In the recent Pan Asia Strategy Report by Citigroup, it is having the opinion that
(1) with current valuation, return probabilities are skewed to upside.
(2) The realists are now more optimistic than the optimists.
(3) Asian central banks asset side of the balance sheet has stopped decelerating.
(4) On page 9 of this report, it suggest 25 gems to own till end of the year and 25 gems to say goodbye to. On any down market day, the portfolio of stocks in Figure 17 would likely underperform (Singapore: Yangzijiang), while on up days it will be the quality and expensive portfolio of stocks in Figure 18 which would likely underperform (Singapore: SGX and SembCorp Marine)".
Yangzijiang: Since the 18 May 2012 week onwards, the price action of Yangzijang has been range bounded between 0.910 - 1.105. From a short term perspective, a move above 1.050 - ......
