cyber china(CYC) is in the process of final preparations to float 2 more chineese companies in uk and also possibly on nasdaq
market economy is fast approaching in accelrating phase from initial consolidation
CYC is star for very near future so my advice would be get on anf off you gohowever it is always better to DYOR

Exchange steps up activity in China with regional office

The London Stock Exchange announced today that it will open a regional office as part of its strategy for attracting listings from China, which is one of the international exchanges key target markets.

The new office, the Exchanges first in Asia-Pacific, will establish a permanent presence in the region and act as a base for senior Exchange executives who visit the region regularly.

In the coming year, Exchange executives will be in China on a number of trips aimed at building relations within the principal economic and financial centres and raising the companys profile. Among these trips:

Chris Gibson-Smith, the Exchanges Chairman, will be in China in April;
Martin Graham, Director of Market Services and Head of AIM, will be at the seventh International High-tech Expo in Beijing in May; and
Clara Furse, Chief Executive, will be in the region again for a week in September.
As part of this, the Exchange is building its ties with the Shanghai and Shenzhen exchanges, two increasingly important exchanges in the region. In January 2004, the Exchange signed Memoranda of Understanding with both exchanges.

Initially, the office will be based in Hong Kong, which remains the Asian centre for international finance. This office will support the Exchanges efforts to attract Asian companies to Londons international market.

In particular, the Exchange will be targeting the large privatisation deals and other medium to large enterprises in China. Since 2002, the medium to large enterprises, of which there are around 4 million, have accounted for over 50 per cent of Chinese GDP and have experienced a growth rate of between 20 and 50 per cent annually.

The Exchange will also continue to promote dual listings in London and Hong Kong through a single prospectus.

Commenting on the Exchanges plans in the region, Clara Furse said:

"As one of the largest and fastest growing economies in the world, China is a core market for the London Stock Exchange. By the same measure, as the worlds most international financial centre, London should be the natural home for dynamic, growing Chinese companies looking to attract international capital. London has more funds under management than New York and a much more pragmatic system of regulation under which international companies can list and raise money".
things are look up
all the best dyor...its out there

Emerging Mkts: china is the main one.
Napolean said that "let the giant sleep for if it wakes up it will shake the world" i am certain that it is just beginning to do so and will give a mighty profit to those that do their homework and get on the bandwagon now.

rgds
zarif

whats the reason for the drop in price?

This share is in the shares magazine as a plays of the week,also some good news due out and a buy recommendation so i think its time to get on board first thing in the morning,any one else have any view on this one please.

ateeq

I am but a novice in this game, but I would offer a word of caution.

It is no secret that a Play of the Week tip by Shares Magazine for a penny share can lead to a 'spike' in that company's SP. I have personal experience of two.

ZOO - bought after the tip and then watched the share settle to a more realistic level, I am still waiting to get back into profit.

IEN - I purchased an interest in this company just after the New Year, (8.8p) and was delighted to see it tipped as a Play of the Week a few weeks later. I monitored the price Thursday and Friday, sure enough it rose to 14.6p. I kept a close eye open the following Monday to see when the price topped out and sold that same day at around 14.5p. Sure enough the SP fell back over the following days to a level of about 11.5p. It has yet to get back to the former levels.

The point I am trying to make is that strong tips from magazines / newspapers can artificially inflate the price. Personally it is unlikely I will act on a media tip again. Once you have the info, so does everyone else and it is probably to late. It may well be that CYC will continue to rise and go from strength to strength, only you can make the decision whether to buy tomorrow or not. DYOR.

Good luck

Rgds

PTH

pth. wise words and I agree with you a good deal. however, I do think that CYC have a potential far beyond their current share price and would expect a level of 4-5 pence to settle at for a longish period until major gains become apparent on recent and future associations.
good luck to all
snakey

snakey

I tend to agree with your opinion of CYC, but as you clearly understand, it's not necessarily a good idea to act late on a tip, (on the other hand the SP may continue to rise and one has missed the boat, but isn't that the joy and frustration of investing in the stock market?). I must say that the China association is very interesting and I will be monitoring the SP to see what happens and may possibly dip my toe in this week.

Rgds

PTH

I've just got a few as a punt. They look interesting and the model is good, even if there are a couple of failures the potential upside is enormous. Still seriously volatile at the moment though. China is the maket of the moment but is it overheating?

already held these before they were tipped in shares....quite a good right in shares article....thus why the price rose so much....seems to have settled again now bus has got tremendous potential.

does anyone know how the ofex company they shh group is getting on or hasnt it listed yet......thanks

news out at 11 oclock that ssh to float on ofex as sinovation.....doent say exactly when though .....all resolutions passed at egm...turn around in share price immediately was down 0.15 now up 0.12....looks like other news to follow

i believe cyc are waiting for result of ofex meeting which was to be at 2pm 2day. fingers xd & good luck 2 fellow holders. Charlie

Email from CYC.

We await formal approval from the Ofex Board which is meeting at 2.00 o'clock today.

Apologies for the delay in replying.

Michael Lindsay
Secretary, CYC Holdings plc

A note of caution from the BBC:

http://news.bbc.co.uk/1/hi/business/3522552.stm

The article says SMIC, China's largest chipmaker, has had a rough debut on the NY and HK exchanges. There are concerns about Chinese accounting practices.

