CASH-Wir warten bis zum $ (Teil 3) - 500 Beiträge pro Seite

[sevim]

[Duplex]

Hallo Casher!

Tja, da komme ich doch aus meinem Urlaub zurück und sehe alles ist bestens! Cash hoch alles i.O.!
Naja, sind einige mehr noch auf den Geschmack gekommen. Sehr gut! Jetzt nur noch abwarten.

Frohes Cashen!

[Michiko]

Hab meine CASH jetzt seit fast einer Woche für 0,10 € zum Verkauf stehen und krieg sie nicht los!
Frohes Abwarten also noch!

[Braso]

Ich glaube, dass viele Verkaufsorder zu 0,10 abgegeben worden sind, weil CASH in den letzten Wochen kontinuierlich gestiegen ist und viele die Aktie loswerden wollen. Einige Zeit stand sie bereits bei 0,11. Ich hoffe, dass die Aktie den Widerstand bei 0,10 brechen kann und so auf 13-14 Cents steigen wird.

[sevim]

Hallo Casher,

hallo Duplex, habe dich schon vermißt. Dachte schon, daß du raus bist aus Cash. Hattest du einen angenehmen Urlaub. Ich muß wahrscheinlich meinen Urlaub in Berlin zu Hause im Garten verbringen. Na ja, dann spare ich mein Geld für die Wahrnehmung meiner 10.000 Cash-Optionen.

Bald müssten wir Bescheid kriegen, wann die Ipo von COL stattfinden soll. Und dann wissen wir auch, wann wir unsere 10 % Gratisaktien bekommen werden.

Auf steigende Umsätze in HongKong

eure sevim

[Duplex]

Hallo Sevim!

Ich und weg?? Dann würde ich mir aber spätestens nach einem halben Jahr in den Hintern beißen wenn der Kurs stetig auf die 1 US-$-Marke steigt. Neee, die werden noch schön gehalten. Werde aber mein nächstes Geld ein bischen streuen! Ich pendle zwischen Softbank,Jafco und Egghead.
Urlaub war schön heiß! Nicht wie in D in der letzten Zeit. Naja, ich denke Berlin hat auch einiges zu bieten. Wenn du nicht weißt wohin, habe ich da einen kleinen Tip für dich: HongKong zu unserem Investment fliegen. ;-)

Zur Zeit ist es ja echt heftig mit den Gratisaktien/-optionen von Cash. Solange es aber dem Kurs ncht schadet ist es ja uns egal! Später Werden wir diese Bonbons sicher nutzen können!

Also Cashup

[pillewurm]

Ich möchte mich hiermit mal im Namen aller Casher bei denen
bedanken ,die unsere CASH-Threads am Leben halten und so andere
auf CASH aufmerksam machen.Hier ist vor allem Sevim zu nennen, der
,so denke ich ,viel Zeit aufbringt um uns mit Informationen über
CASH zu versorgen. Da ich selber 120.000 Stück besitze kam ich vor einiger
Zeit ganz schön in Schwitzen ( Kurs damals : 0,05 Euro ;
Einstiegskurs: 0,12 Euro ). Wenn ich mir aber nun den geilen Chart
anschaue und an die Optionsscheine und COL denke,werde ich die Aktien mit Sicherheit nicht in 3,5 oder in 10 Jahren verkaufen.Ich
denke, sie wird uns noch sehr,sehr viel Freude machen.

MfG, euer pillewurm

[Cashmaker1]

Nabend!!

@pillewurm

Kann mich Deiner Danksagung nur anschließen, aber ich dachte immer sevim wäre weiblichen Gesclechts? Naja, vielleicht irre ich mich da ja auch!?

@sevim

Wenn Du 1000DM übrig hättest könntest Du nach Honkong fliegen, sowei es Duplex Dir vorgeschlagen hat! Für 5 Tage inklusive Hotel!! Ich hab mir das auch schön überlegt, aber ich weiß noch nicht genau ob und vor Allem wann! Aber wenn ich dorthin fliegen sollte, werde ich Euch unterrichten!!!

Bis denne

Cashmaker

[sevim]

Hallo Casher,

der Tip mit HongKong ist nicht schlecht. Man soll dort auch sehr günstig Elektrokram einkaufen können. Ich tendiere allerdings mehr zu Florida im nächsten Frühjahr, denn dann sind meine beiden Kinder hoffentlich in einem erträglicherem Zustand als jetzt (ein Milleniumssohn und eine zweieinhalbjahre Tochter). Außerdem muß mein Mann dieses Jahr noch stark an seiner Karriere arbeiten.
Wenn das so weitergeht mit Cash, werde ich mit meinem Geld mehr verdient haben als mein Mann, wobei ich zu Hause bin und er arbeitet.
Zum Glück ist er kein mißgünstiger Mensch und würde mir den Erfolg gönnen.

[Duplex]

Hi Casher!

Nachdem der Kurs wieder so langsam die 0,10 Marke überschreitet wird mein Grinsen immer fetter im Gesicht. Ich glaube nach ein paar Monaten muß ich dann mein ganzes verdientes Geld für Schönheitsop`s ausgeben. Kleiner Scherz
Nun, bin ich im Plus !!! Nach mehreren käufen von 0,06 - 0,13.

@sevim: Na dann führste ja eine prächtige Ehe! Viel Glück weiterhin! Ach ja, Florida würde ich natürlich auch nicht nein sagen. Habe es mir auch nächstes Jahr überlegt, aber vorerst verblase ich meine Kohle mit einem Tripp nach Australien und danach, wenn nochwas übrig bleibt, kommt USA dran ( mit Hilfe von CASH sicher).

Also Cashup

[Duplex]

Hi Casher!

Hier nochmal was zum Wiederkauen falls es jemand noch nicht weiß:



Celestial Asia Secutities Holdings wird ihre Tochterfirma CASH on-line
an die Börse bringen. Es wird erwartet, dass das GEM Listing Commitee
bis zum Ende des Jahres die Genehmigung für den Börsengang am GEM
erteilt. Der Growth Enterprise Market (GEM) in Hong Kong ist mit dem
Neuen Markt in Deutschland vergleichbar.



Aktionäre von CASH sollen als Sonderdividende eine CASH on-line Aktie


für je 10 CASH Aktien erhalten. Am 25. August wird eine außerordentliche
Hauptversammlung zum Beschluss dieses Vorschlages einberufen. Eine
Zustimmung ist schon jetzt sicher, da 50 Prozent des Unternehmens im
Besitz des Managements sind. Die anderen 50 Prozent sind im
Streubesitz.



Celestial Asia Securities Holdings ist ein Broker in Hong Kong. Das
Unternehmen handelt an den Aktien-, Termin- und Währungsmärkten.
Zahlreiche Beteiligungen an Technologieunternehmen verdeutlichen die
Expansion neuer Geschäftsfelder. Der Chairman Kwan Pak Hoo Bankee
ist mit 49,4 Prozent Hauptaktionär an seinem Unternehmen.



CASH legen in Hong Kong 8,5 Prozent auf 0,64 HK-Dollar (0,09 Euro) zu.
In Berlin (WKN 915 572) ist das Plus mit 14,3 Prozent noch größer, der
Kurs steht aber erst bei 0,08 Euro.


Quelle: Wallstreet Online 27.07.2000 14:40

Also in 3 Tagen ist die Abstimmung! D.h. wir bekommen Freitag früh mit, da die in Asien ja etwas Vorlaufzeit haben.

Bis den
Cashup

[Brandy2000]

Tach cascher,
die cash online gratis Aktien sind bereits seit heute in meinem Depot eingebucht (DB). Sind sogar schon 0,59 HKD pro Stück wert.
Werden die jetzt schon an der börse gehandelt und warum werden die schon vor dem Beschluß durch die HV zugeteilt?

[Duplex]

Hi Casher!

@Brandy2000 Kannste mir die WKN von den CASH-Online geben, da ich momentan nicht an mein Depot kann.

Danke!

CASHUP

[Cashmaker1]

denke nicht, dass es sich bei den aktien um die von uns so sehnlich erwartet cash-online aktien handelt!!

denn überlegt mal was morgen erst ist!!!!

vielleicht sind das die optis!??

Bis denne

Cashmaker

[Gurki]

@ all:

wird nicht heute über die modalitäten bei der vergabe der gratis col-aktien entschieden ????

mal sehen !!

gurki

[sevim]

Hallo Casher,

habe mal wieder mit Cash per e-mail korrospondiert.

Hier die Antworten zu den Fragen, wann die Ipo von COL stattfinden soll, wer in den Genuß der Gratisaktien kommt und ob Cash die Mergergerüchte von Hartcourt(90009 oder hrct) kennt.
____________________________________________________________________

Dear Mrs xxxxxxxx,

I got your message from Rosa Li and would like to reply as follows :-

1. COL-IPO is expected to be before end of 2000. However, this is our
tentative timetable and may be subject to any change, if any.
2. The 10% entitlement of COL shares will be fixed on 1 September 2000
and entitlement to which will be notified to all shareholders shortly
thereafter while the share certificates for COL will be despatched to
shareholders before IPO and in any event, before end 2000.
3. We have never heard of the name Hartcourt.

Last of all, thank you for your investment in and support to CASH.


