CNBC mentions XING

[chinaman711]

Nice mention of XING on cnbc just now. Finally getting some attention.

[oldboldpilot]

Damned near had coronary thrombosis friday...happy to see a recovery. I try to look at this whole situation positively but it was a real nail biter.
Hope people look at XING with the thought that there is value in this stock. Let's hope !

[chinaman711]

This was a 1st for xing being mentioned on cnbc. Maybe when the big boys get back in town we will get more on xing. Long term a great play imo.

[chinaman711]

XING over 4.6 mil shares short could get real interesting with the small float and many traders just don't trust xing. If volume continues like mondays 4.6 mil shares traded on a day when the market closed early we could get some nice moves both ways. Puts and calls might be the way to play xing if we do get some big moves both ways. ----------------short list------------------215 ISHM 2 0.25 0.01 24,300 2006-07-04 15:41:03
216 CGT 2 7.65 0.01 10,700 2006-07-04 15:10:32
217 LFC 2 64.15 0.85 104,900 2006-07-04 15:41:45
218 TACA 2 5.37 -0.010 2,550 2006-07-04 15:41:20
219 PCNTF 2 9.32 -0.180 26,148 2006-07-04 15:40:06
220 SLRE 2 0.60 0.01 12,000 2006-07-04 15:41:18
221 CHKDL 2 131.04 2006-07-04 16:00:00
222 DDE 1 20.32 0.68 106,300 2006-07-04 15:40:47
223 SMMF 1 23.79 -0.150 14,975 2006-07-04 15:40:08
224 ALAN 1 0.76 0.03 81,150 2006-07-04 15:40:06
225 ELCY 1
226 ADSX 1 1.84 -0.050 234,561 2006-07-04 15:40:06
227 CLRI 1 0.45 -0.030 301,759 2006-07-04 15:40:50
228 EKM 1
229 EWH 1 13.61 0.09 290,100 2006-07-04 15:41:01
230 XING 1 11.40 1.65 4,632,358 2006-07-04 15:40:10
231 IAT 1
232 POSOQ 1
233 WVCM 1 11.40 0.46 36,399 2006-07-04 15:40:10
234 PGC 1 25.75 -0.140 13,100 2006-07-04 15:42:18
235 AMSC 1 9.05 0.22 136,525 2006-07-04 15:40:07
236 INKS 1 2.10 2006-07-04 16:00:00
237 JKL 1 75.05 0.23 2,000 2006-07-04 15:41:36
238 FEZ 1 47.08 0.43 18,100 2006-07-04 15:41:05
239 XBI 1

[chinaman711]

I wish xing would put out this news in the u.s. l/t a great play imo---------
Zhu Shenshen
2006-07-08
COSUN Group, China's biggest fixed-line phone maker, is expanding its mobile phone business despite entrenched competition that's having a tough time making a profit.

The expansion effort by the Huizhou, Guangdong Province-based company will be funded by stock market listings in the United States by the end of the year.

CEC Telecom, the fourth-biggest vendor of Chinese-brand mobile phones and a wholly-owned subsidiary of Cosun, has attracted US$60 million worth of strategic investment in advance of its US listing, according to Cosun Chairman Wu Ruilin, Cosun's chairman.

CECT will become the first homegrown handset maker in the world's biggest mobile phone market to list overseas.

Cosun also plans to organize an overseas IPO for a handset chip research firm. Cosun owns research firms in Beijing, Shanghai, Huizhou and Shenzhen but didn't say which will go public.

Chip investment

Meanwhile, Cosun will invest more than 100 million yuan (US$12.5 million) this year to develop mobile phone chips, especially for multimedia streaming.

"From handset chip design to phone manufacture, we have constructed a complete industry chain for our handset strategy," Wu said in a statement delivered to Shanghai Daily yesterday.

"We have unique advantages we acquired through our fixed-line phone sales: a good relationship with telecom carriers and strong distribution channels in second-tier markets," Wu said.

Cosun said it has signed US$35 million in mobile phone deals with domestic and overseas operators and distributors.

Cosun, founded in 1992, sells 12 million phones a year. It generated US$30 million in revenue last year from those phones, a 27 percent growth year on year.

"CECT will exploit two key words to attract overseas investors - China and mobile phones - but it's hard to predict investors' reactions," Sandy Shen, a Gartner analyst in Shanghai, said in a previous interview.

There are more than 400 million handset users in China, but the competition in the domestic mobile phone market is fierce. Leading homegrown handset makers Ningbo Bird and TCL have reported huge losses.