Has made me think twice before taking the plunge!

Anyone any news on the SSH listing on OFEX, have sent 2emails to CYC but no answer so far.

Heres prospectus on Sinovation:
http://www.companynews.co.uk/nic/content/prospectus/ssh.pdf

"...in the field of ultrasonic data input and detection, which are linked
to reactive touch screens and educational white boards where graphical script is
used - greater China, Japan and Korea. Additional uses have been identified in
the areas of data security and electronic voting..."
"...it has developed an ultrasonic pen that can be used to write on computer screens."

the next companies are:

China Wonder - manufacturer of pharmaceutical packaging
and China Cat - a reseller of catalysts for the oil refinery business.

China Wonder is being listed in April on AIM and China CAt later on in the year.
No News as yet of SSH listing date.

Reply from CYC.

Not yet.

I will have more details either this afternoon or Monday. We are all very frustrated.

Michael Lindsay CYC

In reply to email sent this morning, possibly news about float this afternoon or Monday.

Thanks for email.

SSH re-admission application already submitted to OFEX, awaiting their reply.

BR,
--
Michael McAlister
Cathay Corporate Managers Ltd
Direct: 07050-295 333
Main tel: +44 1483-724416
Email: mcalister@cathaycorporatemanagers.com
URL: www.cathaycorporatemanagers.com

Had an e-mail from the Company over the weekend saying that they hoped for some positive news this coming week.

does anyone know if sinovation [ssh] has successfully floated on ofex today

Some people say it might be floated from the 26th March onwards. But this is just sheer guess work, or there might be an announcement at the AGM on the 26th March.

has anyone got any news either about the floatation of sinovation or the agm which some people think was today.....doesnt appear to be any news out....

is there any news of sinovations floatation....things have been a bit quiet on this co of late

drum

Up 24% today! Anyone know why?

mentioned in an article in shares but shoulnt really account for such a big rise

news on chinese `open market/rates` policy and potential for more floats by cyc may have had the impact. expect a bit more tomorrow.

Up another 14% today. Nearly 40% since yesterday morning!

MM's appear to favour this share. Sells 50% greater than buys today, yet still up nearly 7%!

it seems there is not enough instituitional intrest developed inspite of some good news.hoping to buy back at less than 2pence in 3 to 4 days

I am now a holder of 150,000 shares purchasing at the 2.35 and 2.9 pence level. I feel that this company has tremendous potential and is well undervalued. Does anybody out there know when the other 2 placements to the Uk are likely to be?

If you wish to tapped into China's prosperity, buy Fortune Oil (FTO), CYC Holdings (CYC) and Stadium (STA).

after todays re sinovation statement at 2.15pm.with good news price has drifted down wards instead of some sorts of consolidation,might see a recovery tomorrow.

Anyone know why the SP is continuing to fall? any upturn in sight?

Aid

Seems to have arrived this morning.

everone says buy fortune oil(FTO),why is the price still on a downward trend?.does anyone know when this bluesky matter will be sorted out?.
someone please help!!
dexter01

dexter, end of july, I believe

OK so whats going on to-day. Nice move up recently. To-day 1.7mil buys to .152mil sells and it plunges

OK now I`ve got it - all the b..... sells were held back until "the last few overs" I still don`t believe that its playing cricket.

There is now a new thread on CYC (looking for news on CYC)

action should continue on monday as preparation for another offex float is almost done and expecting news very soon.

basharat - action has indeed started - where do you get your info - I bought these as a hunch re Olympic Games in 4 years and the business build up from now.

its been surprisingly quite day
few big sales????????????/ should we get nervous

18% up today - does anyone know why?

Another 10% this morning - anyone out there still hold these?

Yes very much so and probably will until 2008 and run up to Olympics - what has brought on the recent increase is a bit of a mystery - any one know the cause ?

Hello All, Apparently strong feeling that RNS expected re Company named "Chinese Wonder" coming to AIM at end of September. DYOR. Good Luck.

Thanks for that "jnknill" - and optomist like me would tie that in with "basharat" post of 7 Mar - let us hope that we do have a "Chinese Wonder"

Oakapples142, No problem. It appears that a RNS (must emphasise NOT issued by CYC) was picked up yesterday. Stated "Chinese Wonder" a holding Company will be coming to AIM on/about 30th September 2004 and I gather that SP has gone north because of expected confirming RNS from CYC. As usual DYOR. Good Luck.

jnknill - thanks again - seems the other company is "China Cat" (better than Thailand Dog" I hope !!.) Have you noticed the separate thread "CYC Holdings - The Gateway to invest in China" ? - Pictures and coloured graphics - "Clever these Chineese" - I wish us all a Good Luck Cookie with this one.

Thanks jnknill & Oakapples142. I think this Co. has tremendous potential and it has been frustrating watching it slip 'n' slide these past few months. Let's hope this is the start of the good times rolling!

Here we go again. Up Up and Hurray

Cyc is an expanding company, in my eyes it can only get bigger! The plus for me is that the comapny hasn't got all it's eggs in one basket. Come on baby.......................................

Are you guys (and girls sorry!) aware that there is another thread

talkingabout china stock
look at bodisen biotech (bboi) listed on franfurt and us exchange