Investment Daily Note

Market Highlights

Tsui Wah (1314.HK)made an announcement for a possible disposal of the shares of the company which may result in a change in control of the company. Currently the potential vendors in aggregate hold 878,956,000 Shares, representing approximately 62.28% of the issued shares. It will resume for trading today and stock price may be volatile.

China Overseas Property (2669.HK)announced a positive profit alert, stating that it is expected that the profit for the period attributable to equity shareholders for the six months ended 30 June 2016 will be approximately doubled YoY. It is estimated that the stock price of it and China Overseas Land & Investment would be beneficiaries.