[chinaman711]

Another news release from china-----------------------------------------
From Qiaoxing Group officially announced the introduction of Cosun brand mobile phone, three days alone more than 200 dealers come in swarms, throwing the 400 million mobile phones face of a rush Qiaoxing.


Carefully avoided Japan into 100 million payment

As the only one with two brands of mobile phone licences three manufacturers, Qiaoxing Group moves will have aroused strong concern, and even trigger a chain reaction of the domestic mobile phone market.


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On June 25, the group announced that under Huizhou Qiaoxing Telecommunication Industrial Ltd State Policy Qiaoxing issued mobile phone licences (brands : Qiao Xing Cosun), and launched 25 new mobile phones killer class. Earlier purchase price plus 100% holding of CECT now, Qiaoxing Group chairman Wu Ruilin meticulously build the mobile phone of the official surface.

Wu Ruilin communications sector in China has been a legendary figure. 2002, in the mobile phone licence or scarce resources, Wu Ruilin huge lightning down to 3.16 billion acquisition CECT (Zhongdiantongxin), enter the mobile phone market now. Today, many mobile phone Xinjun mobile phone licences has got afraid risk bide one's time, Wu Ruilin, CECT has made a new cutting-edge mobile phones made in China, made in China mobile phone market share ranked fifth, when shown the "double brands" spectacular, the people seemed to expect a miracle story again start.

In announcing the formal launch of Cosun brand mobile phone after three days, it triggered a chain reaction of the domestic mobile phone market, one time more than 200 dealers from across the country to come in swarms and full access Qiao Xing Industrial Park vehicles visited. In addition to the high rise market enthusiasm of the new brand Cosun surprises, but also bring more unprepared. "Market reaction is too strong, dealers queues to discuss cooperation, only three days to receive 400 million. "Qiaoxing Group Executive Director and Head of Qiaoxing Telecommunication Wuzhizhong said.

Downturn in the domestic mobile phone is today, a three-day revenue of 400 million craze dynamics? Wuzhizhong said apart from Qiaoxing brand appeal, the most fundamental is Qiaoxing mobile phone market competitiveness. Qiao Xing to do is the most competitive mobile phones made in China, in its planning products made Laya, MP3/MP4, even TV-OUT and GSM dual card as a basic configuration. Reportedly, Qiao Xing has completed five research and development centers layout were Shanghai, Shenzhen, Beijing, Huizhou 4, the number of research and development centers to PRDs Xiaolingtong and GSM mobile phone research and development-oriented; Qiaoxing new research and development centers in Beijing to develop mobile phone chips based.

[chinaman711]

Page 2--------------------------------------------------------------based.

Strategic alliances or to be listed

Qiaoxing Group Co dealers established "strategic cooperation Alliance" (short for Alliance) is a major initiative, with the two sides tied up in the chariot. Manufacturers through complementary resources, sharing of benefits and risk-sharing in order to achieve "win-win" and the maximum operating efficiency.

According Wuzhizhong briefing, where mobile phone industry competition, industry structure facing reshuffle, operational risks enormous, and only an industry resources to achieve integration firms, business-oriented market, innovative models of cooperation can be enhanced to reduce market risk and operational efficiency.

Qiaoxing manufacturers and agents in equality, voluntary and mutually beneficial basis, through both the complementary advantages of resources, a long-term, stable and substantive strategic cooperation alliance. Namely : manufacturers to research and development, manufacturing, finance, brand as cooperation input to certain agents for the Fund invested funds as a strategic cooperation to jointly participate in the demonstration project Qiaoxing mobile phone products decision-making, operational demonstration and shared benefits and risks.

According to the Overseas Chinese Affairs League charter, requiring members have financial strength, efficient team, effective marketing ability, good reputation and high degree of loyalty, especially only specially Qiaoxing the phone, not the other brand mobile phone sales agents.

But the real hitch dealers Qiaoxing Group is the heart of the international capital rich operational experience, it was Wuzhizhong revealed that all overseas Chinese in the league will have the opportunity to participate in the capital Qiaoxing operation with common packaging Qiaoxing phone listing qualifications and rights. (Young Kwan)

[aiki14]

Didn't I see it mentioned by a caller during the "Lightning Round" the other day? And Jimmy sent the guy to qualcomm, ouch. I'm thinking strip strap or straddle might be a good play on sept 10's or 12.50's. The beta on this thing could make you money on both sides if your stomach is strong.

[chinaman711]

Yep Cramer is bearish on xing and likes best of breed qcom. Could trade sideways until 2nd qtr report comes out in aug. unless xing puts out some of this news thats is coming out in china.