China Rongsheng (Hong Kong Stock Code 1101) Target Prices
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Goldman Sachs Rates China Rongsheng at Buy, Target HK$6.1; Stock Ups 4.5% (7-14-2011)
Click at the following link to read the article:
Goldman Sachs Rates China Rongsheng at Buy, Target HK$6.1; Stock Ups 4.5% (7-14-2011)
Having fallen 2,700 points in 11 sessions out of 12, the Hong Kong market is stabilizing and is launching a rebound today. Though the ratio of the outstanding HSI callable bull contracts to bear contracts has further narrowed to 51:49 on Monday veruse last Wednesday's 57:43, there are still around 70% of the HSI bull contracts distributed between 18,000 and 18,600. They are safe for now as the HSI may consolidate above 18,600 during the rebound.
(Hong Kong and Shanghai time 3 pm Tuesday, May 21, Report by CSV)
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