Tingyi's bonds may appeal to strong stomached investors
Article Abstract:
Tingyi Holdings Cayman Islands has experienced a 24% increase in the price of its Hong Kong-listed stock since Dec 1998. The sharp rise in value has been the result of market's favorable response to the Chinese noodlemaker's announcement that it had begun negotiations to sell a substantial amount of stock to Campbell Soup. Tingyi's convertible bonds are also a prudent investment according to the analysts who have placed buy recommendations. However, they advise caution in the event that the anticipated Campbell deal fails to push through.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Open that convertible
Article Abstract:
Convertible bonds offer both the flexibility of stock shares and the stablility of bonds or savings accounts. Such convertible bonds include those issued by Quanta Computer of Taiwan, and Tingyi Holdings of China. High-yield convertible bonds can be very lucrative in a weak market, provided the credit quality of the company is solid.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Guaranteed-return funds catch on in Asia
Article Abstract:
Hong Kong and Singapore have become popular in the guaranteed-return fund sector, with many attracting first-time investors. Guaranteed funds have limited fees and charges, and are a good alternative for those who are faced with dwindling interest rates, and who were used to storing money at the bank.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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