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Yanlord jumps after China c.bank move
Shares of Singapore-listed Chinese property developer Yanlord Land Group (YNLG.SI) jumped as much as 5.9% on Thursday, boosted by news that China had cut its reserve requirement ratio for banks.
At 9:30 a.m., shares of Yanlord Land were 4.9% higher at $1.07 with over 11.1 million shares changing hands. Another Chinese real estate company Ying Li International (YING.SI) surged 5.9% to S$0.27.
Both outperformed the benchmark Straits Times Index’s < .FTSTI> 2.5% gain.
The People’s Bank of China cut the reserve requirement ratio for commercial lenders for the first time in three years late on Wednesday.
The move was seen by some market watchers as a sign of long-awaited policy easing, and was followed by a co-ordinated effort by global central banks to ease dollar-funding costs.
“The rate cut by China will boost liquidity, and may make it easier for property developers to do some borrowing, thus boosting sentiment in their shares today,” said a local dealer.
Hi! Master Susan66, can enter this counter now? $1.045? Thanks.
and sifu got advice?? pmi all not very good. but sse is recovering
china makes u turn on lending policy ....this counter will sure rise as banks are allowed to lend more.sure cheong dats why the BB bought in advance )
China rate cut may boost this counter. Good luck.
cloud11 ( Date: 30-Nov-2011 21:54) Posted:
| Yes seems like BBs are playing this today and I gong gong long at 1.06 today wish me luck! |
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Yes seems like BBs are playing this today and I gong gong long at 1.06 today wish me luck!
Properties are a dicey play at this time...
Noob79 ( Date: 30-Nov-2011 21:44) Posted:
Bought yesterday at 1.085.... i thought going to break it and chiong higher but in the ended it went down and today it closed below yesterday low :(
Just hope tml it went up and closed higher than today high and i think can add more :) |
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Bought yesterday at 1.085.... i thought going to break it and chiong higher but in the ended it went down and today it closed below yesterday low :(
Just hope tml it went up and closed higher than today high and i think can add more :)
Ah lord will cheong again haha ..... more fund in china will go into the lord.
China Reduces Reserve Ratios to Spur Bank Loans,,, Huart Ah !!!
This one may give u a sudden surprise move... Can take note..
Coming back again...
tdy chiong....
Those r blur birds and young birds, LOL.
Most of them just don't know how to play for maximum odds.iPunter ( Date: 21-Nov-2011 20:53) Posted:
I also know some early birds who hold until it goes back to the low price...
of course they are hoping for a 10-bagger... lol...
warrenbegger ( Date: 21-Nov-2011 20:47) Posted:
LOL!
LOTR " my precious"
U clever and lucky to load at the earier cheaper lvl,
Early bird got milk to drink, late bird only can vomit milk liao, lol.. |
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I also know some early birds who hold until it goes back to the low price...
of course they are hoping for a 10-bagger... lol...
warrenbegger ( Date: 21-Nov-2011 20:47) Posted:
LOL!
LOTR " my precious"
U clever and lucky to load at the earier cheaper lvl,
Early bird got milk to drink, late bird only can vomit milk liao, lol...
medivh ( Date: 21-Nov-2011 20:43) Posted:
This one follow LOTR.. in the end.. its just the simple words " my precious " and drops into the burning fire ... LOL
Anyway I love this cow.. make quite a bit of money from it.. from 7x cents (" ,) |
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LOL!
LOTR " my precious"
U clever and lucky to load at the earier cheaper lvl,
Early bird got milk to drink, late bird only can vomit milk liao, lol...
medivh ( Date: 21-Nov-2011 20:43) Posted:
This one follow LOTR.. in the end.. its just the simple words " my precious " and drops into the burning fire ... LOL
Anyway I love this cow.. make quite a bit of money from it.. from 7x cents (" ,) |
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This one follow LOTR.. in the end.. its just the simple words " my precious " and drops into the burning fire ... LOL
Anyway I love this cow.. make quite a bit of money from it.. from 7x cents (" ,)
In stock market, lemmings are very siong...
warrenbegger ( Date: 21-Nov-2011 20:02) Posted:
It should be name,
Lord of the China Cons...
LOL :)
*U all think the shark so stupid ah? One bank load up another bank unload down in the same bank. |
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It should be name,
Lord of the China Cons...
LOL :)
*U all think the shark so stupid ah? One bank load up another bank unload down in the same bank.
1.24 --> 1.06 --> 0.93 --> 0.70?
i have underestimated the sharks.
hope no bros get burnt.
above are some possible price to find support.
awaiting the 3 musketeers to come to the rescue.
lol
bishan22 ( Date: 21-Nov-2011 16:56) Posted:
| Looking at 1.05 to get into this Lordship. |
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Looking at 1.05 to get into this Lordship.
