has some legs as long as there isn't a blowout in Europe. Except for export-related companies, earnings of Hong Kong companies look OK." The Hang Seng Index added 0.4 percent to 21,302.65 at the midday trading break in Hong Kong. The gauge rose 15 percent this year through yesterday on signs the U.S. economy is improving, on optimism Europe will contain its debt crisis and amid bets China will relax monetary policy. The Hang Seng China Enterprises Index of mainland companies listed in the city rose 0.6 percent to 11,604.45.

 

bro ah fai, we need to see rally! pls do your best!!!

 

there is some school ot thoughts that expect yanlord to soar to 2.2 !!!

hang on to your stocks as we could expect a new high

 

we need a rally .... once its up, it should hold steady especially with the easing one luxury purchase in china....huat argh!!!!!

 

ah fai ...come to the rescue plssssssssssss!!!!!!

 

Today yanlord still holding storng. No bad !!!

 

u can still buy at 1.46 bro...wen it hits 1.7, sure can make 24 cts )

gavinl      ( Date: 22-Feb-2012 11:49) Posted: Silly me,sold off at 1.46.

 

Attended the same course oredi bro .TA is good but nowadays all is driven by sentiments so , i oso dunno how to think liao.we can meet for kopi or geylang to celebrate once yandl or hit 1.7 )

 

huat argh!!!!!

 

 

Thought u know TA is Technical Analysis from the chart, bro.. some form of chart traders refer to when they want to enter price.. Anyway, I'm looking into trading part-time, so trying to find some kakis to trade tgt and share ideas as well. Appreciate that you let me know your decision to meet up. :D Huat ah!

 

 

wads TA bro?i am openn to suggestion

  yesterday yandlord did well

 

Huat ah, bro HARLEY!! I was thinking of meeting you 1 fine day to figure out further abt TA. Don't know if you're interested.. I've in fact learned some trading skills and based on paper trade, I'm confident of 'manipulating' my trade in the long term..

 

SHANGHAI (Dow Jones)--Shanghai is allowing long-term residents to buy a second home in the city, the Shanghai Securities Journal reported Wednesday citing an unnamed official from the city's housing bureau. Only those holding a Shanghai residency permit for more than three years are eligible to do so, as they are granted the same home purchase concessions as people who have a "hukou," or permanent residence permit, the newspaper cited the official as saying. Few real estate agents and home buyers knew of the three-year concession and so view it as an easing of home purchase restrictions, the newspaper said. Property stocks rose after the report and led a rally in the Shanghai Composite Index. At 0410 GMT, the A-share property subindex was 2.7% higher at 1181.19, with the benchmark Shanghai Composite Index 0.6% higher at 2396.17. The housing bureau said the concession has been in place since restrictions were implemented last year, the newspaper said, though it isn't specified in the property regulation. The bureau in February 2011 said home owners without a "hukou," aren't allowed to buy a second home, but didn't mention any time frame. It also said that before buying a first home, non-hukou holders must pay income tax or social security for at least a year. Analysts said home purchase restrictions comprise a critical component of the central government's property market tightening policy, and so it is possible the central government will pressure Shanghai authorities to withdraw the concession. Housing prices and sales in Shanghai and many other Chinese cities have fallen in recent months due to the tightening policy, and analysts expect further price corrections as central government officials have recently reiterated their determination to cool the overheated market. Local authorities have been starved of revenue from land sales and property taxes because of the tightening policy, and so have introduced fine-tuning measures to support their housing markets. But some such measures have been struck down by the central government--most recently last week in the eastern city of Wuhu--indicating a lack of tolerance toward those attempting to circumvent national policy. "We aren't sure whether the central government will object to Shanghai's extension of the definition of a 'hukou' resident," said CIMB Securities analyst Johnson Hu. Hu also said local governments' relaxing of home purchase restrictions will nonetheless become a trend.

 

Let us hope tomorrow YL will make another run to the moon!! ~~

 

wow! bro everstrong , your were rite at least 1.70! 

fly me to the moon....i have a lot invested in this counter! 

