Tuesday, July 3, 2007

Philippine Telephone, SmarTone, Wuhan Iron: Asia Ex-Japan Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in Asian markets, excluding Japan. This preview includes news
that broke after markets closed. Prices are from the local
market's last close. Stock symbols are in parentheses after
company names.

Hong Kong retailers: The city's retail sales growth
accelerated in May on a surge in the number of tourists arriving
from mainland China to buy clothes, jewelry and cosmetics. Sales
by value rose 10.2 percent from a year earlier, the government
said. That was higher than the 7.6 percent median estimate of 12
economists surveyed by Bloomberg News.


Read more at Bloomberg Stocks News

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