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Goldman Sachs

Citi Likes Chinese Stocks, Too

July 27, 2010 (Chinavestor) Following a bullish outlook on China's A shares from Goldman Sachs (NYSE:GS), Citigroup (NYSE:C) is also constructive on Chinese stocks, saying the bottom is almost in and that the Shanghai A-Share Stock Price Index will probably move to between 2,800 and 3,100 by the end of this year, outperforming Hong Kong-listed shares along the way.


China Resources Power to sell benchmark-size bond

China Resources Power Holding plans this week to issue a benchmark-size dollar bond due in five years, a source close to the deal said on Monday.

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 China meets target of closing outdated coal-fueled power stationsThe issuer has hired Goldman Sachs and Morgan Stanley to manage the deal, the source said. The two also arranged the company's series of meetings with investors last week.

Also expected to sell debt this week were E-Land Fashion China Holdings and India's IDBI Bank, sources said.

Goldman Likes China A Shares

July 26, 2010 (Chinavestor) Goldman Sachs (NYSE:GS) said it remains "fundamentally positive" on China's Yuan-denomiated A shares despite a recent surge by the CSI 300 Index, citing fair valuations and other catalysts. The U.S.-based bank cited Chinese insurers as a way for investors to gain exposure to the A shares market.


A Bit More on Goldman’s Bad Volatility Bet

You probably know by now that part of Goldman Sachs' less-than-blockbuster results earlier this week stemmed from the Street's alpha traders getting dumbfooted by the surge in stock volatility ...


CRMC buys 12.8% of ABC H shares

HONG KONG - Capital Research and Management Co has bought up 12.79 percent Agricultural Bank of China (ABC)'s H shares for HK$12.66 billion ($1.63 billion), making it the second-largest holder of the Hong Kong-listed shares.

Special Coverage:
Focus on ABC's IPO Plan

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Morgan Stanley: Beats Expectation

It looks like we've got a horse race. The chatter on the Street is going to focus largely on the fact that Morgan appears to have had a better quarter than Goldman Sachs.


Slowing Trading Weighs on Goldman Revenues

Goldman Sachs missed on the top line, as slowing trading revenues hampered the gold-plated Wall Street titan.


Navigating the Ups and Downs of Earnings Season (GS, EBAY, MSFT, NFLX, ISRG, CAT, AMZN, BIDU, AAPL)

Earnings season can be a time of both angst and tribulation for investors, as stocks quite often make their biggest moves the days following a company’s report. To make matters worse, sometimes investor sentiment doesn’t always seem to match a company’s results. For example, it’s not uncommon for a strong earnings beat to be met with selling pressure, while sometimes a company that announces only so-so results sees its stock rise.

Morgan Stanley sells $177m Shanghai property

Morgan Stanley has sold a serviced apartment project in Pudong for 1.2 billion yuan ($177 million), making it the second-largest residential deal in Shanghai so far this year, the South China Morning Post reported on Monday.

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Consumer Confidence Sends Stocks Tumbling (BAC, C, GE, GS, DL)

Stocks took it on the chin today, hurt by a very poor consumer confidence number. The big question is whether consumers’ actions will match their words. We also wonder if consumer sentiment would have been as weak as it was if the media wasn’t constantly telling people how bad the economy was and that a double dip could be in store.

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