 

yanlord fly to the moon because of this

China Stocks Rise for 4th Day on Outlook Shanghai Is Easing Property Curbs
By Bloomberg News - Feb 22, 2012 11:37 AM GMT+0800  China’s stocks rose for a fourth day on speculation Shanghai, the nation’s financial center, will relax property curbs to prevent slumping real-estate prices from undermining the world’s second-biggest economy. China Vanke Co. (000002) and Poly Real Estate Group Co. led a gauge of property companies to its highest level in three months after the Shanghai Securities News reported the city eased home purchase restrictions to allow a broader pool of buyers to buy a second property. Industrial & Commercial Bank of ChinaLtd. and Bank of China Ltd. slid at least 0.9 percent after the same paper reported lending by the four biggest banks may be down from January. China’s manufacturing may shrink for a fourth month in February, a survey of purchasing managers indicated. The Shanghai Composite Index (SHCOMP) climbed 11 points, or 0.5 percent, to 2,392.16 at the 11:30 a.m. local time break. The CSI 300 Index (SHSZ300) rose 0.9 percent to 2,584.27. The Bloomberg China-US 55 Index (CH55BN), the measure of the most-traded U.S.-listed Chinese companies, retreated 2 percent yesterday in New York. “We will see policy easing and improvement in liquidity throughout February,” said Li Jun, a strategist at Central China Securities Co. in Shanghai. “What we need to closely watch out for is coming economic data to verify the market expectations about an improvement in the economy.” The Shanghai Composite has rebounded 8.8 percent this year on expectations the government will ease monetary policies to bolster economic growth that cooled to the slowest pace in 2 1/2 years in the fourth quarter of 2011. The measure trades at 9.9 times estimated earnings, compared with a record low of 8.9 times on Jan. 6, according to weekly datacompiled by Bloomberg. Property Easing A gauge of property companies in the ShanghaiComposite surged 2.4 percent, set for the highest close since Nov. 4. Vanke, the nation’s biggest listed property developer, gained 2.3 percent to 8.10 yuan. Poly Real Estate, the second biggest, advanced 1.7 percent to 11.17 yuan. Gemdale Corp. gained 1.8 percent to 5.54 yuan. Non-local residents in Shanghai are now qualified to buy second homes once they have held residence permits for 3 years, the Shanghai Securities News reported today, citing the city’s housing regulator. Residence permit holders previously were not allowed to buy second homes in Shanghai, the newspaper said, citing a Feb. 1, 2011 announcement. The easing of curbs aims to benefit the real estate market, it said, without citing anyone. Securities News is operated by the Xinhua News Agency. Falling Home Prices “This is certainly a measure of easing,” said Jack Gong, a Hong Kong-based analyst at Jefferies Group Inc. “But the easing by the local government doesn’t mean the central government will loosen its property controls.” None of the 70 cities monitored by the government posted gains last month as Premier Wen Jiabao reiterated his determination to maintain property curbs. New home prices in Shanghai, Beijing, Shenzhen and Guangzhou declined for a fourth month, the National Statistics Bureau said in a statement on its website on Feb. 18. Falling home prices fueled an attempt by China’s smaller cities to release tightening on property policies. The eastern city of Wuhu was the first Chinese city this year to ease measures ordered by the central government by waiving a deed tax and subsidizing some home purchases. The move was suspended three days later, following the outcome of a similar attempt in October by Foshan in southern China. China’s manufacturing may shrink for a fourth month in February as Europe’s sovereign-debt crisis damps exports and the housing market cools. The preliminary 49.7 reading of the PMI index compares with a final 48.8 in January. January and February economic data are distorted by a weeklong Chinese holiday. Banks Decline “With a meaningful rebound of domestic demand not in sight, external weakness is starting to bite, adding more downside risks to growth,” Qu Hongbin, a Hong Kong-based economist for HSBC, said in today’s statement. ICBC, the biggest lender, fell 0.9 percent to 4.42 yuan. China Construction Bank Corp., the second largest, slipped 0.2 percent to 4.87 yuan. Bank of China dropped 1 percent to 3.05 yuan. China’s four biggest banks lent a combined 70 billion yuan in the first three weeks of February, Shanghai Securities News reported, citing an unidentified person familiar with the matter. February lending by the four banks may be lower than January, the newspaper cited a China International Capital Corp. report as saying. New lending was 738.1 billion yuan last month.

 

Yanlord surged to 1.50. Got good news on the horizon?

 

Silly me,sold off at 1.46.