Regards,
Joan E Kwok
Company Secretary
Tel: [phone]
Fax: [phone]
E-mail: [e-mail] <mailto:[e-mail]>;
_____________________________________________________________________

Wenn ihr Fragen zu Cash habt, die sind wirklich nett und antworten auch meistens innerhalb von ein paar Tagen.

Bin ab dem 2 September für 4 Wochen doch weg, Türkei: 2 Wochen Eltern und 2 Wochen Antalya Cluburlaub.

Falls ich wegen dem Stress davor nicht mehr schreiben kann, bitte achtet gut auf unserern Cash-Threat und eröffnet ab 50 Postings den 4.Teil. Vielleicht kann dann ja auch jemand die statistische Auswertung des 3 Teils übernehmen.

Ich bedanke mich im voraus an allen Cash-Interessierten.

MFG sevim

P.S.: Galatasaray ist die beste Mannschaft der Welt.
Cim Bom Bom, Cim Bom Bom

[eastpark]

Hallo Cash-Fans

heute hat Cash seine Zahlen bekannt gegeben:
1Halbjahr

06/2000 06/1999
net profit 174$ mio. (-320$ mio.)
Umsatz 292 " +266%
Gewinn pro Aktie 3,38 cents
keine Dividende

Gute Zahlen! Eure meinung?

[sevim]

Hallo Casher,

aus dem Ragingbull kopiert.

_____________________________________________________________________
Story from South China Morning Post

http://www.ragingbull.altavista.com/mboard/edit.cgi?board=CA…

Tuesday, August 29, 2000

ONLINE BROKING

Firm to CASH in as turnover rises 266pc
SAMUEL YEUNG

Extraordinaries helped boost Celestial Asia Securities Holdings` (CASH) profits to HK$174.43 million in the six months to June 30.
The earnings turned around the loss of HK$32.58 million in the same period last year.

Profit per share was 3.38 HK cents. No interim dividend was declared.

During the first half, the brokerage`s turnover was up 266 per cent to HK$292.7 million.

Chairman Bankee Kwan Pak-hoo said the turnover included a one-off gain from the disposal of the firm`s shares in Hong Kong Exchanges and Clearing (HKEx) derived from the March merger of the stock and futures exchanges and their associated clearing houses.

Mr Kwan said the firm had sold "almost all the shares" for between HK$11 to HK$12.

HKEx closed at HK$15.95 yesterday.

He did not disclose what gain was exactly derived from the disposal.

Under the merger plan, a stock exchange seat was valued at about 800,000 HKEx shares and a futures exchange seat at 1.39 million shares.

Given CASH held six stock exchange seats and two futures exchange seats, analysts estimate the firm, under the plan, derived up to 7.58 million shares and through the disposal cashed in nearly HK$100 million.

Another exceptional gain was also reported on the firm`s disposal of a 7 per cent stake in its Internet arm CASH online to a company owned by Nina Wang, head of property developer Chinachem Group in March.

CASH, which owns a 65.8 per cent interest of CASH online, shared a gain of HK$135.2 million, Mr Kwan said.

Mr Kwan said the company had employed BNP Peregrine to sponsor the Internet unit`s proposed flotation on the Growth Enterprise Market in November.

____________________________________________________________________

[Gnom_One]

Hi Leute,

ich hab schon `ne weile nichts mehr geschrieben. Ihr wisst ja Urlaub und so. CASH entwickelt sich ja sehr gut wenn mann die Zahlen sieht. Der Kurs steht derzeit bei 0,08€. Nächste Woche werde ich noch mal meinen bestand aufstocken. Der Chart bei quamnet.com zeigt deutliche Signale für einen Einstieg Anfang nächster Woche (Bin nun halt mal eher ein Charttechniker). Was meint ihr dazu ??

[Alec]

Ich habe CASH jetzt etwas mehr als einem halben Jahr und irgendwie geht die Reise nirgendwohin. Das ist ja erstmal nicht so schlimm, da HK derzeit ohnehin etwas gelaehmt wirkt und ich das jetzt nicht nur auf CASH beziehen moechte. Ich hatte damals gerade dicke Gewinne mit PCCW eingefahren und habe die naechste grosse Chance in HK gesucht. Dass die Kommissionen in HK so erschreckend niedrig und die Konkurrenz so erschreckend gross ist habe ich erst etwas spaeter gemerkt. Trotzdem habe ich weiterhin meine CASH gehalten da im Februar auch gerade CASH bekanntgegeben hat, dass man auch als VC-Gesellschaft auftreten moechte und zwar in Zusammenarbeit mit der chinesische Regierung. Junge chinesische HI-TEC Firmen unterstuetzen klang fuer mich wie eine sichere Sache, zumindest langfristig. Aus dieser Ecke kommt aber etwas wenig, so dass ich mir meine Anlage gerade sehr gut ueberlege.

Ich habe hier eine Artikerl aufgetan der die Situation in HK ganz gut beschreibt. Liest sich nicht gerade wie eine Aufforderung in Onlinebroker zu investieren. Gibts irgendwelche rationalen Meinungen von Euch, oder Argumente die derzeit wirklich dafuer sprechen in CASH investiert zu bleiben? China ist gross, ich weiss - aber fuer Onlinebrokerage braucht man auch einen PC (oder diese anderen Dinger mit dem Gemuese drauf). Bin durchaus Langfristinvestor - aber sooo lang?

Heard in Asia
Hong Kong Market Faces Glut
Of Online Brokerage Houses
By GREN MANUEL
Staff Reporter of THE WALL STREET JOURNAL

September 1, 2000
http://interactive.wsj.com/articles/SB967743937958152305.htm
HONG KONG -- How many online brokerage firms can this city of 6.8 million handle? Ten? Twenty? How about 250?

That`s what it might get. Cutthroat competition in the months ahead may be a boon for small investors, but it may be less pleasant to be running a brokerage firm -- or to be a shareholder in one of the slew of locally listed brokerage houses.

"We believe there`s going to be drastic changes to the broking system," says Felix Miao, deputy chief executive of the online subsidiary of Celestial Asia Securities Holdings, one of the first listed brokerage firms in Hong Kong to offer online trading, back in October 1998.

At the end of April some 24 of the city`s 844 licensed brokers and dealers were offering local online trading, which made up 1.3% of the Hong Kong market`s volume, according to a survey by the city`s Securities and Futures Commission.

New Trading System

Now the real battle begins. U.S. giants such as E*Trade Group and Charles Schwab & Co. are planning launches before the end of the year, while TD Waterhouse Group, the U.S. outfit that says it`s the world`s second-largest discount broker, is planning a big push here. They`ll be going head-to-head with Hong Kong heavyweights that have found partners for the leap into online broking: Hutchison Whampoa has teamed up with Donaldson Lufkin & Jenrette of the U.S., while local institutional broker Jardine Fleming is forming a joint venture with Pacific Century CyberWorks; the partners are pledging US$30 million to create a firm named 2cube.com (www.2cube.com).

Still looking for more choices? The commission`s survey also found some 242 off-line brokers in Hong Kong have told the authorities that they intend to go online within 12 months.

"There`s going to be a massive price war," predicts Mark Duff, managing director of Boom.com, which was the first online-only dealer to get a local license in February 1998. He says any brokerage firm that wants to survive the next 24 months will need deep pockets, and he reckons that, if anything, the survey probably underestimated the number of brokers planning to go online. "It`s going to be very tough for the small brokers," says Jean Hydleman, Worldsec International`s vice president for research.

The trigger for the frenzy is the Hong Kong Stock Exchange`s planned introduction of a fresh trading system. Known as AMS/3 or third-generation Automatic Order Matching and Execution System, the system will allow orders collected from the Web or a smart mobile phone to be transferred electronically through a broker to the trading floor, back to the broker and out to the customer. If it works, customers will be able to see their orders executed and see the price paid in a matter of seconds. The system is set to start operating in about four months.

Massive Market, Small Profit

For firms entering the online arena, the numbers look good -- at first glance. Hong Kong`s volatile exchange hovers around No. 10 in the world by market capitalization, and it is well-known for its high individual-investor participation, which accounted for about 45% of the trading last year totaling some 855 billion Hong Kong dollars (US$109.62 billion) in volume.

But trading stocks for the mass market has rarely been profitable. The market`s periodic collapses usually take a couple of local retail-age firms to the grave, and those that survive continue to suffer high staff and rental costs. The minimum 0.25% commission for buying and selling set by the exchange is low by Asian standards, and online firms already are exploiting a loophole that allows them to undercut it, or in one case, offer free trading for new customers until the end of the year.

The new system will allow brokers to be more efficient. But the upfront costs are high, says Andy Doves, 2cube.com`s chief operating officer. In addition, many of the big new players still want prime locations for walk-in offices, partly for marketing reasons, partly to comply with local regulations that force brokers to meet with their customers to limit money-laundering.

To make things worse, the average retail investor isn`t exactly Internet-savvy. Syed Bokhary, a veteran local broker and stock-exchange-council member, says, "The investors at the moment are housewives and retired people. They don`t have laptops at home."

And many of those who have already jumped online are making only small trades. "Sometimes I see trades of just HK$1,000," says Celestial`s Mr. Miao.

