Nintendo Co., Ltd
TYO:7974 ISIN:JP3756600007
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Asian Activities Report for December 8, 2011 includes: Hailiang Group (SHE:002203) is planning to invest RMB 2 billion to build a Education Park in Zhejiang Province, China; China Suntien Green Energy (HKG:0956) says that its Guyuan Dongxinying 199.5 megawatt wind power project has received UN approval and registered as a Clean Development Mechanism project under the Kyoto Protocol; Nintendo (TYO:7974) says that sales of Nintendo 3DS remains robust, with nearly 3 million units sold in Japan since it was launched in February 2011; Japan's leading global electronics company Hitachi, Ltd (TYO:6501) is scheduling to transfer its hard disk drive business to Western Digital Corporation (NYSE:WDC).
Nintendo Co., Ltd (PINK:NTDOY) (OSA:7974) predicted a "rocket start" to U.S. sales of the 3DS handheld video-game player, boosted by the device's high-definition graphics and titles that showcase its features.
Wall Street shares closed mixed as investors took a breather after the new year's rally and turned cautious ahead of the payroll and employment data due on Friday. Yesterday Asian shares ended mostly higher following the good performance in Wall Street. Hong Kong's Hang Seng Index was 2.1 per cent higher while Shanghai Composite added 1.2 per cent.
Asian markets are expected to be flat today before the US stimulus package is unveiled. Yesterday the major indexes in Asia closed mixed with Shanghai and Hong Kong extended the rising after China's stimulus plan announced last week, while Tokyo and Seoul declined.
Asian markets generally opened lower on Friday. The markets gained Thursday as the U.S. plans to help troubled banks boosted financial shares. Hong Kong's benchmark Hang Seng Index jumped 4.6% on the first trading day after the Lunar New Year holiday. In Tokyo, the Nikkei Stock Average of 225 companies gained 1.8% to 8251.24, bringing its three-day advance to 7.4%. Markets in China, Taiwan and Vietnam remain closed for the Lunar New Year holiday.
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