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    Andre Setiawan
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    1) Nissan plans to boost production capacity in China to 1.2 million cars by 2012 to capitalize on China's growing economy and status as the world's second largest. This will create 1,400 new jobs at Nissan's Zhengzhou plant. 2) China Mobile added 5.428 million total users in August to reach 564.356 million total users, with 3G users increasing to 13.419 million after adding 1.585 million new users. 3) HSBC is selling its Asian wholesale banking unit to United Overseas Bank for $15 million and will license its technology systems to the new owner. The deal is expected to close in the fourth quarter of 2010.

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    1) Nissan plans to boost production capacity in China to 1.2 million cars by 2012 to capitalize on China's growing economy and status as the world's second largest. This will create 1,400 new jobs at Nissan's Zhengzhou plant. 2) China Mobile added 5.428 million total users in August to reach 564.356 million total users, with 3G users increasing to 13.419 million after adding 1.585 million new users. 3) HSBC is selling its Asian wholesale banking unit to United Overseas Bank for $15 million and will license its technology systems to the new owner. The deal is expected to close in the fourth quarter of 2010.

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    Market Review: Asia

    Uploaded by

    Andre Setiawan
    1) Nissan plans to boost production capacity in China to 1.2 million cars by 2012 to capitalize on China's growing economy and status as the world's second largest. This will create 1,400 new jobs at Nissan's Zhengzhou plant. 2) China Mobile added 5.428 million total users in August to reach 564.356 million total users, with 3G users increasing to 13.419 million after adding 1.585 million new users. 3) HSBC is selling its Asian wholesale banking unit to United Overseas Bank for $15 million and will license its technology systems to the new owner. The deal is expected to close in the fourth quarter of 2010.

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    of 1

    Market Gazer Hong Kong - Japan - Germany - UK - North America

    market review : asia Nissan said that its production capacity in


    China will e boosted to 1.2 million cars by
    On Monday, Hang Seng Index inched 6.48 2012. According to CEO Carlos Ghosn, the
    points higher or gained 0.03% to end at plan is in line with the the fact that China
    21,977.34, while Shanghai Stock Exchange is now the second largest economy in the
    fell 0.38% or 9.98 points to 2,588.71. world. Nissan’s newest Zhengzhou plant
    Shares were rather mixed as the market with the annual capacity of 180,000 cars
    awaited new catalysts to come from the will add 1,400 new jobs by the end of the
    US data. Most of this week’s data coming year. The plant cost Nissan 1 billion yuan.
    from US will be the housing data. The data Last Friday, Nissan ended at ¥718.
    will determine whether the housing
    market could weather the expiration of China Mobile’s total users
    the housing subsidy or not. Japan’s increased by 5.428 million
    market was closed on Monday, but will re- in August, sending the total
    open tomorrow. users number to 564.356
    million by the en of August. Its 3G users at
    Sun Hung Kai Properties the end of August was 13.419 million after
    reported its last fiscal year the company added 1.585 million users. In
    net profit of HK$28.04 prior month, total users increased by
    billion or HK$10.93 per 4.886 million. China Mobile rose 0.82% to
    share, up from HK$10.4 billion or HK$4.04 HK$79.45 by the end of the day.
    per share, with underlying net profit at
    HK$13.88 billion. Revenue for the FY HSBC Holdings was said to sell its Asian
    ending June 2010 amounted to HK$33.21 unit to United Overseas Bank. The
    billion, and as for final dividend the wholesale banking unit to be sold would
    company set it at HK$1.85, up from prior worth $15 million. HSBC will license its
    year’s HK$1.70. Sun Hung Kai’s sales of technology system used in the unit to
    apartments yield HK$6.62 billion. The UOB as well. The deal is expected to be
    developer sold around 3,200 units worth completed in the 4Q 2010. HSBC shed
    nearly HK$30 billion in 1H 2010, becoming 1.03% to end at HK$81.75.
    the biggest among other HK developers.
    Disclaimer: This report is provided for information purposes
    Another HK$26 billion worth of properties only. It is not an offer to sell or to buy any securities. This
    were planned for sale for the current report has been prepared based on sources believed to be
    reliable, but there is no assurance or guarantee regarding its
    fiscal year with HK$8 billion have been completeness & and accuracy. The author accepts no
    secured so far in the last two months. Sun responsibility or liability arising from any use of the report.

    Hung Kai ended at HK$122.00, up 1.33%


    but the news was released after the
    closing bell, so the impact will take effect
    on Tuesday.

    E-mail: market.techspeak@gmail.com
    20 September 2010 Page 1

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