Tapping New Demand

The great hope of the new players is that somewhere in Hong Kong there is an untapped demand for trading that can be unlocked by the greater convenience and control of online trading, either by computer or smart phone. Already around 13% of adults own equities, and there is hope that this can be pushed higher. Celestial says just 1% of its online customers have been cannibalized from its offline customer base. Most of the rest are first-time traders, Mr. Miao believes.

Christina Hui, regional general manager for Charles Schwab, figures that people who used to sink their spare cash into real estate want new investment vehicles. She wants to offer them not only Hong Kong stocks, but also U.S. equities and a range of other financial products such as mutual funds, not least because such products could provide revenue in the event of lower stock-trading commissions.

Matthew McGarvey, a research analyst in International Data Corp.`s Hong Kong office, is convinced new customers can be found, say 20- or 30-somethings familiar with technology. He reckons that, by 2004, online orders will make up 40% of Hong Kong`s volume.

But as Boom.com`s Mr. Duff points out, market conditions are a key factor. He notes that South Korea`s explosion in online trading last year, which saw online trades go from 5% to 40% of volume, coincided with a dramatic recovery in the South Korean market. Hong Kong residents may be blitzed with TV commercials from new online brokerage firms over the next several months, but many analysts think the Hang Seng Index -- which has been trading between 17000-18000 points since mid-July -- is going nowhere.

It isn`t a market that`s exciting the usual thrill-seeking individual investor, brokers say, leaving them hoping the investors they do find online will be satisfied with a less exciting ride.

Write to Gren Manuel at [e-mail]

[Duplex]

Hallo Casher!

Danke Alec für den Bericht! War sehr aufschlußreich! Aber trotzdem bin ich von CASH sehr überzeugt.
Erstens weil CASh nicht nur ein Online Broker ist und sich in andere Bereiche wie Invest.-Brokerage und Glasfaserproduktion weiterentwickelt. Besonders die Investition in die Glasfaserproduktion wurde ja sehr gut aufgenommen ( siehe Kurs ).
Da ja mittlerweile Firmen der "New Economy" die sich mit der "Old Economy" kooperieren oder verbinden an den Börsen sehr hoch angesehen werden. Ganz zu schweigen von Unternehmen die Gewinn erwirtschaften, was man bei Internetfirmen recht selten
sieht. Klar ist, das CASH`s Hauptgeschäft zur Zeit das Brockerage ist, aber es sind schon richtige und wichtige Schritte getan worden, damit das Unternehmen wächst.

Also ich werde meine CASH mindestens bis Mitte nächsten Jahres halten ( eher länger ). Und das nicht nur wegen der Steuerfreiheit!

Cashup

[Duplex]

Hallo Casher!

Hier ein paar Info`s über Cash ( da es ja keiner macht, erledige ich das mal ):

17:11 28-AUG-2000
Celestial Asia Securities (1049-HK) back in
black in 1H

Celestial Asia Securities Holdings posted a net profit
of $174 million for the first half, compared with a loss
at $320 million 12 months ago.

Turnover jumped 266 pct to $292 million.

Earnings per share were 3.38 cents.

No interim dividends were declared.
(End)

Schon alt aber kann ja wichtig sein für einen von uns!

Gruß Duplex

[Duplex]

Hallo!

Noch mehr Info`s:

Nummer 1:

10:45 05-SEP-2000
CASH (1049-HK) to increase shareholding in
CASH on-line

Celestial Asia Securities Holdings Ltd (CASH)
announced that the company has acquired 8.69 pct
interest in CASH on-line Ltd from Cash Guardian Ltd
(CGL).

CGL is 60 pct owned by Bankee Kwan and 40 pct by Khoo Ken-wee.

Nina Kung, the chairman of Chinachem Group had earlier acquired a stake in CASH
on-line for $3.2 billion.

The amount of $277 million will be settled by an issue and allotment of 463 million CASH
shares at the issue price of $0.60 each.

Upon the completion of the transaction, the group`s stake in CASH on-line will increase to
49.45 pct.
(End)

Nummer 2:

18:13 19-SEP-2000
Celestial Asia Sec (1049-HK): HSI year-end
target 19,200 pts

Herbert Lau, head of research at Celestial Asia
Securities, said that, technically, a downturn of the
Hong Kong stock market between September and
October this year was predicted as a likely event. However, if negative market conditions
do not worsen, the Hang Seng Index may not fall below through the 15,000 level but rather
climb up to a high of 19,200 pts by late-2000.

Li Yuk-ping, assistant manager of research at Celestial Asia Securities, believed that the
Chinese government has decided to lift the currency circulation so as to stimulate
fixed-asset investments in the second half-year which is favourable to the profit growth of
mainland enterprises.

In the past two years, red-chip China enterprises have underperformed the market.
However, with their favourable interim results announced and lower-than-market P/E
ratios, it is believed that these stocks still have room to make upward corrections and
therefore a "buy" for such stocks is recommended.

(End)

Gruß
Duplex

[Duplex]

Hallo!

Noch mehr Info`s:

1.)

18:48 21-SEP-2000
CASH (1049-HK), ICBC (0349-HK) jointly offer
MTR IPO loans

Celestial Asia Securities Holdings Ltd and the
Industrial & Commercial Bank of China are to offer a
joint credit service for interested subscribers of
MTRC shares at the IPO. The credit amount ranges
from $100,000 to $500,000 offered on prime rate. The service is exclusive for ICBC`s
clients.
(End)

2.)

Hong Kong stocks shrugged off the bad impact from
the U.S. market with Hang Seng Index closing the
day at 15,444.13, up 153.28 points, or 1%. Analysts
said the sentiment is bad, but the fundamentals are
still fairly positive amid a continuous recovery. For
the immediate future, the market may not have the
momentum to hit the heights at the beginning of
August, but it is also unlikely to see a loss as the
heavy of last week..........

Gruß
Duplex

[Duplex]

Hallo Leute!

Hab hier einen echt guten Bericht über CASH bei Forbes gefunden. Schaut Ihn euch mal an! Ist sehr informativ!

May 01, 2000 Forbes CAAFF article (nice read):

http://www.forbes.com/forbesglobal/00/0501/0309074a.htm

The fall and rise of Celestial Asia Securities defied skeptics and made a small fortune for its new owners Pennies From Heaven

By Deborah Orr

Cheerful Securities, a tiny Hong Kong brokerage, was a cheerless place at the height of the region`s financial typhoon. The stock
market had crashed, several prominent clients couldn`t repay their margin loans, and in February 1998 market regulators in Hong
Kong were about to pull the plug on the bankrupt brokerage.

Along came a white knight, in the form of Bankee Kwan, a managing director in charge of strategy and operations at CCT
Telecom. He convinced his board to take a chance on Cheerful. After a competing bid for the brokerage fell through, Kwan had
only 30 minutes to make his final decision. While he sweated over the paperwork in his banker`s office, an employee of Hong
Kong`s Securities & Futures Commission waited at Cheerful`s headquarters for proof that CCT, a telecom network and
equipment holding company, would put up enough money to cover a possible run on the brokerage. Clients had already started
deserting in droves. If Kwan didn`t put up the money and sign, it was curtains for Cheerful.

He signed. For $2.1million (HK $16.5 million) and a loan of $32 million, CCT gained 51% of the 25-year-old retail brokerage--and
its $35 million in bad debts. Critics scoffed. For one thing, Kwan and his team were all bankers and accountants by training. What
did they know about wheeling and dealing in a stock market already traumatized by the collapse of Peregrine Investment
Holdings, Hong Kong`s biggest local brokerage?

But Kwan`s gamble paid off. A move onto the web and some powerful partners--Hong Kong`s Pacific Century CyberWorks and
Japan`s Hikari Tsushin--have propelled the brokerage into Asia`s New Economy.

First, Kwan changed Cheerful`s name to Celestial Asia Securities Holdings Ltd.--CASH for short. He resisted pressure from
CCT`s board to sack half the staff and close branches.

Instead, he drew on his experience as a former manager at American Express in Hong Kong and trained his wary staff in the art
of serving customers--a rare commodity among Hong Kong brokers. Every employee, moreover, now has a vested interest in
winning new clients and keeping old ones--stock options. Then, in October 1998, Kwan took the new brand online, the first
member of Hong Kong`s stock exchange to take orders over the Internet.

It took more than six months and $250,000 in new hardware to make Celestial a web-based company. Again, critics scoffed.
"People said, `Don`t waste your money. There is no market for online trading,`" recalls Managing Director Ken Khoo, who left his
investment banking job to work with Kwan, a former client. Traditional retail investors in Hong Kong and much of Asia prefer to sit
in front of an electronic board and watch their share prices move.

Celestial still has its low-tech retail clients--around 32,000 of them, up from 18,000 two years ago. But it has added 8,000 new
online clients, some as far away as Peru and the Netherlands. "We have found that our Internet customers are a completely
different crowd from our office-based clients. There was less than 1% changeover when we introduced the online option," says
Khoo.

Kwan and Khoo realized they were on to something big, and they wanted to own a piece of it. They launched a management
buyout in June, first buying CCT`s interest in Celestial and then bringing some powerful Internet investors into the unlisted online
broking subsidiary. Richard Li`s Pacific Century CyberWorks now has 4% of CASHon-line; Hikari Tsushin, 19%; and Fortuna
International, a Taiwanese private equity firm, another 4%. In March, the Hong Kong tycoon Nina Wang bought 7% of CASH
on-line.

