The announcements came as CapitaLand celebrated the 15th anniversary of its entry into China with a gala dinner. The festivities were held at Shanghai Port yesterday.
It aims to grow the figure to around $10 billion over the next three to five years. Its China arm will then constitute between 35 per cent and 45 per cent of the group's total business.
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CreateWealth8888:
If you love the investment theme on "Invest In China" or "China Will Overtake US as the world biggest consumers"
Don't you think you should have some long positions in CPL which have 35-45% of its total business exposure to China's economy and market; and with 15 years of corporate exposure and experience in the Chinese businesss environment and government culture?
I have two positions at $2.90 and $3.78.
I will most likely to keep $2.90 for continuous exposure to the investment theme on "Invest In China" or "China Will Overtake US as the world biggest consumers"; while I await for CPL to announce its special dividends? Wondering how much cash will CPL be returning to its shareholders?
Chart-wise, I believe it is still consolidating.
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