Dear Mr Leong
What a concidence. I saw that MacGyver is also going for a trip to Fujian to see companies. Is he one of the ten fund managers mentioned?
I have some questions for the Chinese management. Can you reply them for me?
1) How is the inflation problem in China? Will the rise in raw materials costs affect the profitability this year?
2) How about the wages increase? I understand that the companies expect a 10-20% increase in labour costs this year.
3) Are the companies able to borrow from the Chinese banks easily?
4) For Fuxing, are they witnessing a slowdown in sales given the weakness in the textile industry. Is Fuxing moving more into the export market?
5) For Yamada, how is the development of the yam business? Is the management expecting a rapid growth in this business area.
6) For Yamada, Is the Company planning for TDR in Taiwan? I saw that they were among the companies invited by Yuanta for a Taiwan TDR conference last month.
Thank you!
Last edit: 13 years 6 months ago by niadmin. Reason: Headline inaccurate
Also, can we also participate in these trips in the future?
I am willing to pay for my own airtickets and hotel stays in China to meet the management of the companies.
Thank you!
Last edit: 13 years 6 months ago by niadmin. Reason: Headline inaccurate
thanks morpheus for yr questions & interest.
if you & enough NextInsight readers have a keen interest in visiting S-chips & will pay yr way, we can certainly look into arranging such trips.
readers - how about posting the names of yr favourite companies to visit ?