Kwan and Khoo were lucky. CCT was ready to cash out in order to concentrate on an Internet joint venture with NTTDoCoMo.
The two negotiated a price per share of just over half a cent from CCT, a 25% premium to the share`s net asset value but an 85%
discount to what the shares were trading at in the open market at the time of the buyout. Celestial also repaid CCT`s loan, partly in
cash, the rest in new equity, which was distributed to CCT`s shareholders.

The transaction put around 57% of Celestial`s shares in Kwan`s and Khoo`s hands at a price of $6.5 million. The two also bought
a $13 million convertible note and turned it into a billion new shares after the buyout. The shares peaked just shy of 15 cents on
the last day of 1999 before falling back to 7.7 cents in March`s technology bloodbath. Still, Kwan and Khoo`s stake is worth $169
million (after a November cash call reduced their holding to 45%).

Now that the online brokerage is well established, Celestial is taking on Hong Kong`s banking cartel. The brokerage can`t
challenge the banks directly, because obtaining a banking license in Hong Kong is almost impossible. But Celestial is offering its
customers a service that tracks the best rates on loans and deposits among Hong Kong`s many banks.

The service, called e-finance, is a loss leader, but it fits in with the firm`s plans to be a hub for retail financial services. And it
keeps the attention of Celestial`s users by providing instant comparisons and rankings that would take hours of phone calls to
duplicate.

Eventually Kwan hopes to convince financial institutions to launch online financial services and products through Celestial`s site,
allowing the portal to generate revenue by charging a fee for clients that are passed through. (The site already sells ads, as does
CASH online.)

Kwan has also set up a joint venture with Hong Kong`s largest mutual fund distributor, Pegasus, to capitalize on the territory`s
new defined-contribution pension system, known as the Mandatory Provident Fund. The new pension fund market will eventually
be huge. "There are 3 million people working in Hong Kong, and only one third of them have provident funds," explains Khoo. The
other 2 million will begin mandatory contributions of 5% of their salaries--many matched by their employers. All of the funds will be
invested, mostly in mutual funds and unit trusts.

Khoo and Kwan are now poised to set up more strategic partnerships and help pioneer online financial services in Greater China.
Through a series of cash calls, convertible bonds and the money raised from partnerships, Celestial has about $140 million in
cash. Kwan put some of that money into RedChip, a U.S. company that specializes in analyzing U.S. microcap stocks--the kind
of penny stocks that Hong Kong investors love to dabble in. Kwan and Khoo hope to provide their clients with similar analyses of
Asia`s forgotten microcaps.

But as Celestial expands in new directions, its core businesses are facing new competition every day. Now, every sizable
brokerage in Hong Kong offers online trading or will soon, but Celestial still claims close to a 50% share of that market. Even if
Celestial`s slice continues to shrink, the pie is expected to grow exponentially. International Data Corp. forecasts that 40% of Hong
Kong trades will be processed online by 2004. Now only 10% are, up from 5% last year.

And Celestial still has an edge over the competition in several areas: It`s one of the only brokerages trading popular equity futures
directly with the futures exchange online and the only one that can process orders sent through a short-messaging service on a
mobile phone. Unlike some online competitors, which must reroute orders through a licensed brokerage, Celestial has a seat on
the exchange. Celestial`s floor traders can send a trade report to a customer within ten seconds of execution--still the fastest in
Hong Kong.

Celestial`s web and phone services together with the retail shops process about $77 million in stock trades daily, more than 2% of
the total turnover on the Hong Kong exchange. Not bad in a market that`s dominated by big institutional players. When Kwan
bought the firm two years ago, it had only a 0.3% market share. Celestial swung back into the black last year with a profit of $12
million on revenues of $31.6 million, thus reversing a 1998 loss of $22 million.

But attracting new clients will be more expensive as the field becomes more crowded. Celestial now spends only $40 to $65 to
recruit each new client, but Adrian Ngan, an analyst with BNPPrime Peregrine, predicts that costs will rise as online brokers offer
soft rebates to attract new business.

One marketing ploy: iGame. In the first round Celestial clients were given an imaginary $130,000 to invest in any way they chose.
In the first round, one investor turned that imaginary pile into $900,000 in one month. Prizes for three separate rounds of the game
include a Mercedes-Benz, $130,000 in real cash and an apartment.

Expect to see the frenetic pace of innovation and partnerships continue at Celestial. Kwan knows that any number of big
international brokerages could crush his business if they wanted to. For now, Celestial is enjoying its first-mover advantage as
more competitors crowd an online brokerage market that`s growing rapidly.

[sevim]

Hallo Casher,

bin seit heute wieder back on the net.
Urlaubszeit ade und was sehe ich, einen weiteren Abfall der NewEconomy.
Der Trend scheint also noch nicht gebrochen zu sein.
Wird für uns alle ein hartes Jahr. Dennoch möchte ich anmerken, daß die Companies, die dieses Loch einigermaßen unbeschadet überstehen, diejenigen sein werden, die bei einer Erholung der Märkte am schnellsten wieder Boden gutmachen werden.

@Duplex: Danke für deine Beiträge, werde jetzt auch wieder für unser Baby was tun. Also bis dann...............

[kahunaburger]

hallo, was meint ihr ?? wird es zeit sich zurückzuziehen ??
hört sich ja echt schlimm an !


Chinas Regierung schafft durch neue Internet-Bestimmungen digitalen Polizeistaat
Von Martin Kühl, Peking

Die chinesische Regierung hat Vorschriften und Beschränkungen für den Betrieb von Internet-Seiten vorgelegt, deren Umsetzung den chinesischen Teil des Internets in einen digitalen Polizeistaat verwandelt. Sie verpflichten Internet-Unternehmen in China zu umfassender Selbstzensur.

Auch die Aktivitäten von Kunden werden durch die Provider eingeschränkt. Ausländische Investitionen im Internet-Sektor werden beschränkt. Peking startet damit den Versuch, sein Monopol auf öffentliche Meinung auch im Zeitalter der modernen Kommunikation zu verteidigen. Zwar wird das Netz nie ganz zu kontrollieren sein. Die neuen Bestimmungen verleihen dem Ministerium der Informationsindustrie (MII) aber die nötige Macht, um den Druck auf die Internet-Branche und so ihre Abhängigkeit vom staatlichen Wohlwollen deutlich zu erhöhen. Bei ausländischen Branchenbeobachtern heißt es, selbst Pessimisten hätten nicht mit so scharfen Auflagen gerechnet. Das meist konservative MII hat Informationsanbietern im Netz die Verantwortung übertragen, verbotene Inhalte von Websites, Newsgroups und Chatrooms fern zu halten.



Illegale Aktivitäten melden



Verboten ist, was die Staatsmacht untergrabe, die Wiedervereinigung mit Taiwan behindere oder "Kulte" wie die Falun-Gong-Bewegung propagiere. Die vage gehaltenen Definitionen lassen dem Staat dabei genügend Raum für Eigeninterpretationen. Illegale Aktivitäten müssen von den Dotcoms blockiert, gespeichert und der Behörde gemeldet werden.


"Internet-Unternehmer werden so durch Zwang zu einem Teil des Pekinger Kontrollsystems", sagt ein Brancheninsider. Nicht nur Inhaltsanbieter, sondern auch die Betreiber von Internet-Zugängen müssen sämtliche Netzbewegungen inklusive Telefonnummern der Surfer 60 Tage lang speichern und auf Anfrage der Polizei aushändigen.


Viele Chinesen diskutieren online politische Fragen. Besseren Zugriff verspricht sich die Polizei auch auf verbotene Dissidentengruppen oder religiöse Bewegungen, die das Netz verstärkt als Kommunikationsplattform nutzen.


Bis Ende November müssen sich alle Dotcoms neu registrieren lassen. "Wer nicht pariert, muss um seine Lizenz fürchten", sagt Duncan Clark, Internet-Analyst bei BDA China Ltd. in Peking. Er rechnet damit, dass einige Provider China verlassen. Denn über Proxy-Server umgehen immer mehr Chinesen die Blockierung ausländischer Nachrichtenseiten.




Erlaubnis zur Kooperation mit dem Ausland




Nach den neuen Vorschriften benötigen Dotcoms die Erlaubnis des MII für die Kooperation mit Ausländern. Ausländische Unternehmen haben jedoch in der bestehenden rechtlichen Grauzone schon rund eine Mrd. $ in China investiert. Wegen fehlender Genehmigungen könnte das MII nun solchen Firmen die Lizenz entziehen. Damit rechnen Insider allerdings nicht: "Vor allem will das Ministerium die Muskeln zeigen."


China hat sich verpflichtet, nach dem Beitritt zur Welthandelsorganisation WTO 49-prozentige und später auch 50-prozentige ausländische Beteiligungen an chinesischen Dotcoms zu erlauben. Den Investoren sende der jetzige Vorstoß ein verheerendes Signal, so Analyst Clark. "Schließlich erhöht die starke Abhängigkeit vom Staat das Risiko."


Für die meist privaten Internet-Startups hätte das Versiegen ausländischer Geldquellen verheerende Folgen. Lokale Investoren gibt es kaum, der Weg an Chinas Börsen ist noch versperrt, und die Banken verfolgen eine restriktive Kreditpolitik.



© 2000 Financial Times Deutschland

[sevim]

Hallo Casher

newsnewsnewsnewsnewsnewsnewsnewsnewsnewsnewsnewsnewsnews


16:07 04-OCT-2000
Celestial Asia (1049-HK) offers Internet margin trading

Celestial Finance of the CASH group said it is launching an Internet finance service for in-trade clients on on-line trading of 200 selected securities that are listed on The Stock Exchange of Hong Kong on margin basis.

The trading limit is at a maximum of six times the initial cash balance.

The company will finance 60 pct of the market value of the blue-chip shares.

The leverage trading interest rate is set at prime rate plus 4 pct per annum.

The service also carries an online award feature which is similar to some credit card bonus point offers.

(End)

______________________________________________________________________

17:46 04-OCT-2000
Celestial Asia (1049-HK) online customers over 13,000

The executive director of Celestial Asia Securities Holdings Ltd`s (1049-HK) CASH on-line said that the launch of its online margin service is targeted at new customers.

It recorded 13,000 to 14,000 customers using its traditional service by September.

It added that the conventional margin business credit facility will be $200 million to $300 million.

Of the amount, $100 million will be paid by internal resources and the balance will be paid by bank credits.

It also said that there are about 600 counters in the stock market and that only 20 are expected to fall by 20 pct.

He therefore, does not feel that margin trading will be at a high risk.

There is sufficient risk management safeguards as compulsory selling will take place when the share price has fallen by 12 pct.

(End)

_____________________________________________________________________


Ich muß allerdings zugeben, daß ich diese news nicht ganz verstehe.
Fachwissen oder eine gute Übersetzung sind gefragt.

endendendendendendendendendendendendendendendendendnendendendend

[Duplex]

Hallo Leute!

@sevim: Wollte es übersetzen, aber bin bei "convential margin business credit facility" hängen geblieben! Hab es aber trotzdem weiterversucht und bin zu folgender Schlußfolgerung gekommen:

Text 1:
Kreditaufnahme auf Aktien im Depot ( falls einer der 200 Blue Chips ) um Aktien kaufen zu können soll gewährt werden. Ist bei uns in D auch beschränkt möglich.

Text 2:
Meiner Meinung nach, wollen die einen bergenzten Handel anbieten, welcher Newies schützt. Die Aktien die um 12 % Verlußt machen werden automatisch verkauft....

Ich hoffe ich habe alles richtig Übersetzt, aber ich denke das ist damit gemeint!

@kahunaburger: Was betrifft das uns??????? Celest ist kein Provider!!! Und wichtige Staatsinfo`s werden dort auch nicht gehandelt. Nur Aktien, Geld und Glasfaserkabel ( Produktion )!! Also nichts was DIE stöhrt! Desweiteren ist uns schon von Anfang an bekannt, daß in China viel zensiert wird. Alle die dort in Urlaub waren und dort im Internet herumgesurft sind wissen da bescheid ( nicht ich aber ein guter Bekannter ). Ist echt lustig normale Internetseiten wie Yahoo unvollständig aufgebaut zu nutzen. Also male hier nicht mit schwarzer Farbe rum!!! Falls es dir zu "gefährlich" ist, dann ist das Aktiengeschäft für dich nichts!!! Kauf dir dann besser deutsche Staatsanleihen oder ultrakonservative Fonds. Dann brauchst du dir keine Gedanken mehr zu machen.

Gruß
Duplex

[Nissie]

Cash - auf lange Sicht erfolgreich, das ist ein Beitrag in der Euro am Sonntag, der lesenswert ist.

[Duplex]

Hallo Leute!

Falls ich heute nichtmehr dazu komme....kann mir jemand den Bericht hier reinstellen???

Besten Dank!

Gruß
Duplex

[Duplex]

Hi Leute!

Bericht ziemlich kurz aber ganz ok! Schade das er nur auf der vorletzten Seite steht. Hoffen wir mal, daß es einem Analysten auffällt und unsere Aktie noch bekannter macht. Nochmals danke an den Verfasser!!

Gruß
Duplex

@Sevim: Urlaubskater??? Von dir hört man ja garnix mehr!

[sevim]

Hallo Casher,

@ Duplex: leider habe ich wirklich nicht so viel Zeit. Wird sich ab Montag aber wieder ändern.
Sieht momentan auf dem gesamten Aktienmarkt eh zum wegschauen aus.

MFG sevim

[sevim]

Hallo Casher,

bestimmt habt ihr schon bemerkt, daß www.cash.com.hk jetzt schon den Ableger

http://www.cashon-line.com/home/eng

ab dem 4.10.2000 ins Netz gestellt hat. Ist allemal ein Besuch Wert, zumal im MarketFocus viele nützliche Hinweise zum HongKonger Markt stehen.

MFG sevim

[Duplex]

Hallo Casher!

Hier ein Bericht von Forbes über unser CASH!May 01, 2000 Forbes CAAFF article (nice read):

http://www.forbes.com/forbesglobal/00/0501/0309074a.htm

The fall and rise of Celestial Asia Securities defied skeptics and made a small fortune for its new owners Pennies From Heaven

By Deborah Orr

Cheerful Securities, a tiny Hong Kong brokerage, was a cheerless place at the height of the region`s financial typhoon. The stock market had crashed, several prominent clients couldn`t repay their margin loans, and in February 1998 market regulators in Hong Kong were about to pull the plug on the bankrupt brokerage.

Along came a white knight, in the form of Bankee Kwan, a managing director in charge of strategy and operations at CCT Telecom. He convinced his board to take a chance on Cheerful. After a competing bid for the brokerage fell through, Kwan had only 30 minutes to make his final decision. While he sweated over the paperwork in his banker`s office, an employee of Hong Kong`s Securities & Futures Commission waited at Cheerful`s headquarters for proof that CCT, a telecom network and equipment holding company, would put up enough money to cover a possible run on the brokerage. Clients had already started deserting in droves. If Kwan didn`t put up the money and sign, it was curtains for Cheerful.

He signed. For $2.1million (HK $16.5 million) and a loan of $32 million, CCT gained 51% of the 25-year-old retail brokerage--and its $35 million in bad debts. Critics scoffed. For one thing, Kwan and his team were all bankers and accountants by training. What did they know about wheeling and dealing in a stock market already traumatized by the collapse of Peregrine Investment Holdings, Hong Kong`s biggest local brokerage?

But Kwan`s gamble paid off. A move onto the web and some powerful partners--Hong Kong`s Pacific Century CyberWorks and Japan`s Hikari Tsushin--have propelled the brokerage into Asia`s New Economy.

First, Kwan changed Cheerful`s name to Celestial Asia Securities Holdings Ltd.--CASH for short. He resisted pressure from CCT`s board to sack half the staff and close branches.

Instead, he drew on his experience as a former manager at American Express in Hong Kong and trained his wary staff in the art of serving customers--a rare commodity among Hong Kong brokers. Every employee, moreover, now has a vested interest in winning new clients and keeping old ones--stock options. Then, in October 1998, Kwan took the new brand online, the first member of Hong Kong`s stock exchange to take orders over the Internet.

It took more than six months and $250,000 in new hardware to make Celestial a web-based company. Again, critics scoffed. "People said, `Don`t waste your money. There is no market for online trading,`" recalls Managing Director Ken Khoo, who left his investment banking job to work with Kwan, a former client. Traditional retail investors in Hong Kong and much of Asia prefer to sit in front of an electronic board and watch their share prices move.

Celestial still has its low-tech retail clients--around 32,000 of them, up from 18,000 two years ago. But it has added 8,000 new online clients, some as far away as Peru and the Netherlands. "We have found that our Internet customers are a completely different crowd from our office-based clients. There was less than 1% changeover when we introduced the online option," says Khoo.

Kwan and Khoo realized they were on to something big, and they wanted to own a piece of it. They launched a management buyout in June, first buying CCT`s interest in Celestial and then bringing some powerful Internet investors into the unlisted online broking subsidiary. Richard Li`s Pacific Century CyberWorks now has 4% of CASHon-line; Hikari Tsushin, 19%; and Fortuna International, a Taiwanese private equity firm, another 4%. In March, the Hong Kong tycoon Nina Wang bought 7% of CASH on-line.

Kwan and Khoo were lucky. CCT was ready to cash out in order to concentrate on an Internet joint venture with NTTDoCoMo. The two negotiated a price per share of just over half a cent from CCT, a 25% premium to the share`s net asset value but an 85% discount to what the shares were trading at in the open market at the time of the buyout. Celestial also repaid CCT`s loan, partly in cash, the rest in new equity, which was distributed to CCT`s shareholders.

The transaction put around 57% of Celestial`s shares in Kwan`s and Khoo`s hands at a price of $6.5 million. The two also bought a $13 million convertible note and turned it into a billion new shares after the buyout. The shares peaked just shy of 15 cents on the last day of 1999 before falling back to 7.7 cents in March`s technology bloodbath. Still, Kwan and Khoo`s stake is worth $169 million (after a November cash call reduced their holding to 45%).

