PanAsialum Holdings (2078.HKG) , which supplies aluminum coverings to Foxconn for use in Apple produ

Despite rumors to the contrary, China's new ban on TV advertisements that suggest giving certain gifts to officials and business leaders downtown orlando hotels  is unlikely to hurt the sale of major luxury good brands. That ban and the larger clamp down on corruption will mostly affect the sale of wine and spirits, rather than apparel and accessories, downtown orlando hotels said Mariana Kou, a luxury analyst at CLSA in Hong Kong. Rising middle class incomes, rather downtown orlando hotels than elite gift giving, will be the biggest boon to the industry in the long-term. Luxury company stocks may also benefit from easier year-on-year comparisons for their earnings this year, as 2012 was a weaker year for luxury sales than 2011. For investors interested in the sector, Kou favors Hong Kong-listed Prada (1913.HKG) and Chow Tai Fook (1929.HKG) . Major global luxury brands such as LVMH (LVMH.BIT, MC.EPA) and Gucci-owner PPR (PP.EPA) are also likely to benefit.
Ctrip.com (CTRIP.NASDAQ, CLV.FRA) announced Friday that its profits dove 39% in 2011 as an ongoing price war with rival eLong (LONG.NASDAQ) took its toll. eLong has led the race to the bottom by introducing discounts on hotels and plane tickets, in order to eat into Ctrip's market share. Ctrip had little choice but to follow downtown orlando hotels suit by offering discounts on hotels and indicating that it will also begin discount flights, said Noah Hudson, an analyst at Guotai Junan (Hong Kong) Research in Shenzhen, who has a neutral rating on the company. eLong has indicated in earnings calls that it won't let up on discounts despite hurting downtown orlando hotels its own bottom line. But the company cannot continue losing downtown orlando hotels money forever, and Ctrip may come out ahead in the long run based on scale, Hudson said. Investors should remain wary of both stocks as the outlook for this year remains negative.
China Petroleum Chemical (Sinopec; SNP.NYSE, 0386.HKG) shares took a hit as the company downtown orlando hotels announced it would raise US$3.l billion by issuing more stock, likely to support downtown orlando hotels foreign acquisitions. Investors displeased with the dilution of their holdings dumped them at first opportunity Tuesday, with the shares dropping 7% at market open. Investors probably overreacted, considering HSBC noted on Wednesday that earnings per share would be affected little by the sale. Instead, Beijing's new fuel standards to fight pollution are more likely to hurt Sinopec's bottom line by requiring the company to  upgrade their facilities. The State Council said that costs can be passed on to consumers, although it is currently unclear downtown orlando hotels how that will be done. Investors will likely want to wait for more clarity on those standards and the possibility of price reforms before making a play on Sinopec.
PanAsialum Holdings (2078.HKG) , which supplies aluminum coverings to Foxconn for use in Apple products, looked strong when trading in the informal gray market just prior to its IPO. But that positive momentum did not carry over to the first day of active trading Tuesday on Hong Kong Stock Exchange, and the company's shares sank to nearly downtown orlando hotels 17% below their IPO price by Thursday's close. With both Apple and Foxconn facing challenges, investors might want to avoid PanAsialum.