QDII come or no come?

In general, market rebounded following US interest cut news and from the oversold position. One bright spot is China share. Follow by the news of allowing China bank to invest in Singapore as QDII fund, market player take this opportunity to push up the china stock.

CIMB's top picks are China Energy, China Hongxing, China Sky, China Sports,
Ferrochina and Synear.

It is an old news already. We know they are coming, and it is just a matter of time. The dangerous thing now is to act on this small piece of news. Imagine I bought synear at 2+ just a few months ago. As long as the general market direction is down and the bad news is not exhausted yet, the rally could be short lived. Be in mind that, the US reporting season is not over yet.

Having said that, I feel maybe there is no better time to buy stock than the current one. Buy in different batch and continue to hold for long term are key to do well in this kind of environment.

In recent time, the REIT good run has ended by the global credit crisis. I was amazed by how REIT has kept growing in the recent years. Investors forgot they are primary for yield purpose, and keep chasing it for its expansion strategy. Since the easy funding era has ended or temporary paused, it is no surprise that REIT took a beating. But, good time would return, we just need patience.

Beside that.

Sino Env has secured the desulphurisation contract, CIMB has an outperform rating and target price of 2.62. This is sort of providing a level of comfort to the existing share holder that the expansion is still on track.