Now that the online brokerage is well established, Celestial is taking on Hong Kong`s banking cartel. The brokerage can`t challenge the banks directly, because obtaining a banking license in Hong Kong is almost impossible. But Celestial is offering its customers a service that tracks the best rates on loans and deposits among Hong Kong`s many banks.

The service, called e-finance, is a loss leader, but it fits in with the firm`s plans to be a hub for retail financial services. And it keeps the attention of Celestial`s users by providing instant comparisons and rankings that would take hours of phone calls to duplicate.

Eventually Kwan hopes to convince financial institutions to launch online financial services and products through Celestial`s site, allowing the portal to generate revenue by charging a fee for clients that are passed through. (The site already sells ads, as does CASH online.)

Kwan has also set up a joint venture with Hong Kong`s largest mutual fund distributor, Pegasus, to capitalize on the territory`s new defined-contribution pension system, known as the Mandatory Provident Fund. The new pension fund market will eventually be huge. "There are 3 million people working in Hong Kong, and only one third of them have provident funds," explains Khoo. The other 2 million will begin mandatory contributions of 5% of their salaries--many matched by their employers. All of the funds will be invested, mostly in mutual funds and unit trusts.

Khoo and Kwan are now poised to set up more strategic partnerships and help pioneer online financial services in Greater China. Through a series of cash calls, convertible bonds and the money raised from partnerships, Celestial has about $140 million in cash. Kwan put some of that money into RedChip, a U.S. company that specializes in analyzing U.S. microcap stocks--the kind of penny stocks that Hong Kong investors love to dabble in. Kwan and Khoo hope to provide their clients with similar analyses of Asia`s forgotten microcaps.

But as Celestial expands in new directions, its core businesses are facing new competition every day. Now, every sizable brokerage in Hong Kong offers online trading or will soon, but Celestial still claims close to a 50% share of that market. Even if Celestial`s slice continues to shrink, the pie is expected to grow exponentially. International Data Corp. forecasts that 40% of Hong Kong trades will be processed online by 2004. Now only 10% are, up from 5% last year.

And Celestial still has an edge over the competition in several areas: It`s one of the only brokerages trading popular equity futures directly with the futures exchange online and the only one that can process orders sent through a short-messaging service on a mobile phone. Unlike some online competitors, which must reroute orders through a licensed brokerage, Celestial has a seat on the exchange. Celestial`s floor traders can send a trade report to a customer within ten seconds of execution--still the fastest in Hong Kong.

Celestial`s web and phone services together with the retail shops process about $77 million in stock trades daily, more than 2% of the total turnover on the Hong Kong exchange. Not bad in a market that`s dominated by big institutional players. When Kwan bought the firm two years ago, it had only a 0.3% market share. Celestial swung back into the black last year with a profit of $12 million on revenues of $31.6 million, thus reversing a 1998 loss of $22 million.

But attracting new clients will be more expensive as the field becomes more crowded. Celestial now spends only $40 to $65 to recruit each new client, but Adrian Ngan, an analyst with BNPPrime Peregrine, predicts that costs will rise as online brokers offer soft rebates to attract new business.

One marketing ploy: iGame. In the first round Celestial clients were given an imaginary $130,000 to invest in any way they chose. In the first round, one investor turned that imaginary pile into $900,000 in one month. Prizes for three separate rounds of the game include a Mercedes-Benz, $130,000 in real cash and an apartment.

Expect to see the frenetic pace of innovation and partnerships continue at Celestial. Kwan knows that any number of big international brokerages could crush his business if they wanted to. For now, Celestial is enjoying its first-mover advantage as more competitors crowd an online brokerage market that`s growing rapidly.

[sevim]

Hallo Casher,

hier der heutige Market Fokus von Cashon-line, wo man auch lesen kann, das die Ipos in HongKong GEM noch sehr gute Kurssprünge liefern in gegensatz zu Deutschland.
_____________________________________________________________________

Market Focus
HSI extend losses
(Closing) Local shares prices took a sharp fall today following the disappointing decline on Wall Street yesterday, on the continuing concerns over U.S. corporate earnings in the fourth quarter. The telecom stocks, PCCW (0008) and China Mobile (0941) remained under pressure with poor market sentiment.

The Hang Seng Index was unable to climb back close to the 15,000 mark. It opened extended its decline throughout the day and closed down 414.91 points, or 2.79% to 14,458.52, having fluctuated between 14,356.06 and 14,751.94, its highest at the opening level.

PCCW (0008) continues to tumble, plunging 8.63% to HK$6.35, still under selling pressure, since its valuation has been questioned by investors, wondering when it will roll out NOW services or whether it is viable. China Mobile (0941) fell 3.45% to HK$49, contributing to a 99.7 points drop in the HSI, with turnover of 14.3 million shares. It kicked off an introduction on its US$600 million convertible bonds issue on Monday.

HSBC (0005) fell on profit-taking after significant gains yesterday, it climbed to HK$109 early this morning, but closed at HK$107, down HK$1.5, or 1.38%. Cheung Kong (0001) dipped HK$3.25, or 3.63% to HK$86.25, while Hutchison (0013) shedHK$4.75, or 5% to HK$90.25.

Red chips underperformed, with the HSCCI dropping 5.57%, or 57.79 points to 980.14. Legend Holdings (0992) fell 8.2% to HK$5.6 and China Resources (0291) dropped 5.99% to HK$7.85.

State-owned enterprises did not perform much better, it slid 4.82% or 20.07, paced by PetroChina (0857), which plunged 5.33% to HK$1.6.

GE Index shed 4.34% to a new low of 330.06, with its 3 leading Internet stocks plunging to or close to its record lows. Tom.com (8001) fell HK$0.1 short of its 52-week low of HK$2.8, closed 6.45% lower to HK$2.9. While, SUNeVision (8008) and hongkong.com (8006) dived to a new-low at HK$3.475, a fall of 7.95% and HK$0.4, lost of 8.05%, respectively.

The two new stock debuted on the main and second board performed well despite the enormous pressure in the market, Upbest Group (0335) which debuted on the main board jumped 21% to HK$1.27 from its IPO price of HK$1. Town Health International (8138), a GEM play, jumped as much as 276% to HK$4.7 from its issued price of HK$1.25, and closed at HK$3.025.



--------------------------------------------------------------------------------

CASH on-line Ltd.
All rights reserved. Close
_____________________________________________________________________

Ich werde diesen Market Fokus so oft es geht jetzt hier posten, damit man einen Überblick dafür bekommt, was in HongKong so läuft.


MFG sevim

P.S.: Der Umsatz von Cash war heute relativ hoch (4 Mio. Euro etwa), was wieder beweist, daß Cash antizyklisch ist.

[sevim]

Hallo Casher,

hier das voraussichtliche Datum für das Cashon-line Listing, es ist bald so weit und unsere 10 % Gratisaktien werden mit Leben angehaucht.
______________________________________________________________________
CN-Markets News





Related Quotes
1049 CELESTIAL ASIA
0.325 0.030




09:45 17-OCT-2000
Celestial Asia (1049-HK) spins off CASH on-line to GEM

CASH on-line, an associated company of Celestial Asia Securities Holdings Ltd, has applied to the Stock Exchange for a listing of CASH on-line on the GEM.

CASH on-line has retained BNP Paribas Peregrine Capital Limited and Celestial Capital Limited respectively as the sponsor and the co-sponsor of the listing.

Tentative schedule for the proposed listing is around late November or early December.



(End)
______________________________________________________________________

[sevim]

Hallo zum zweiten,

hier der tägliche Market Fokus Bericht von Cashon-line:
_____________________________________________________________________Market Focus
Local stocks in volatile run
Hong Kong stocks experienced a vigorous and volatile session today. The Hang Seng Index clanged close to falling below the 14,000 mark in the morning session, which had fallen to a low of 14,107.74, down nearly 350 points in mid-morning trade. It crawled back up to its highest point at closing to 14,422.52, down 36 points, or 0.25% with much of the loss being taken over in its final hour of trade. Trade was active with total turnover of HK$13.17 billion.

PCCW (0008) extended its loss early on, plunging below HK$6 at one point, bottoming to HK$5.9 this morning, and it narrowed its loss at closing, down 1.57% to HK$6.25. The chairman, Richard Li was quoted as saying that it may sell more stakes in it mobile phone business to fund the development of third-generation mobile phone services if it was not able to go public.

China Mobile (0941) returned and closed up 1.43% to HK$49.7.

HSBC (0005) was taken up at a bargain price today, it amounted to HK$1.878 billion of turnover on the HSI. It fell to a low of HK$102 early on and reversed in late afternoon trade to close at HK$105, down HK$2, or 1.87%. Cheung Kong (0001) inched HK$0.5 or 0.58% to HK$86.75, while Hutchison (0013) jumped HK$2.75, or 3.05% to HK$93.

Red chips traded mixed with the HSCCI dipping 0.57% to 974.51. China Resources (0291) climbed up 1.91% to HK$8, following its subsidiary, China Resources Enterprise announced plans to invest RMB$200 million to RMB$300 million to set up 30 petroleum service stations in the mainland in the coming two years, and an additional 20 within the next three years. Legend Holdings (0992) reversed loss and rose 1.79% to HK$5.7.

