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Posts Tagged ‘Li’

Facebook Fixes Security Vulnerability

Facebook fixes a bug in its platform that permitted attackers to access user data without their consent. – A pair of researchers from the Indiana
University uncovered a
vulnerability in Facebook that allowed attackers to get their hands on
user data.
Students Rui Wang and Zhou Li found a flaw in the Facebook platform
code that enables a malicious site to impersonate other Websites and
obtain the …


Singapore’s Li Heng says hit by China anti-dumping duties

Singapore-listed Chinese textile firm Li Heng Chemical Fibre Technologies (LHCF.SI) said on Thursday it will be hit by China’s move to impose anti-dumping duties on caprolactam imports from the United States and European Union.

Caprolactam is a major raw material used in the production of polyamide chips that Li Heng needs for its nylon yarn products.

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Asiasons WFG Financial – Corporate moves

Jared Lim Chih Li has been appointed non-ED wef Jan 17
Work experience: Corporate finance director, investment banking dept, ECM Libra Avenue Securities Sdn Bhd

Beck: Live at MOCA; Record Club News & Remix Work

BECK PERFORMS WITH DEVENDRA BANHART & CAETANO VELOSO;
REMIX WORK FOR LYKKE LI;
RECORD CLUB ALBUM COMING

On November 13, Beck
performed alongside Devendra
Banhart
and Tropicalia legend Caetano Veloso at the Museum of Contemporary Art in Los Angeles, for an event by artist
Doug Aitken. Check out the footage from the event below.

With the success of Beck’s Record Club project, fans now have the chance to vote for their 10 favorite songs that will
form the
first Record Club album. The Record Club is a collaboration of Beck and his musician friends covering an entire
album in a day. Past albums covered include Skip Spence‘s Oar, The Songs of Leonard
Cohen
by
Leonard Cohen, and INXS‘s Kick.

In other news, Beck recently remixed Lykke Li’s “Get Some.” Click here to download his take on the track.


China: U.S. In Worse Shape than Europe | Rogers: “Britain is totally insolvent”

Reuters notes:Li Daokui, an academic member of the central bank’s monetary policy committee, said that U.S. bond prices and the dollar would fall when the European economic situation stabilized.”For now, market attention is still on Europe and for t…

Lykke Li: Wounded Rhymes

OUT MARCH 1 2011; US TOUR STARTS MAY 15


Lykke Li

Stockholm, Sweden’s Lykke
Li
is set to release her highly-anticipated sophomore album, Wounded Rhymes, on her
label LL Recordings on March 1, 2011. Produced by Bjorn Yttling of Peter, Bjorn & John and recorded in Stockholm,
Wounded Rhymes is the follow up to Lykke Li’s critically-acclaimed debut, Youth Novels.

Following her sold out appearance at Le Poisson Rouge in New York City on December 1, Lykke Li will be playing a
very special show at Los Angeles’ El Rey Theatre on March 9. She will then launch a full North American tour this
spring. The dates are below.


5/15/11 Washington, DC @ 9:30 Club
5/16/11 Philadelphia, PA @ Theatre of Living Arts

5/17/11 New York, NY @ Webster Hall
5/20/11 Boston, MA @ Paradise
5/21/11 Montreal, QC @ Metropolis
5/22/11 Toronto, ON @ Phoenix Concert Theatre
5/23/11 Chicago, IL @ Metro
5/26/11 Seattle, WA @ Showbox at the Market
5/27/11 Vancouver, BC @ Vogue Theatre

5/28/11 Portland, OR @ Wonder Ballroom

5/30/11 San Francisco, CA @ Grand Ballroom @ Regency Center

Lykke Li
Tour Dates

::
Lykke Li News
::
Lykke Li
Concert
Reviews


Ying Li raised to Buy by Kim Eng; ups target to $0.50

Kim Eng Securities upgrades Ying Li International (5DM.SG) to Buy from Hold, raises target price to $0.50 from $0.46, pegged at 40% discount to higher RNAV estimate, according to Dow Jones.

Changes reflect China-based commercial property developer’s redesign of its Daping project, assumptions for more achievable retail yields, average selling prices.

