RE: HSBC buying again quietlyOk, this is making a lot of sense now as v.CDQ (who has the same mgt team as CQ) came out with a NR last evening;
Challenger Development Corp. has retained the services of Asian Capital & Equity Ltd. to handle its investor relations activities in the German investment community.
"We are pleased to announce that we have selected Asian Capital & Equity Ltd. to reinforce Challenger's profile in the financial community and enhance the visibility of our project portfolio. We chose Asian Capital & Equity Ltd. because its standards and methodologies fit best with the message we wish to communicate to the German investing public," noted Simon Tam, president and chief executive officer of the company.
Asian Capital & Equity is an investor relations firm based in Hong Kong. Alexander Holtermann, the founder of Asian Capital & Equity, has worked within the financial markets in Europe for the past 17 years. Asian Capital & Equity focuses on the introduction of junior and senior North American and international public companies to the German-speaking media and financial institutions.
Asian Capital & Equity shall provide the company with a package of services for a two-month period, which shall include: recommendation in its newsletter the ACE Investor, a follow-up in a special issue of the ACE Investor devoted to the company, a video interview to be produced by Asian Capital & Equity and posted on its Bull and Bear TV website, and two retrospect articles in the ACE Investor four weeks after the special issue.
And upon further DD here, I found out that Asian Capital has close ties with HSBC! Put the two pieces together here and we have something! don't be surprised if we see some news on CQ later in the week here . George