State-owned enterprise underperformed. The HSCEI fell 4.33%, or 17.18 points to 379.28, with PetroChina (0857) plunging 6.25% to HK$1.5.

Growth Enterprise stocks were among mixed sentiments. tom.com (8001) plunged to its lowest level in trade but closed up 6.03% at HK$3.075. Both SUNeVison (8008) and hongkong.com (8006) had fallen to an all new lows this morning, to HK$3.15 and HK$0.355, respectively, but SUNeVision then reversed to close unchanged at HK$3.475, while hongkong.com was down 3.75% to HK$0.385.

China Petroleum & Chemical Corp. (Sinopec) (0386), the biggest oil refiner in China, made its debut on the main board in Hong Kong today. It rose above its IPO price early on at opening, hitting a high of HK$1.62 and fell to a low of HK$1.5. It closed at HK$1.54, down 3.1% from its IPO price of HK$1.59.


--------------------------------------------------------------------------------

CASH on-line Ltd.
All rights reserved. Close

[Kpt.Blaubaer]

@ all

Ich habe ein Problem beim Versuch die Seite www.e-finet.com aufzurufen.
Netscape schmiert jedesmal ab. Ich habe zwar seit einiger Zeit die Seite nicht aufgerufen aber vor ca zwei bis drei Wochen
ging es noch problemlos.
Hat jemand eine Idee ??
Wenn nicht - wo bekomme ich sonst CASH Kurse (HK-Kurse ), wenn möglich natürlich realtime.

Ich habe gestern übrigens meinen Bestand an CASH mehr als verdoppelt.(Vielen Dank an die Verkäufer)
Wollte zwar verdreifachen, in Berlin hat mir aber keiner mehr was für 0,05 Euro verkauft.
Schade - aber vielleicht wird`s ja heute noch was - habe bis ultimo geordert.
Risiko sehe ich bei diesen Kursen eigentlich keines mehr. Solten wir auf 0,04 gehen, wird nochmal nachgekauft.
Bis März/April nächsten Jahres glaube ich locker an 100 %.
Aber mal sehen, ich möchte hier keinen verleiten etwas zu kaufen von dem er nicht überzeugt ist.

(Es ist eine relative einfache Regel von mir - nur die Aktien im Depot halten/kaufen , von denen man noch überzeugt
ist und die man zum jeweilig aktuellen Zeitpunkt wieder kaufen würde).
Ich mache übrigens mit Aktien, die ich bereits im Depot habe die besten (weiteren ) Geschäfte. Ich halte es für wesentlich
einfacher als andauernd neue Werte aufzunehmen, was natürlich nicht heißt, dass ich keine neuen Wert beobachte
und s.o. sollte ich von diesen überzeugt sein auch kaufe.

[sevim]

Hallo Casher,

versuchs mal mit stockhouse.com.hk in der englischen version, du mußt dich zwar für Realtime Kurse anmelden, aber das geht sehr schnell.

Ansonsten müßte Cash so langsam wider nach oben gehen.
Hier der tägliche Fokus Report.
_____________________________________________________________________Market Focus
Local stocks in robust come back
(20/10 P.M.) Hong Kong stocks rallied, with Hang Seng Index back to break above the 15,000 level barrier before midday following three days of decline. It was brought on with the rebound during yesterday`s last hour trade and the robust incline in technology stocks on Wall Street overnight, which was paced by Software giants Microsoft and mobile phone maker, Nokia who reported better-than-expected third-quarter results.

The Hang Seng Index jumped 622.01 points, or 4.31% to 15,044.53, it soared nearly 700 points in late afternoon trade with a gain of 682.93 to 15,105.45. The index did not fall below its opening point of 14,822.42 and was in straight rally during the day. Technology and telecom-related stocks contributed enormously to the HSI, with China Mobile (0941) pushing the HSI up 231 points, contributing a trade volume of 28.6 million shares, accounted for 14% today`s turnover of HK$11.42 billion total urnover.

PCCW (0008) surged 4% to HK$6.5 today, returning from below HK$6 yesterday. The chairman of the company, Richard Li, intends to arrange bank loan with personal identity to increase stake in the company. China Mobile (0941) jumped HK$4.05, or 8.15% to HK$53.75, while Legend Holdings (0992) soared 9.65% to HK$6.25.

HSBC (0005) was still under bargain hunting, it was the second largest mover on the HSI, with 8.92 million shares changing hands. It gained 2.38% to HK$107.5. Cheung Kong (0001) rose 3.46% to HK$89.75, while Hutchison gained HK$3.25 to HK$96.25.

Red chips and state-owned enterprises rose in line with the market. HSCCI rose 6.25% to 1,035.44, with China EB Tech (0256) soaring 21.21% to HK$0.4. State-owned stocks jumped mostly across the board, moving the HSCEI up 4.33%. PetroChina (0857) climbed 4% to HK$1.56, while Sinopec Corp. (0386) rose above its IPO price of HK$1.59, up 3.9% to HK$1.6.

GEM stocks rose with the positive market sentiment, the GE Index jumped 4.6% to 344.32. tom.com (8801) rose 6.5% to HK$3.275, hongkong.com (8006) surged 7.79 to HK$0.415, while SUNeVision (8008) gained 7.91% to HK$3.75.




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CASH on-line Ltd.
All rights reserved.
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MFG sevim

[Kpt.Blaubaer]

Vielen Dank

stockhouse klappt

Schönes Wochenende

[Duplex]

Hallo Leute!

Hab die Cash online drinnen! Naja viel Wert sind die ja auch nicht laut Consors-Aktienkurs . Kurse sind aber auch nicht über WKN 501429 zu bekommen. Hat da jemand mehr Info???

Gruß
Duplex

[sevim]

Hallo Casher,

@ Duplex: Das sind nicht die Cashon-line Aktien, sondern die 10% Gratisoptionnsscheine, die endlich auch bewertet sind. Meine 10000 Stück haben insgesamt einen Wert von 74 €.
Die 10 % Gratis Cashon-line Aktien bekommen wir erst nach der IPO gutgeschrieben. Und laut der Veröffentlichung vom 17 Oktober soll die Ipo Ende November bis Anfang Dezember dieses Jahres an der Wachstums und Technologiebörse GEM in HongKong stattfinden. Wir können mit 100%-400% Steigerung am ersten Tag rechnen, so die Ipo-Standart-Steigerungen der letzten Ipos an der GEM. Also, seid nicht so traurig wegen dem Cash-Kurs (0.05€), der wird mit der Ipo natürlich auch nach oben gehen.

Hier der obligatorische Blick auf HongKongs Märkte:
______________________________________________________________________Market Focus
HSI drifting in thin trade
(23/10 P.M.) The local market was traded through a roller coaster ride today, with the Hang Seng Index riding between a narrow range of 14,864.83 and 15,038.25. Trade was thin, with total turnover of HK$6.7 billion, indicating investors` cautiousness over the news of PCCW (0008)`s request for a suspension of trading in its shares this morning. The HSI closed up 57.83 points, or 0.38% to 15,102.36, crawling slightly upward from the morning session of a 4.63 points, or0.03% loss.

Most local telecommunication-related counters sustained the rebound from last Friday. Smartone (0315) jumped 1.81% to HK$11.25 following the news that its British Telecommunications shareholder was rumored to be selling its Asian interest to reduce debt. Hutchison (0013) rose 0.52% to HK$96.75, while China Mobile (0941) fell HK$1.5, or 2.79% to HK$52.25. Hutchison (0013) climbed 0.52% to HK$96.75.

PCCW (0008) was suspended from trading today, pending an announcement by the company related to a proposed open offer of shares in the and the issuance of convertible. After the market closing, the company announced a right issue at 1000 to 30 basis at a price of HK$6.5, with 2 bonus stock warrants to every right share, to raise HK$4.134 billion. The company will separately issue US$1.2 billion convertible bonds with three-year term at annual interest rate of 6.6%, whose strike price has a 22% premium. The market news said chairman Richard Li will subscribe for US$500 million of the bonds.

HSBC (0005) had a strong showing, with a gain of HK$3 to HK$110.5, while Hang Seng Bank (0011) rose 1.98% to HK$90. Cheung Kong (0001) fell 0.56% to HK$89.25.

Red chips and H-shares showed similar results, with the HSCCI rising a mere 3.52 points, or 0.34% to 1,038.96. Computer-related stocks remained strong with Legend Holdings (0992) jumping 3.2% to HK$6.45.

State-owned stocks were pushed up by the robust jump of ChinaPetro (0857), who rose 5.13% to HK$1.64, with the uncertainty of the affects of oil prices due to the refuelling tension in the Middle East. Sinopec Corp. (0386) fell 1.88% to HK$1.57.

GE stocks traded mixed, with the GE Index up 0.55% to 346.22. tom.com rose 2.29% to HK$3.35, hongkong.com (8006) fell 1.2% to HK$0.41, while SUNeVision (8008) was unchanged at HK$3.75.

i-Wood International (0162) deputed on the main board today falling 30% of its IPO price of HK$0.8. It closed at HK$0.56 with 22.15 million shares turnover.



