US stocks posted a strong gain overnight boosted by better-than-expected home sales. Existing-home sales increased by 10.1 per cent to a 6.1 million annual rate, from 5.54 million in September, the National Association of Realtors said. The US dollar was weaker on Monday on expectations that the interest rate would remain at near zero.
Bossini International Holdings Limited (HKG:0592) announced today its annual results for the year ended 30 June 2009. Despite the unprecedented global financial tsunami, the Group remained profitable with a healthy balance sheet and a positive financial position. Revenue for the year under review just declined slightly by 3% to HK$2,254 million (2008: HK$2,317 million).
Xtep International (HKG:1368)(PINK:XTEPY) is one of the fastest growing sport brand in China. With over 5500 retailers sprawl across China, Xtep is a true market leader in shaping the sportswear and youth fashion landscape.
