Category

China

Deutsche Bank Boosts YUM Brands Target Price to $43

From Staff Reports With its 'robust' cash flows and terrific international growth prospects – especially in China – restaurant operator Yum Brands Inc. (YUM) remains a "Buy," Deutsche Bank Securities (DB) analysts said yesterday (Thursday). The Yum Brands target price has been raised from $38 to $43, Deutsche Bank Securities said. Shares of Yum Brands […]

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Goldman Sachs Finding Resistance to Deals in China

By Jason Simpkins Staff Writer Goldman Sachs (GS) will relinquish its control of the consortium that owns China's largest meat processor, the Financial Times reported. The unexpected decision again raised concerns about China's ongoing reluctance to allow foreign ownership of high-profile domestic companies. Last year, Goldman Sachs teamed up with Chinese private equity firm CDH […]

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Minsheng Becomes First Mainland China Bank to Invest in a U.S. Bank

By Keith Fitz-Gerald And William Patalon III Money Morning In a trendsetting deal that gives U.S. investors a direct play on mainland China’s fast-growing financial muscle, China Minsheng Banking Corp. Ltd. will acquire a 9.9% stake in San Francisco’s UCBH Holdings Inc. (UCBH), making this the first Chinese investment in a U.S. bank. The deal […]

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How to Profit on an Earnings Surprise From China's Rise

By William Patalon III, MBA Managing Editor Money Morning/The Money Map Report Every American consumer who's ever eaten Chinese take-out has either heard, or repeated, that well-worn chuckler: "The only problem with Chinese food is that half an hour after I'm finished, I'm hungry again." Let me tell you the flip side to that one-liner. […]

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As Global Investors Profit From China's Growing Dairy Demand, Chinese Government Offers Incentives to Beef up Dairy Infrastructure.

By Mike Caggeso Staff Writer China's demand for dairy products is so strong that worldwide milk prices have spiked and fattened the wallets of farmers around the world. And yet about 30% of China's dairy farmers lost money last year, the country's National Development and Reform Commission reported. And with liquid milk consumption in China […]

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LDK Shares Plunge Another 26% Due to Worries, Barron's Report

From Staff Reports Shares of high-flying LDK Solar Co. Ltd. (LDK) plunged 26.4% to close at $37.50 yesterday (Monday) – extending losses from last week – based on continued concerns that the China-based maker of solar wafers has serious production problems. The shares of the Jiangxi, China-based LDK are now trading at less than half […]

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China's Weeklong Shopping Holiday Breaks (Yet Another) Retail Sales Record

From Staff Reports Retail sales during China's weeklong National Day holiday surged almost 350 billion yuan (about $46.7 billion), a 16% increase in consumer spending compared to last year's week of celebration, its Ministry of Commerce reported on Sunday. During the week, Beijing hosted 5.94 million visitors, up 3.5% from last year. In the modern, […]

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Who's Gaining Ground in the Global PC Wars?

By Jason Simpkins Staff Writer The personal computer industry is one of the most competitive in the world, with top guns Hewlett-Packard Co. (HPQ) and Dell Inc. (DELL), battling for market share in the United States and abroad. Moreover, margins for computer makers have come down dramatically, now hovering around 10%. And with wildly fluctuating […]

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Analysts Unhappy with Internal Inventory Audit Report From China's LDK Solar

From Staff Reports Shares of high-flying LDK Solar Co. Ltd. (LDK) fell yesterday (Thursday), even after the Chinese solar wafer maker said an internal audit revealed no evidence of wrongdoing related to the way it reports inventory. Early Thursday, LDK said it conducted an investigation after its former financial controller, Charley Situ, said the company […]

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Four Ways to Profit as China Ignites Global Milk and Dairy Prices

By Mike Caggeso Staff Writer China's ever-growing middle class has driven up the average price of milk around the world, upsetting everyday grocery shoppers but also providing deft investors with opportunities to profit. The newfound demand from the Far East has also raised the incomes of dairy farmers and changed the way milk – once […]

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