Expects Ying Li’s mega IFC commercial project in Chongqing city to be officially launched by year-end, with sale of 20,000 sq m of office space to be recognized in FY11.

Shares +1.3% at $0.395.

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Sinotel Technologies signs deal with China Telecom to promote fixed line, fibre-optic broadband …

Mainboard-listed Sinotel Technologies, the provider of wireless telecommunications infrastructure and solutions in China, says the group has signed a deal with China Telecom to promote its fixed line, fibre-optic broadband and IPTV services on an income-sharing basis.

Under the agreement, the group will develop high speed fibre-optic infrastructure for four residential districts in Shanxi, namely Wen Ting Ban Li, Hu Pan Xiao Chu, Ji Zhen Cun and Tai Hua, connecting homes directly to China Telecom’s core network. The connection will make available to home users fixed-line telephone, broadband internet and IPTV services. The installation of fibre optics would provide seamless transfer speeds and endure less data loss due to its immunity to electromagnetic interference whilst in transit.

The sharing of net income derived from the three services is as below:

  China Telecom Sinotel
Fixed-line telephone 60% 40%
Broadband Internet 60% 40%
IPTV 30% 70%

The contract between Sinotel and China Telecom is valid for five years and during this period, the joint partners have exclusive rights to provide the above services to these residential districts.

The group anticipates this business segment to be one of the growth drivers for Sinotel in the next year and intends to replicate this model in other provinces and communities.

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Kim Eng cuts Li Heng to Hold, lowers FY10-12 estimates

Kim Eng downgrades Li Heng Chemical Fibre Technologies (E9A.SG) to Hold vs Buy, lowers target to 0.24 vs $0.35.

Says, excluding CNY16.6 million forex gain 3Q10 results slightly below expectations, core net profit of CNY54.5 million fell 16.3% on-quarter as gross profit margin came under pressure due to anti-dumping tariffs on imported PA chips by Chinese government in April. 

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Li Heng Chemical Fibre Tech posts 79% higher net profit at $13.8m

Mainboard-listed Li Heng Chemical Fibre Technologies, the manufacturer of high-end nylon fibres, today announced a net profit after tax for the three months to 30 September 2010 (3Q10) was 78.8% higher at RMB71.2 million ($13.8 million) compared to 3Q09.

Revenue posted was RMB890.4 m, a 71.5% rise compared to its corresponding period 3Q09 on the back of improving demand and higher average selling prices (ASPs) for high-end nylon yarns as well as an increase in sales volume supported by the new Liheng Phase III yarn production facilities.

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HBO’s Treme Soundtrack Out 9/28

SOUNDTRACK FEATURES TROMBONE SHORTY,
SOUL REBELS BRASS BAND, DR. JOHN, STEVE ZAHN,
AND
OTHERS

A digital release date and a tracklisting has been unveiled for the soundtrack to the first season of
the NOLA-based HBO show Treme.
Treme: Music From The HBO Original Series, Season 1 will have a digital release on
September 28, with a physical
CD release is expected later in the fall. The soundtrack features
Trombone Shorty, Rebirth Brass Band, Dr. John, and others. Check out the
tracklisting below. (via hitflix.com).

TREME: MUSIC FROM THE HBO ORIGINAL SERIES, SEASON 1

1. “Treme Song (Main Title Version”) – John Boutte

2. “Feel Like Funkin’ It Up (Live Street Mix)” – Rebirth Brass Band
3. “I Hope You’re Comin’ Back to New Orleans” – The New Orleans Jazz Vipers
4. “Skokiaan” – Kermit Ruffins & The Barbecue Swingers
5. “Ooh Poo Pah Doo” – Trombone Shorty & James Andrews
6. “Drinka Little Poison (4 U Die)” – Soul Rebels Brass Band & John Mooney

7. “We Made It Through That Water” – Free Agents Brass Band
8. “Shame Shame Shame” – Steve Zahn & Friends
9. “My Indian Red” – Dr. John
10. “At the Foot of Canal Street” – John Boutte, Paul Sanchez, Glen David Andrews & New Birth Brass Band

