CEVIF.PK: China Everbright Ltd. Market Currents

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Thursday, January 3, 3:19 PM China has been trying to develop shale gas technology by having its major oil firms buy into U.S. firms to gain access, but Nomura does not expect any meaningful supply until 2015. Instead, China is turning to coal, which it has in abundance and which can be used to produce man-made gas; the technology "is considered stable and the economics are superior in China." 1 Comment [Energy, Global & FX]
Wednesday, July 20, 2011, 11:40 AM It's China's smaller banks that have the most relative exposure to troubled local financing vehicles. These lenders are also most reliant on the interbank funding market, meaning monetary tightening hits them hardest. Perhaps this is why China Everbright (CEVIF.PK) pulled its Hong Kong IPO. Comment! [Global & FX, Financials]
Friday, January 28, 2011, 10:08 AM More equity raises may be necessary as China could order its banks to increase their capital ratios an additional 2.5% if authorities perceive excessive loan growth. “The banking sector’s valuation is already depressed and this may drag it lower," says an analyst. CHIX -0.5%. Chinese bank ADRs. Comment! [Global & FX]
Thursday, January 20, 2011, 2:17 PM Société Générale sees overheating in China reaching "peak frenzy" in mid-2011, followed by a sudden reversal which could see bank shares fall 50-75% and copper halved. True inflation - measured without the benefit of price controls and rejiggering - is closer to 8%. Comment! [Global & FX]
Monday, January 17, 2011, 7:34 AM On the eve of his visit to DC, Chinese President Hu Jintao calls the monetary system centered around the dollar a "product of the past," but says making the yuan a true international currency "will be a fairly long process." Continuing concern over monetary tightening sends shares sharply lower. Shanghai -3.03% 1 Comment [Global & FX]

CEVIF.PK China Everbright Ltd.

CEVIF.PK

China Everbright Ltd.