"Others say increased public awareness of the impact of auto pollution on air quality and the antipathy it has caused might prompt the government to rush through the new regulations elsewhere.
“It is important, and I do expect (the new emissions standard) to be rolled out nationwide,” says Steve Man, auto analyst with Nomura Securities in Hong Kong. “Historically, (officials) will introduce this type of standard (in Beijing) and the rest of the country will follow after a few months.”
Indeed, Man sees the new emissions standard being implemented on a province-by-province basis over the next year-and-a-half."
This one is for my super. If the management are competent, this company is looking forward to a very rosy future. Buy and put your shares in a safe, nice retirement nest egg.
PGM Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Held
