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2009-1-21 11:39:00 a.m. HKT, XFNA
DJ MARKET TALK: 3V Research Tips Potential HK M&A Candidates
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1133 [Dow Jones] 3V Research tips DCH Holdings (1828.HK), CR Asia (8052.HK), Chong Hing Bank (1111.HK) as potential targets for controlling stakes to change hands; while Techtronic (0669.HK), Midland (1200.HK), Giordano (0709.HK) may be candidates for hostile takeover. Says weak economic outlook depressing investors' confidence, driving equities to distressed valuations, offering M&A opportunities. For these stocks, "hidden values may thus be released" if value investors set eye on them.(RLI) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
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(Delayed by 1 hour)
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