Asian Activities Report for January 16, 2012 includes: China Southern Airlines (HKG:1055) (SHA:600029) has become a major international sponsor and the official airline for Sydney Festival 2012; Hisense Group (SHA:600060) was honored with the "Value Innovation Award" for its I'TV2 product at the International Consumer Electronics Show (CES) in Las Vegas on January 10th; Chiyoda Corporation(TYO:6366) says that its joint venture company with JGC Corporation (TYO:1963) and Kellogg Brown & Root, has been awarded an engineering, procurement and construction ("EPC") contract for the Ichthys LNG plant facilities in Australia; Bridgestone Corporation (TYO:5108) has developed a revolutionary new printing technology for tires that is different from any tire printing or coloring process on the market today; Elecom Co., Ltd. (JASDAQ:6750) has unveiled its latest USB products, which features a function for encrypting stored data through a strong encryption algorithm called AES 256 bit.
China Southern Airlines Limited
A cautious start is expected in Asian markets Tuesday while Wall Street took a breather after recent gains and closed slightly lower overnight. Asian stocks rallied on Monday, led by resources sector which was helped by higher commodities prices. Australian market posted a seventh consecutive day of gains yesterday. Japan's Nikkei 225 surged 2.1 per cent, Hong Kong's Hang Seng Index advanced nearly 2 per cent, South Korea's Kospi was up 1.56 per cent and China's Shanghai Composite gained 0.7 per cent.