Equities Hong Kong/China Company Report Initial Coverage Nine Dragons Paper (2689 HK) 23 July 2013 China / Industrials / Paper From fast expansion to debt reduction We initiate coverage on Nine Dragons Paper (ND Paper) with an ACCUMULATE rating and a target price of HK$5.4‚ suggesting 11% upside potential. The rapid capacity expansion stage is coming to a slow down and the company is expected to focus more on debt reduction and raising profitability. Entering 2H
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The Vietnam conflict began in the late 19th Century. France forcefully took ownership of the islands and made the Vietnamese islands a protectorate of France. The Viet Minh‚ or the League Of Independence was formed sometime around 1940. They were a group of people seeking independence from France. The French Government opposed this action and decided to try and stop the Viet Minh from advancing their political ideals into the rest of Vietnam. In the city of Dien Bien Phu‚ the Viet Minh surrounded
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The Korean and Vietnam war are very similar in that both were the US’s attempt to fight communism by waging war in a distant third world country. Both wars were unpopular in the US and both led to a lack of victory. In fact‚ remarkable similarities exist between the Korean War and the Vietnam War; from the US support of a dictatorial and corrupt anti-communist regime to its conception of communism as a monolithic entity‚ under which all communist nations were necessarily allies‚ rather than individuals
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The Vietnam War was a war fought between Communist North Vietnam and anti-Communist South Vietnam. The main‚ intended goal from the United States perspective was to prevent the further spread of communism. In order to execute their goal‚ they sent troops to South Vietnam and established several bases. The U.S. assisted South Vietnam to push back the North Vietnamese. Although the U.S. pushed North Vietnamese back many times‚ they never succeeded in the end. The Vietnam War left several positive and
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Brief summary The Vietnam War commonly known as the Second Indochina War began as a conflict in 1959‚ after five years of the division of the country by the Geneva Accords. The United States and other members of the SEATO (Southeast Asia Treaty Organization) joined forces with South Vietnam in contesting communist forces comprised of South Vietnamese supporters of the communist National Liberation Front known as Viet Cong (VC)‚ and the North Vietnamese Army (NVA). In addition‚ the North had benefited
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The Vietnam War was the longest running war that the United States took part in. It began in 1955 and lasted till 1975‚ lasting almost twenty years. Vietnam‚ a small country in Southeast Asia‚ was divided into communist-leaded North Vietnam and non-communist South Vietnam. North Vietnam and communist-trained South Vietnamese rebels fought to take over the democracy South Vietnam. These rebels became known as the Viet Cong. The United States and the South Vietnamese army tried to stop them but failed
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On November 1‚ 1955‚ when North and South Vietnam began the fight to reunify Vietnam for good. South Vietnam knew that they needed aid in order to fight this fight‚ so they turned to the U.S. for help. U.S. aid became a crucial part of South Vietnamese strategies in this war. Although‚ the start of U.S. help/aid did not come easily‚ it took a lot of loss for America to give it’s support. Add another sentence here! Ultimately‚ U.S. involvement in the Vietnam War was a gradual process that led up to
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What Caused the Vietnam War? The Vietnam War was caused by many factors that contributed to the warfare in Vietnam during the years of 1959 to 1975. Most factors were the beliefs held by people who wanted to change or to prevent Vietnam becoming an Independent Country. Many people suffered due to these beliefs and policies and that the Vietnam War is now considered as one of the most distressing moments in the 20th Century. So why did the US become involved in the Vietnam War? What was Ho Chi Minh
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Foundation Ancient Vietnam About 2‚000 years ago people in North Vietnam began growing rice in the Red River Valley. To irrigate their crops they built dykes and dug canals. They were forced to work together and so an organized kingdom emerged called Van Lang. However in the 2nd century BC the Chinese conquered the area. The Chinese ruled northern Vietnam for more than 1‚000 years and Chinese civilization had a great impact on the Vietnamese. However in South Vietnam there was Indian influence.
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Explain the changing attitudes to Australia’s involvement in the Vietnam War. The Vietnam War was the long struggle between nationalist forces attempting to unify Vietnam and prevent the spread of communism. Australia was involved in the Vietnam War from August 1962 – December 1972‚ with approximately 60‚000 men and women serving. Australia was called to fight by the United States and on the request of the South Vietnamese government for assistance. The war was seen as necessary at first because
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