DNA 3.03% 3.4¢ donaco international limited

Fantastic news. The background strategy traders initially used...

  1. 6,615 Posts.
    lightbulb Created with Sketch. 1
    Fantastic news.

    The background strategy traders initially used to justify going short on DNA no longer exists. Not that these tensions ever effected the business a great deal.

    This should get picked up by other major news publishers across the weekend and hopefully entice investors back into the stock.  

    .......

    "BEIJING — China and Vietnam have agreed to “address and control” maritime disputes in the South China Sea, China’s state media said yesterday, following a meeting between the two countries’ leaders, in what is seen as the strongest indication yet by both sides to ease recent tensions.

    Ties between the Communist neighbours sank to a three-decade low in May after a wave of deadly anti-Chinese riots in Vietnam was sparked by China’s deployment of a US$1 billion (S$1.27 billion) oil rig to disputed waters that Hanoi claims as part of its exclusive economic zone.

    Sino-Vietnam relations have gradually improved ahead of Chinese Premier Li Keqiang’s meeting with Vietnam’s Prime Minister Nguyen Tan Dung on the sidelines of the Asia Europe summit in Milan on Thursday.

    The two countries should properly address and control maritime differences to create favourable conditions for bilateral cooperation, the official Xinhua news agency cited Mr Li as saying to Mr Dung.

    “Thanks to efforts from both sides, China-Vietnam relations have ridden out the recent rough patch and gradually recovered,” Mr Li reportedly said.

    Xinhua said Mr Dung agreed and endorsed boosting cooperation in infrastructure, finance and maritime exploration. The Vietnamese leader also emphasised the need for both sides to maintain control of the maritime situation, avoid actions that escalate the situation and foster negotiation mechanisms to jointly maintain regional peace and stability, the Vietnam News Agency reported"

    http://www.todayonline.com/chinaindia/china/china-vietnam-relations-have-ridden-out-rough-patch-li
 
watchlist Created with Sketch. Add DNA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.