Replies to post #8934 on MediaG3 (MDGC)

[LLeonidas]

You should find it. With this new Asian news, our investment will prosper.
Hong Kong shares rose 2.5 percent, after opening lower, as Chinese industrials, banks and property counters climbed on encouraging economic data and the promise of bigger stimulus spending. But HSBC continued to weigh on the main index, dropping 4.4 percent. The stock hit its lowest level since the Asian financial crisis of 1997-98, a 40 percent plunge since the beginning of the year.

Singapore's Straits Times Index was rose 1 percent. SIA Engineering slipped after DBS Group downgraded its recommendation on the firm to "hold" from "buy" and cut the target price due to a slower demand outlook for the airline industry.

China's Shanghai Composite Index surged 6.1 percent, led by property, coal and non-ferrous metal shares, on encouraging economic data and a pledge by the government to increase its stimulus spending. China will increase spending in areas such as infrastructure and manufacturing on top of the 4 trillion yuan stimulus package that it unveiled in November, a senior economic planning official said on Wednesday.