On behalf of Taiwan client, I will get a step-by-step lesson on reverse takeovers this Friday from some market makers, and then hopefully I will get to help with doing one. The attitude among the big families seems to be "what, the Koos are getting a shell! Shit, we must have one too!" Alas, there are about 150 qualified shells.
iMerchant on Growth Enterprise Market starting Friday should be good on pullback from initial IPO frenzy, as it is focused on B2B - what HK does best. Inside players able and wise.
Guoco Land (67) taken by Hutchison and Ericsson - wireless enabling tech - should be worth an allocation, even if simply to keep track of them in the news.
Hutchison is now a must have.
Hong Kong's pollution is not that serious as (1) there is no particular reason to go to the bad spots, (2) the air flow carries it all elsewhere, (3) the money one can make here allows one to live on the pristine south side of the island overlooking beaches and trees.
Hong Kong's money vs Singapore's clean air. Hong Kong's bounciness vs Singapore's stifling boredom. Hong Kong's crazy public characters vs Singapore's non-descript everybodies. Hong Kong's ICGE, Ericsson, CMGI, PCCW, Softbank, Hitari, China Tel, i100, iMerchant, e-Kong, etc vs Singapore's Creative Technologies.
I will stay with HK for a few more good years and then I will buy all the fresh air anyone could possibly use. |
