Friday, March 21, 2014

CCB purchased

This afternoon I added some shares in CCB (HK:939) to the portfolio. I have held CCB for a few years and, while the dividends have been good, the shares have been sold off heavily on concerns over exposure to local governments, investment products and real estate developers.

My guess is that, as ugly as the banking sector is likely to get in China, most of that must surely be in the share price by now?

I paid HK$5.02 for the additional shares.

As an aside, I tried to buy some additional shares in Sinolink Holdings (HK:1168) at HK$0.62 earlier this week but missed out. I will keep watching.

No comments: