Utility, construction sectors may ride out the volatility
Article Abstract:
Financial analysts feel that the construction, utility, media and the banking industries are stable investments in Hong Kong. Stocks in these industries have shown a steady performance and analysts feel that foreign investors besieged by the current Asian economic crisis could put their money on these stocks. A prime example is Shui On Construction & Materials Ltd. which has HK$900 mil in its reserves, would acquire more shares as it plans for the construction of 60 government projects.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Chevalier's focus on construction helps build profits
Article Abstract:
Traders who are eyeing to venture in minimal-risk markets may try investing in Chevalier International Holding Ltd's stocks. Since 1966, Chevalier has supported a reputation for being a reliable service contract provider, with a number of established business operations including telecommunications, construction and engineering. The conglomerate further plans to widen its profit margin by introducing environmental cleanup services in Europe.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Bullish on some Asia markets
Article Abstract:
Marc Faber Ltd's head, Marc Faber, who predicted in 1997 that the Asian stock markets were overrated and heading for a decline, says several of the Asian markets are starting to look attractive. He deems that the best short-term choices may be found in the bond market. Faber is not attracted to the stocks in the US and Europe. He adds that the prospect for Hong Kong remains gloomy.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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