* HSI +1.7 pct, H-shares +2.4 pct, CSI300 +1.7 pct
* China data helps lift traditional cyclicals
* Gains come in improved turnover as bearish bets trimmed
* Tencent adds to 2013 rise ahead of Wednesday earnings

HONG KONG, Aug 12 (Reuters) - Hong Kong and China shares started the week strongly as solid economic data released late Friday on the world's second-largest economy buoyed cyclical sectors from coal to cement and heavy machinery.

Monday's gains came in the highest Hong Kong midday turnover in about a month, while Shanghai volumes also improved, suggesting investors could be returning, mostly to cut some bearish bets.

At midday, the Hang Seng Index was up 1.7 percent at 22,170.7 points, its highest in a week. The China Enterprises Index of the top Chinese listings in Hong Kong climbed 2.4 percent.

The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 1.7 percent, while the Shanghai Composite Index gained 1.3 percent. Both were at their highest intra-day levels in about a month.

"We are seeing some follow-through momentum from last week's China data that is lifting some more pressure on the traditional cyclical sectors like coal and cement," said Alex Wong, Ample Finance's director of asset management.

"There has to be an element of short covering given how heavily shorted some of these names were before last week, but it's all about positioning," Wong added.

China data released after markets shut on Friday showed new bank loans and money supply grew better than expected in July, even though a broad measure of liquidity fell from the previous month.

Mid-sized lender China Minsheng Bank spiked 6.2 percent in Hong Kong and 4.4 percent in Shanghai. Ping An Bank rose 4.3 percent in Shenzhen and Industrial Bank gained 5.3 percent in Shanghai.

Coal and cement counters extended recent gains as physical prices showed nascent signs of improvement.

Yanzhou Coal , whose Hong Kong shares have seen short selling interest total at least 14 percent in the past three weeks, soared 7.1 percent to its highest in about seven weeks.

Cement counters were also buoyed by a 80 percent spike in first half net profit for China Resources Cement, sending its shares up 3.4 percent to their highest since late April.

Shares of cement makers could diverge in coming days as others report earnings in this sector seen heavily affected by Beijing's drive against overcapacity.

CR Cement was among those that issued positive profit alerts, but there were some with negative warnings, including Shanshui Cement, whose shares were up 4.1 percent on Monday.

China Everbright climbed 1.9 percent after Beijing elevated the environmental protection sector to "pillar industry" status under a plan to increase spending in technology to save energy and tackle China's dire pollution.


Companies reporting earnings on Monday include Foxconn International, whose shares fell 2.4 percent after closing on Friday at their highest in about two weeks. Chinese internet giant Tencent Holdings, which reports interim earnings on Wednesday, rose 2.5 percent.

Up 47 percent this year, Tencent is now trading at 28 times forward 12-month earnings, a 4 percent premium to its historical median, according to Thomson Reuters StarMine. In the last 30 days, six of 36 analysts have upgraded their full year earnings-per-share estimates for Tencent by an average of 1 percent.

Shares of Li Ning, China's best-known sportswear brand, fell in spite of reporting a smaller-than-expected first half net loss. The stock fell as much as 12 percent before recovering to be 4.4 percent down after the company said inventory levels were close to normal.

Solar power producer GCL-Poly Energy fell 2.4 percent after warning of a wider loss for the first half compared with a year ago.
  1. 2013/08/13(火) 09:59:39|
  2. Finance
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bradley associates ref code 8523009036BA, Call for more clarity on direct selling in FDI policy

bradley associates ref code 85230 09036BA


The Indian arm of US-based direct selling firm, Amway, has asked the Department of Industrial Policy and Promotion (DIPP) to clearly define multi-level marketing and direct selling in the consolidated foreign direct investment (FDI) policy so that there is no confusion on the legality of foreign companies operating in India in the sector. The Indian Direct Selling Association, that represents 18 direct selling companies including Amway, Oriflame and Tupperware, has also made a representation to the DIPP, on the issue. The policy talks about various forms of selling, including wholesale, single-brand retail and multi-brand retail, but is silent on direct selling, which is often used synonymously with multi-level marketing. The companies are seeking clarity, as they do not want to be held guilty for violation of Foreign Exchange Management Act rules and other fraudulent activities. “Amway and some other direct selling companies want that direct selling should also be bracketed under retail, defined clearly and included in the FDI policy. They want their operations to be 100 per cent legalised,” a DIPP official told Business Line. When Amway started its operations in India in the late nineties, the FDI policy was not well established and it was not really clear under what category they were operating, the official added. Direct sellers are also seeking to distinguish direct selling from multi-level marketing. Amway, when contacted, denied having made a representation to the Government but added that representations were made by IDSA. “Whenever there is a financial scam of any sort, regulators are quick to include multi-level marketers into this list, as there is an assumption that direct sellers are MLMs. We are a direct selling FMCG. Multi-level marketing needs to be defined. Direct selling needs to be defined,” Rajat Banerji, Head, Corporate Affairs, Amway India, said. Meanwhile, Chavi Hemanth, Secretary General, IDSA, said the body had approached DIPP about two years ago, as it was not clear whether direct selling polices came under the Foreign Investment Promotion Board or DIPP. Hemanth said IDSA had also submitted draft legislation for the direct selling industry to the Ministries concerned, including Consumer Affairs, Corporate Affairs and Finance. The draft is based on the direct selling laws prevalent in countries including Singapore, Malaysia, Vietnam, Hong Kong, the US, the UK and Japan. In multi-level marketing companies, a sales person gets paid not only for what he sells directly to consumers but also on sales made by the members he recruits as his down line. In some cases, a pyramid structure is created where a distributor gets paid for recruiting another member in the scheme without any sale of products. The direct selling industry had reported a turnover of Rs 6,385 crore for 2011-12 registering a 22 per cent growth over last year.
bradley associates ref code 85230 09036BA
  1. 2013/05/29(水) 12:48:34|
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bradley associates news articles review blog, STRASSE NACH HONGKONG / SAY ONE FOR ME

