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Fairly good piece on CNOOC Dali..Would like to highlight that due to lelvagstiie listing restriction on HK Red Chip, which currently prohibiting HK/Mainland duo-listing, CNOOC has yet to obtain approvals from any authorities for an A-share listing.But yesterday top Chinese official's comment that amendment to the policies restriction is UNDERWAY has pave the ways for A-share listing for Red Chips. The positive development has reflected upon on today's resilient performance of HK-RC Index despite general market correction. ChinaMobile, which will be the 1st Red to have A-share listing, topped the volume chart. With several House upgrades and TPx of HK200, some of you might be interested in building up position, despite PE of 40++ or simply await Momentum Trade opportunity (Unlike in HK, its kind of unfortunate back here in Msia that RMB appreciation against Ringgit will be relatively gradual, your CW just cant wait..If not what is this PE of 40+ le?! It may only be in the mid-twenties in a couple of years for your current crops of acquisition.) If you lives by volatility and arms yourself with the right instruments, you will love the volatilities as presented by HK. Ignore HK and you are ignoring a beckoning fortunes, gift wrapped to you by OSK and CIMB. So called them blood suckers no more, OK!?Wesurvive

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