Listed companies upbeat about 2018

week, down 13.36 percent from the previous week. The NEEQ was launched in early 2013 to supplement the Shanghai and Shenzhen stock exchanges, and is seen as a more beneficial financing channel for small businesses, with low costs and simple listing procedures. More than 60 percent of China’s listed companies that have released their full-year performances estimate they will post profit growth in 2018. By Nov 23, some 1,200 companies traded on the Shanghai and Shenzhen stock exchanges had released their forecasts, according to Securities Daily. Of all profit-making companies, 264 companies forecast significant A Chinese investment firm has completed one of the largest horticultural purchases in the history of Australia’s Northern Territory. Hong Kong-based CK Hutchinson Holdings completed the purchase of two watermelon farms for A$27.5 million ($19.9 million). The two farms, formerly owned by local brothers Stuart and Kane Younghusband, cover a total area of 1,900 hectares near Mataranka, 420 km southeast of Darwin. The value of lock-up shares set Cigarette sales in South Korea kept falling this year on higher prices and the government-led anti-smoking campaign, a government report showed on Monday. The number of 20-cigarette packs sold was 28.98 million in the first 10 months of this year, down 1.9 percent from the same period of last year, according to the Ministry of Strategy and Finance. The monthly average cigarette sales tumbled from 3.63 million in 2014 to 2.77 million in 2015 as cigarette prices rose by 80 per-