China New Town

Buy China New Town... New CEO onboard, must perform otherwise will be sacked. So put your faith in this Company. This Company is a beneficiary of RMB appreciation.

S&P\'s initiation coverage of china new town is attached, fyi.

Excerpt from Abterra\'s earlier announcement: \"one of the requirements for a new listing on the Main Board of the SEHK is that the listing applicant should have a minimum track record of three financial years under substantially the same management where the net profit of the listing applicant for the latest completed financial year should not be less than HK$20 million and the aggregate net profit of the listing applicant for the preceding two financial years should not be less than HK$30 million.\" Has China New Town fully met this requirement for its proposed dual listing on HK mainboard? Please clarify.

Perhaps they could try in the ground of merits, after all their last year\'s profit has already surpassed a few of the requirements except the 3 years continuous, they should not have problem to chalk up good numbers in the next two years

Something is coming on CNT....two plots of land in Luodian have been listed for auction in coming days...if successful...CNT could get about 1.5B www.fangdi.com.cn/land/predetail.asp?ygID=621 www.fangdi.com.cn/land/predetail.asp?ygID=602

UOB Kay Hian\'s in-depth report, fyi.