11. “Buona Sera” – Louis Prima
12. “New Orleans Blues” – Tom McDermott & Lucia Micarelli

13. “I Don’t Stand a Ghost of a Chance with You” – Michiel Huisman, Lucia Micarelli & Wendell Pierce

14. “Indian Red (Wild Man Memorial)” – Mardi Gras Indians

15. “Indian Red” – Donald Harrison

16. “Time Is On My Side” – Irma Thomas & Allen Toussaint
17. “This City” – Steve Earle
18. “Just a Closer Walk With Thee” – Treme Brass Band

19. “My Darlin’ New Orleans” – Leigh “Li’l Queenie” Harris


Ying Li -1.3%; $139m expansion fails to inspire

Ying Li International (5DM.SG), which has been on consistent decline since beginning August, down 7.1% month to date, fails to draw interest with latest land acquisition, says Dow Jones.

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Ying Li Int’l Real Estate rated ‘buy’ by DBS

DBS Vickers Securities in an Aug 23 research report says: “2Q10 earnings were weak as expected with net loss of RMB21.4 million on the back of 60% y-o-y decline in revenue to RMB13.7 million.

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Ying Li target cut to $0.52 by DBS Vickers

DBS Vickers has cut Ying Li International (5DM.SG) target price to $0.52 from $0.67, based on 40% discount to reduced RNAV estimate, to account for lower rental assumptions, according to Dow Jones.

DBS Vickers notes China-based developer’s rental rates, especially for retail space, could take up to 3 years to ramp up before tenant mix optimised.

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executive chairman steps down amid Apple suit

JLJ Holdings, a firm named in a lawsuit involving Apple and a former employee, said on today its executive chairman will voluntarily step down for the time being.

JLJ owns Jin Li Mould, an Apple supplier which allegedly received confidential information about the US firm from ex-Apple employee Paul Devine. A former Jin Li executive named Andrew Ang was also named in the suit by Apple.

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Li Heng Chem Fibre Tech rated ‘buy’ by OCBC

OCBC Investment Research in an Aug 16 research report says: “Li Heng Chemical Fibre (LHCF) showed continued improvement in 2Q10 as expected, with revenue jumping 63.7% y-o-y and 30.6% q-o-q to RMB741.9 million, aided by improving demand and higher ASPs for nylon yarns on the back of an improved textile and garment industry.

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Ying Li cut to Hold by Kim Eng; $0.43 target

Kim Eng Securities downgrades Ying Li International (5DM.SG) to Hold from Buy, cuts target price to $0.43 from $0.62, pegged at 40% discount to RNAV estimate, says Dow Jones.

Changes based on lower rental, average selling price assumptions for China-based property developer. Says delay in launch of residential component of Ying Li’s Da Ping project to end-2011 from end-2010, due to design changes, was disappointing.

Adds take-up for retail space of company’s commercial project IFC seems slow. Shares now flat at $0.400.

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Ying Li downgraded to Sell by DMG with $0.33 target

DMG downgrades Ying Li International (5DM.SG) to Sell from Neutral, cuts target price to $0.33 from $0.42 based on 50% discount to RNAV estimate, says Dow Jones.

“We think Ying Li’s uncertain earnings visibility will cap share price upside,” says DMG.

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Sly Stallone & “The Expendables” Outmuscle Julia Roberts At Weekend Box Office

Sylvester Stallone back on top of the box office — The Expendables stole the top spot at the box office this weekend, earning $35 million in its first week of release. Julia Roberts’ Eat, Pray, Love — the big-screen adaptation of the bestselling memoir about a woman’s international search for herself — came in second, [...]

Li Heng Chemical Fibre posts 159% rise in 1H net profit to $25m

Mainboard-listed Li Heng Chemical Fibre Technologies, the China-based manufacturers of high-end nylon fibres, today announced that for the half year ending 30 June 2010 (1H10), net profit rose 159% to RMB124.8 million ($24.9 million) from RMB48.2 million.

Revenue increased 41.5% to RMB1,310.2 million compared to RMB925.8 million its previous corresponding financial reporting period (1H09), on improving demand and higher average selling prices (ASPs) of nylon yarns in China on the back of an improved textile and garment industry.

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