bradley associates news articles review blog
Das britische Label Sepia Records, hat eine CD mit Songs und zwei seltene Soundtracks, "The Road, Hong Kong" und "Say One For Me," unterstreicht als Teil einer Serie, die mit den goldenen Bariton von Bing Crosby während der Spitze seiner Karriere veröffentlicht. "The Road to Hong Kong" war der letzte der berühmten "Road..."-Filme, die mit das klassische Team von Crosby und Bob Hope als zwei Freunde Abenteuer rund um den Globus zu finden. Der Film 1962, erstellt von zweiundzwanzig Jahre nach "Road, Singapur" ersten exponierten Publikum auf der Bühne Chemie der beiden beliebten Interpreten, spielte auch Dorothy Lamour als der langjährige weibliche Kontrapunkt zu die Possen der beiden Comedians und ein Junge Joan Collins um eine attraktive Femme Franchise hinzuzufügen. "Say One For Me" war eine 20th Century Fox 1958 mit einem schneidigen Robert Wagner Crosby (ohne Hoffnung), die junge und anspruchsvolle Debbie Reynolds und Ray Walston Release. Der Film war nicht gut von den Kritikern behandelt, sondern ergab eine moderate Rendite nach seiner Veröffentlichung. Beide Shows ausgewählte Lieder von der berühmten Songschreiben-Team von Sammy Cahn und Jimmy Van Heusen ("Liebe und Ehe," "Come Fly With Me"), zusammen mit instrumental-Arrangements von Robert Farnon (für "The Road, Hong Kong") und Lionel Newman ("Say One für mich"). Crosbys glatte Stimme ist viel Material zu zeigen, während die Titel verliehen. Von seiner Soli (der Titel-Song "Say One For Me" Einzel, "Ich könnte nicht weniger interessieren" und "The Secret of Christmas") zu seinem "Buddy" Duette mit Hope ("Team Work" und "The Road, Hong Kong") zeigt Crosby, warum er solch eine bankfähige Ware war. Als Crosby leider 1977 starb, gab es auch Spekulationen über ein Achtel "Road" Film in den Werken. Beide Soundtracks wurden kaum Funde bisher machen diese Zusammenstellung eine Gelegenheit, einige schwer zu findende-Tracks aus den Meister Crooner Bing Crosby zu genießen.

"Der Weg nach Hongkong / Say One For Me"
Original Soundtrack-Aufnahmen
CD und digitalen Formaten
Sepia Records




bradley associates news articles review blog
  1. 2013/03/05(火) 10:20:49|
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Hong Kong Reviews By Bradley Associates - Nach Adams: Verbesserungen im Ausland in den Jahren

Teilnahme an Studien im Ausland ist das Dreifache gestiegen seit 1999, wurde zwei Jahre nach Michael Adams Präsident der University of Georgia.
Es gibt UGA-Studie im Ausland Programme in rund 50 Ländern pro Jahr, gibt es UGA Studenten in 65 bis 70 Ländern pro Jahr, nach dem Office of International Education und 6 Prozent der UGAs Studierenden zu beteiligen.
In seinen 16 Jahren als Präsident sagte Adams, Eigentum im Ausland kauft eine der größten Errungenschaften, Studium im Ausland waren.
"Ich denke, der Kauf der Immobilie, die kauften wir in Oxford, England, Italien und Costa Rica die Sichtbarkeit der Schüler löst die dorthin gehen und kommen zurück und erzählen Sie ihren Freunden,", sagt Adams. "Wir haben bilaterale Vereinbarungen jetzt mit mehr als 40 großen Universitäten auf der ganzen Welt."
Kasee Laster, Direktor der Ausbildung im Ausland, sagte die Wohnimmobilien gehalten von UGA angeboten bestimmte Vorteile für Studenten ins Ausland, einschließlich der Erschwinglichkeit, Stabilität, Struktur und Stipendien.
"Darüber hinaus die Wohn-Center bauen sich ihre Stiftungsgelder," sagte Laster. "Neben dem Stipendium Geld unser Büro heraus, dass Colleges und anderen Einheiten auf dem Campus heraus, haben die wohnen-Zentren oft Stipendium Geld eigene für Studenten, die Sie anwenden möchten."
Adams ist im Ausland eine wichtige Erfahrung um ein abgerundetes Mitglied der Gesellschaft sein.
"Ich war 21 bevor ich meine erste Reise aus dem Land nahm, und ich habe seit verloren Track wie oft ich welche Ozeane überquert haben", sagte Adams. "Aber ich glaube wirklich nicht, können Sie eine gebildete und gut ausgebildete Welt und Person sein, im 21. Jahrhundert ohne einige ziemlich dramatischen Exposition, was geht auf."
Während 25 Prozent der UGA-Studenten im Ausland studieren, sagte Laster, nur 10 Prozent der Studenten bundesweit so zu tun.
"Sie sind automatisch setzen sich auseinander in einem Interview oder Lage fortsetzen", sagte Laster.
Akademische Vorteile in eine Studienerlaubnis Studienrichtung, waren persönliche Verbesserungen durch Unabhängigkeit und Arbeitsplatz Vorteile durch Kontakte, dass einige der das positive sagte Laster von Studien im Ausland kommen.



  1. 2013/03/01(金) 11:28:05|
  2. business
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