UT Portfolio as at 16 Feb 07

With the Chinese New Year around the corner, Asian stock market would see minimum upward movement. Weak hearted are advised to cut-loss and those with slightly stronger heart hold onto your investment portfolio. As seen in the past week, the major indices have not changed much and i suspect this trend to follow thru the first week of the lunar new year.

Special caution to those holding onto China equity funds; make sure the underlying of such funds you invested are invested in companies with diversified global exposure. There are rumours that a huge bubble is building due to over-speculative investors (including tertiary students) taking part in the equity bull market. As we all would recognise by now that the market is mostly driven by speculation rather than fundamentals, it is good to be extra careful in choosing your investments.

Here's my portfolio for the week: