Xingquan International Sports Holdings Ltd directly listed on the Bursa Malaysia

Chinese sportswear firm Xingquan International Sports Holdings Ltd today made history by being the first foreign company to be directly listed on the Bursa Malaysia. This foreign share did not own anything in Malaysia during they listing so any bad thing happen they can just go back to China so for me this type of share is highly speculative.

From 'The Edge' report the Company chairman and chief executive officer Wu Qinquan, speaking at a press conference here today, thanked Bursa Malaysia and the Malaysian Investment Committee, saying they have been supportive and asked if the company was considering setting up stores here, Wu said the suggestion would be considered but as of now, his company was focusing more on domestic growth.

This company is any had share in Bursa Malaysia no property at all.

Stock Quote

KLCI Live Quotes Lookup Stock Code/Name Enter Stock Code/Name

Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

Footer

Weblog Disclaimer: The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

Bursa Malaysia (KLSE) Daily Info Edge Zone