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[sevim]

Hallo Casher,

der Umsatz von Cash ist wieder schwächer geworden, der HangSeng hat jedoch zugelegt. Positiv heute sind die positiven Verhandlungen zwischen der EU und China zu sehen, die einen Beitritt in die WTO nun endgültig den Weg gewappnet hat. Zum Ende des Jahres erwarten uns zwei Highlights: IPO Cash-Online Ende November:Geschenke
WTO-Beitritt Chinas Ende des Jahres: mehr Auslandskapital.
Freut euch schon mal.
______________________________________________________________________

Market Focus
PCCW pushes HSI below 15,000
(24/10 P.M.) Local stocks extended its loss in the afternoon, clinging around the 15,000 level under pressure from Pacific Century CyberWorks (0008). Hutchison continued to support the market thoughout the day, leading to support the HSI on the upswing. The Hang Seng Index closed down 176.64 points to 14,925.93, after falling below the 15,000 mark in mid-afternoon trade, off a high of 15,209.83 and a low of 14,885.65, representing a gain of 106.98 and a loss of 216.71, respectively. The telecom section contributed to most of the downfall of the benchmark index. PCCW (0008) accounted for HK$2.67 billion, or nearly 30% of the total HK$8.393 turnover in the market.

Pacific Century CyberWorks fell nearly 12% under the plan to issue new shares and the issuance of convertible bonds, which will reduce shareholders` share of earnings and suggests pressure from bankers to improve the firm`s loan situation. Despite the downturn in dampened sentiment, the decline were believed to be limited by the purchase of US$500 million of bonds and shares respectively by the company`s chairman, Richard Li. It closed plunging 11.54% to HK$5.75, with turnover amounting to HK$2.666 billion.

Hutchison (0013) was the largest supporter among the blue chips, helping to offset some of the negative impact from CyberWorks. It jumped HK$1, or 1.03% to HK$97.75. Following the close of Italian 3G auction, Hutchison Whampoa may take one of the licenses with a price far lower than that of British and German 3G, and the securities sector believe the result will have a positive impact to Hutchison.

HSBC (0005) stood its ground unchanged at HK$110.5, reaching a high of HK$112. Cheung Kong (0001) was unable to sustain it price with the low sentiments among the property market, it dropped 0.84% to HK$88.5. China Mobile (0941) fell 2.87% in the afternoon session, unable to withstand the pressure in the telecom sector, it dipped 2.87% to HK$50.75. Investors were cautious towards the stock, pending the response to its share placement.

Red chips and H-shares market underperformed with the HSCCI extended its fell to 2.49%, or 25.83. Legend Holdings (0992) fell 2.33%, or HK$0.15 to HK$6.3, unchanged from midday. COSCO Int`l Hold (0517) fell 15.38%, or HK$0.14 to HK$0.77. HSCEI dropped 1.87%, or 7.5 points. PetroChina (0857) remained in the run to add 1.22%, or HK$0.2 to HK$1.66. Sinopec Corp. (0386) plunged 4.46%, or HK$0.07 to HK$1.5.

Growth Enterprise performed mixed with the GE Index slipping 1.22% or down 4.22 points. Town Health (8138) continued to surge, rising 9.56% to HK$4.




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CASH on-line Ltd.
All rights reserved.
______________________________________________________________________

MFG sevim

[sevim]

Hallo nochmal,

ich wollte nur noch kurz einen Link reinstellen.
Der Link ist ein Demo von Cashon-line und zeigt, wie einfach man securities ordern kann.
______________________________________________________________________
http://www.cashon-line.com/demo/main_en.htm

______________________________________________________________________

Schaut euch das mal an.

[Duplex]

Hallo Casher!

@sevim Danke für die Info! Hahaha! Bei mir ist es auch nicht mehr! Naja besser etwas als garnix. Im November bekommen wir dann unsere eigentliche Belohnung!

Hat einer von euch gestern Frontal angeschaut?? Über Aktiengerüchte und deren Möglichkeiten wie auch im WO-Board kam dort ein Bericht. Keine Angst, es ging nur um das bekannte Problem mit den Pushern und Bashern. Falls eine Wdh. kommt auf jeden Fall anschauen!

Ach ja, die Umsätze sind der Hammer! Jetzt wird es langsam knapp mit den Aktien ( d.h. das Angebot wird immer kleiner ). Nur noch eine Frage der Zeit für den Anstieg des Kurses! Keine Angst, das war kein Pushversuch nur eine Feststellung ( BWL-1*1 ).

Auf zur Herbstrally!

Gruß
Duplex

[sevim]

Hallo Casher,

hallo Duplex, schön, daß ich dich aufklären konnte. Das Problem mit den Pushern und Bashern ist natürlich ein heikles Thema. Jeder, der sich zu einer Aktie äußert, gehört theoretisch in das jeweilige Lager.
Allerdings muß man wirklich unterscheiden, durch welche Art die Anleger manipuliert werden können. Jeder gute Verkäufer weiß, daß man beim Verkaufen die wahren Bedürfnisse des Käufers befriedigen sollte. Anders an der Börse, da spielen manchmal so etwas wie Instinkte und Bauchkribbeln eine wesentliche Rolle. Allein der Glaube entscheidet meist über eine Transaktion. Deshalb ist es hier so leicht, die inneren Triebe des Menschen sich zum Vorteil zu machen. Allerdings ist das auch der Grund, warum es manchmal einen heiden Spaß macht, zu Zocken. Der Mensch braucht einfach so etwas, allerdings sollte Betrug immer ein Grund sein,regelnd einzugreifen und die Spielverderber zu suspendieren. Und das funktioniert eigentlich sehr gut, je mehr Leute etwas beobachten und kontrolieren. Deshalb würde ich mir hier im Thread mehr Beiträge wünschen. Laßt mich nicht allein hier, ansonsten könnte ich auf dumme Gedanken kommen.

MFG svim

[tosse]

Du bist nicht allein...

[sevim]

Hallo Casher,

wußtet ihr eigentlich, daß die GEM-Börse in HongKong mal bei 1000 Punktet begonnen hatte. Mittlerweile kriecht der Index in den Dreihundertern rum. Ich glaub der Start der Börse war letztes Jahr im Herbst. Es sind auch nicht so viele Unternehmen notiert wie vorher angenommen. Und genau da soll COL seine Blüten entfachen. Eigentlich kein schlechtes Szenario, weil die Anleger erstens nicht so viel zur Auswahl haben, zweitens reagiert die GEM wahrscheinlich viel schneller auf Kursbewegungen, weil durch das Fehlen der breiten Masse die Volatilität hoch ist, drittens bereiten sich viele neue StartUps darauf vor, dort Fuß zu Fassen. Das Vorbild für diese Börse ist klar, nämlich die Nasdaq. Deshalb glaube ich, daß in naher Zukunft sich das Umsatzvolumen an der GEM bald vervielfachen wird, sobald es auf den anderen Börsen auch aufwärts geht. Von diesem Effekt werden natürlich die am meisten profitieren, die jetzt im Tiefpunkt mit ihrer Ipo an den Start gehen. Es kann also nur noch nach oben gehen. Der einzige Nachteil für Cashon-line ist die Tatsache, daß sie nicht so viel Geld einsammeln werden können. Also müßen so schnell wie möglich schwarze Zahlen geschrieben werden. Aber dafür wird das hervorragende Cash-Management schon sorgen.
Zum Schluß unser täglich Brot, der Marcet Focus:
______________________________________________________________________Market Focus
Local stocks in directionless trade
(26/10 p.m.) Share prices closed lower, led by profit taking in HSBC and selective selling in telecom stocks after the substantial falls on NASDAQ, dealers said.

The Hang Seng index will continue to lack clear direction amid uncertainty over the situation in the Middle East and the continued volatility in U.S. markets.

The Hang Seng Index closed down 64.90 points at 14,996.24, off a low of 14,764.50 and a high of 15,166.22, on turnover of HK$7.66 billion.

HSBC (0005) had been strong for the past week, and profit taking became inevitable, it closed down HK$3 to HK$108. Cheung Kong (0001) fell 1.14% to HK$86.75, while Hutchison (0013) took a moderate fall with 0.26% to HK$97.75.

Telecom stocks, including Pacific Century CyberWorks (0008) and China Mobile (0941), bucked the broader market trend, benefitting from bargain hunting after their recent losses. PCCW rebounded from its 52-week low this morning at HK$5.65 to closed up 2.54% to HK$6.05, on volume of 161.75 million shares. China Mobile was also boosted by rumours that its share placement has been well received by institutional investors, it rose 1.48% to HK$52.25.

The HSCEI was down 1.14 points at 389.45, while the HSCCI was up 14.88 points at 1,024.39. PetroChina (0857) fell 2.38% to HK$1.64, while Sinopec (0386) dipped 1.39% to HK$1.42. Red-chips were mixed, with Legend (0992) slipping 0.81% to HK$6.15.

GEM index was down 1.80 points at 339.40 on turnover of HK$127.90 million. tom.com (8001) was unchanged at HK$3.225, hongkong.com (8006) added HK$0.15 to HK$0.4, while SUNeVision (8008) fell 3.38% to HK$3.575.




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______________________________________________________________________

MFG sevim

[sevim]

Hallo Casher,

es sind mal wieder die 50 voll, deshalb eröffne ich den neuen Thread.

http://ipo-watch.de/include/suchen.php3?tid=282124&uid=&iid=…


MFG sevim