Thursday, July 5, 2007

HKEX-C1 (0505C1) hits our target! Look at CCCC-C1

HKEx-C1 hits as high as 2.12 this morning, surpassed our TP of RM2.08.

It is still a HOLD for those serious investors who buy the idea of extension of QDII programs.

HKEx is defenitely benefited from the increasing numbers of listed companies and also the increasing turnover in terms of volume and value in the HK Stocks Exchange.

I STRONGLY URGE YOU TO LOOK AT CCCC-C1. Please refer to the table below.

CCCC-C1 should be trading at least 36 sen applying 15% premium , mother share is trading at HKD15.06.

It is trading at only 5.7% premium compares to BOC-C1 and SINOPEC-C1 of 22% and 20% respectively.

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