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“Don’t Bet On Vegas. Not When China is on a Hot Streak” Investors who are betting on a comeback in Las Vegas should consider putting their chips on the other side of the Pacific. Macau has just confirmed reports that it has almost doubled its in gambling revenues. By comparison, Las Vegas is still straining [...]
Posted by Jim Trippon on Saturday, June 5, 2010 at 1:04 am
Filed under China Economy, China Market Commentary, Featured, Gaming, Hong Kong Market News, News by Sector · Tagged Deutsche Bank’s Hong Kong, Galaxy Entertainment Group (HKG: 0027), Las Vegas Sands (LVS), Macau’s casinos, Melco Crown Entertainment (MPEL), SJM Holdings (HKG: 0880), Stanley Ho, Wynn Resorts (WYNN)
“….the time to buy Chinese stocks is now, ” says Black Rock Inc. Issuing dire warnings about China’s economy and stock markets became a bit of a fad in financial media last month. Getting the most ink was Dr. Doom, Marc Faber, publisher of the Gloom Boom and Doom newsletter. Faber made headlines by saying [...]
Posted by Jim Trippon on Wednesday, June 2, 2010 at 5:44 am
Filed under China Economy, China Market Commentary, Featured, Financials, News by Sector · Tagged BlackRock Inc., Bloomberg, china stock digest, Chinese stocks, CLSA Asia Pacific Markets, Dr. Doom, European debt crisis, Franklin Templeton, Gloom Boom and Doom Newsletter, Marc Faber, Morgan Stanley, shanghai stock exchange, Shanghai World Expo
“Flat World”, famously observed by economist Thomas Friedman The “flat world”, famously observed by economist Thomas Friedman, is also very much a hurting world, at least as far as most shareholders are concerned. In Friedman’s vision of a “flat world” the entire planet is economically interconnected. Events in one region are felt instantly around the [...]
Posted by Jim Trippon on Saturday, May 29, 2010 at 3:40 am
Filed under China Economy, China Market Commentary, Featured, Financials, Hong Kong Market News, News by Sector · Tagged Australia's S&P/ASX 200, Dow Jones Index, Hong Kong's Hang Seng Index, India's Sensex, Indonesia's JSX, Japan's Nikkei Stock Index, North Korea’s Kim Jong-il, PIIGS, South Korean, Taiwan's Taiex, Thailand's SET Index, Thomas Friedman, “flat world”
Can You Hear Me Now? China’s Story Loud and Clear It seems that many financial writers, bloggers and internet denizens are having trouble accepting the remarkable China growth story. When China announced that the nation’s first quarter growth had hit a blazing 11.9 percent annualized, many scoffed. How could it be, they wondered, that the [...]
Posted by Jim Trippon on Wednesday, May 26, 2010 at 12:51 am
Filed under China Economy, China Market Commentary, Consumer Spending, Featured, Manufacturing, News by Sector · Tagged China growth story, china stock digest, China’s economic growth, China’s massive stimulus program, Chinese stocks, Chinese tourism, Taiwan economy, Taiwan Semiconductor (TSM), Taiwan tourism
PepsiCo Looks To Bolster China Presence PepsiCo (NYSE: PEP), the world’s second-largest soft drink maker, said it plans to spend $2.5 billion over the next three years in China as it seeks to bolster its presence in the world’s largest country. New York-based PepsiCo announced $1 billion in China investments in 2008 and that total [...]
Posted by Jim Trippon on Tuesday, May 25, 2010 at 1:22 am
Filed under China Economy, China Market Commentary, Consumer Spending, Featured, News by Sector · Tagged Coca-Cola, Coca-Cola (NYSE: KO), Investment China, Pepsi, PepsiCo, PepsiCo (NYSE: PEP)