The Nikkei 225 Stock Average in Japan to move thin 10,795.92 position at 10:38 am in Tokyo.

Chiyoda Co. (8185 JT) trimmed 4.3% to 1163 yen, Daiei Inc. (8263 JT) dropped 6.8% to 343 yen level, Daikyo Inc. (8840 JT) depressed 8.6% to 171 yen positions.

Fast Retailing Co. (9983 JT) weakened 3.4% to 16,320 yen. Largest clothing retailer in Japan was cut to neutral rating from buy by Sho Kawano, analyst based in Tokyo at Goldman Sachs Group Inc.

Gulliver International Co. (7599 JT) rose 2.4% to 5940 yen positions, Japan Airlines Corp. (9205 JT) to decline from a position closing price at 67 yen on January 8 after the airline’s creditors said they would agree on bankruptcy.

Japan Wind Development Co. (2766 JT) rose 4% to 260,300 yen positions. NGK Insulators Ltd.. ‘S (5333 JT) climbed 1.5% to 2164 yen positions.

Mori Seiki Co. (6141 JO) gained 2.3% to be 980 yen, Sony Corp. (6758 JT) rose 1% to 2836 yen. Panasonic Corp. (6752 JT) rose 2.2% to 1402 yen.

Sankyo-Tateyama Holdings Inc. (3432 JT) terjegal 6.7% to 125 yen positions, Shin Nippon Biomedical Laboratories Ltd.. (2395 JT) gained 2.4% to 547 yen positions.

Shinko Electric Industries Co. (6967 JT) fell 4.2% to 1241 yen. Sumitomo Metal Industries Ltd. (5405 JT) rose 3% to as low as 275 yen, Nippon Steel Corp. (5401 JT) rose 2.1% to 384 yen. JFE Holdings Inc. (5411 JT) climbed 2.1% in 3715 yen and Kobe Steel Ltd. (5406 JT) rose 2.2% to 186 yen.

THK Co. (6481 JT) rose 2.3% to 1821 yen, Toyota Motor Corp. (7203 JT) rose 2.3% to 4050 yen, Yamaha Corp. (7951 JT) rose 5.3% to 1160 yen.

seed stock exchange index of South Korea, the Kospi Index, rose 0.20% at 9:05 pm

Index supported by the 761 companies traded on the Korea Exchange rose 3.46 points to 1697.58. Among the supporters of the index stocks, 269 rose, 258 fell, and another 234 remain.

The increase was driven by the Kospi Index of Korea Electric Power Corp., Lg Chem Ltd and Hyundai Motor Co.. At least 19.78 million shares changed hands on the exchange’s Affairs ginseng.

Samsung Electronics Co. Ltd., which rose to 799,000 won, 2000 won, was recorded as the most active stocks traded in South Korea.

Other active stocks are traded is Korea Electric Power Corp., which rose to 35,900 won, 1000 won, and Lg Chem Ltd, which rose to 5500 won 219,500 won

Shanghai Stock Exchange is predicted to overtake Hong Kong’s position as the stock issuance of shares of the prime objectives (initial public offering / IPO) in 2010 the largest in Asia.

“Ensure, Shanghai exchanges will beat Hong Kong (Hang Seng) in 2010 as the center of the world’s largest IPO,” said Terence Ho from Ernst & Young yesterday.

He predicted, the number of IPO firms in the stock Shanghai China in 2010 reached $ 55, 7 billion. While in Hong Kong predicted USD44, 7 billion. The 2009 Hong Kong is still the center of the largest IPO in the amount of $ 30 billion.

While Shanghai is only $ 27, 3 billion. Ho said, the amount of interest in the Shanghai IPO to make its status as a world financial center increases. Shanghai dominance over Hong Kong’s only a matter of time.

Sooner or later, Shanghai will take a share of the IPO in Hong Kong. Moreover, the Government of China intends to make yuan exchange rate more flexible to changes in the currency of other countries.

“Internationalization of yuan could threaten Hong Kong because of foreign capital can flow into the Hang Seng. Global fund managers also will increase the percentage of their investment into Mainland China, “added Ho.

Currently China is implementing reform and improvement of capital markets. Some of the new rules issued, including stock index trading, margin trading (margin trading), and short sale (short selling).

Shanghai Stock Exchange also is preparing an international board, which allows foreign companies conducting an IPO in Mainland China. HSBC and the New York Stock Exchange (NYSE) Euronext will be the first stock listed on a stock exchange board of Shanghai. However, Ho admitted if in the short term benefits of Hong Kong is still the attention of international investors.

