Hi-P

Hi-P could be one of the privatisation targets. Its current majority shareholder (Mr Yao Hsiao Tung) already owns 84 percent of the company.

Chart wise, it has managed to reject the low of $1.13 and close higher at $1.16, looks like it may move up to retest $1.21 level.


Breaking out of $1.21 level with good volume that may see the price rises higher towards $1.31 level .

Not a call to buy or sell.

Pls dyodd.