Recently , after reducing my holding in Capital Commercial REIT (here ) and Accordia Golf TR , other than deploying my fund to short term bonds and building up my war chest , I am also thinking of adding new counters which would generate some passive income to replace the loss of income from these two counters which used to be the main holding in my portfolio.
While doing the due diligent for one of the target stock , I came across this paragraph in one of the analyst report…
“Hong Kong: Polished trading stable and prices firm. Steady demand for 0.50 to 2 ct., D-G, SI RapSpec A2+ (3X, none), GIA-graded diamonds. Rising expectations for Chinese New Year sales, particularly for higher-end goods. Shortage of brides due to China’s one-child policy, forcing grooms to show their worth by splurging on bigger and better diamonds.Custom jewelry gaining popularity. “