“In the short term, Shanghai Hong Kong pursue difficult in terms of transparency and liquidity. At present, Hong Kong filled with millions of international investors while Shanghai was filled with domestic investors, “he said.

Ho added, internationalization yuan could become a bridge for China investors to invest into global financial markets. This is a new opportunity for Hong Kong to attract investors to invest in Mainland China Hang Seng.

Critics Quality Analyst Hong Kong IPO

The success of Hong Kong stock exchange for IPOs attract $ 30 billion in 2010 received criticism from analysts. Authority considered sacrificing quality stock to increase the quantity.

One criticism is the securities regulatory approvals and the futures of Hong Kong (SFC) of the IPO $ 2, 6 billion from aluminum giant UC Rusal.SFC set a minimum investment of $ 130 thousand for Rusal to protect small investors.

“It is surprising when SFC approved the Rusal IPO. Rusal’s companies are losing money. I rate the stock and SCF ignores the problem of quality, “said Director of Center for Corporate Governance and Financial Policy of Hong Kong Baptist University Raymond Chan.

Rusal argued SFC is committed to fulfill several requirements, including a positive balance. So, despite not pass the test as a profitable company still allowed Rusal IPO. “Rusal agreed to apply the openness as the main thing and are committed to support a quality market,” SFC spokesman said.

Chang evaluate this policy will be staking his reputation of Hong Kong stock exchange. “Recording of shares in Hong Kong may be associated with low quality,” said Chan.

Concern over the issue of the number of Mainland companies that perform below the standard of openness in 2009 also appeared. “We have a lot of companies below the standard, look at the IPO record of last year,” added Chan.

Several cases of temporary suspension of trading in shares (suspend) Asian Citrus, the plantation companies in Mainland China. Asian Citrus Executive has announced the value of the company. Next, China is doing Zhongwang Holdings IPO more than $ 1 billion in April 2009.

Mainland China Manufacturers of aluminum is one of a prospectus and hiding military relations with China. Last week, claimed to have corrected Zhongwang mistake after hire Ernst & Young.

Then, the case of China the stock price declines Metal Recycling nearly 50 percent. This case prompted the resignation statement of the company’s chief financial officer.

The official could not be withdrawn because the company’s financial data access. Chan said that Hong Kong is a place best IPO companies Mainland China because the rules are more lax than exchanges in other countries, especially compared with Western countries and the United States (U.S.). “We must raise standards to match with other exchanges,” he said.

To overcome it, SFC rules change. SFC focus on corporate directors for the accuracy of information disclosure. But, critics of this effort continues to exist. Especially, lack of rigidity of the rules of the quarterly report.

“Currently, almost all exchanges in Asia requires a good quarterly report,” said David Webb, an independent investor. Webb criticized several parties desire to facilitate the IPO process. “Some people think the easier the better IPO. If so, why not trade on eBay because there is not no rules at all, “he added.

Nikkei fall

Stock Report February 19th, 2010

Metrotvnews.com, Japan: Japan’s Tokyo Stock Exchange, Friday (25/12), still trading, although Christmas Day. Once opened, the Nikkei index in Tokyo fell over soaring inflation and unemployment rates.

In November, the Japanese consumer index fell 1.7 percent. So long as 9 months later, Japan suffered deflation or a decline in purchasing power that big. While the unemployment rate in Japan in the same month jumped from 5.1 to 5.2 percent.

Poor economic data hit the Nikkei was down 0.5 percent in the first session of trading. Nikkei slumped 10,513.6 position or down 18 points.

Index of superior stock exchanges of Singapore, the Straits Times Index, rose 0.27% at 9:05 pm local time.

Index which is supported by at least 30 companies are traded on the Singapore Exchange Ltd.. rose 7.79 points to 2941.32. Among the stocks that support the index, nai 19, 9 fell and the other 2 remain.

Straits Times index increase was driven by DBS Group
Holdings Ltd, United Overseas Bank Ltd. and Oversea-Chinese
Banking Corp. Ltd.. At least 144.83 million shares changed hands in Singapore.

Singapore Telecommunications Ltd., which fell 1 cent to S $ 3.01, was recorded as the most active stocks traded in Singapore.

Other active stocks are Ausgroup Ltd, which fell 5 cents to 68 cents and Wilmar International Ltd, which fell 1
cents to S $ 7.10.

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