What the analysts say

PUBLISHED : Saturday, 26 April, 2008, 12:00am
UPDATED : Saturday, 26 April, 2008, 12:00am

Yiu Chin, director of financial analysis, Altruist Financial Group

Pros: E-Land will benefit from Beijing's move to encourage domestic consumption

Cons: The timing of the share offer is not ideal given that a market rebound does not necessarily point to an upward trend

Nelson Chan Kai-fung, general manager, Bright Smart Securities

Pros: Many domestic retail stocks are doing well and some investors may find E-Land attractive

Cons: The market is still unstable and many investors are putting their money in the secondary market instead of new listings unless they are mega initial public offerings such as China Railway Construction Corp

Matthew Kwok, head of research, Tanrich Financial Holdings

Pros: The market has become less volatile in the past few days compared with early this year, which may help boost investor interest in new stocks

Cons: E-Land is not a well-known brand on the mainland and this will dampen investor confidence in the stock