is why there are so many .oubts sinopec -- were you interested?re 25 organizations, and they are all there. i cannot wait that long. everything has a price. come on. so they pay the price to grow at this level, and they have to do something seriously to show the commercial terms, taking care of and this isders, about efficiency. and you will see earnings coming through. we all need earnings. some things are so depressed, and things are oversold for so long, and fundamentals are coming next year. it would be a very big year for china, because a shares are coming. 6000 points. >> yes. 6000. -- >> 6000. >> ok, we are going to mark your words and get you back when and if that happens. always good to hear from you and get some insights on china. with atlantis.g >> this is "asia edge," with more on the other side of this break. ♪ ♪ >> time to look at alternative investments. now, we all know about wine and stamps, but what about watches? building a portfolio of watches takes research and time. get a good return on your timepieces. >> we are central watc

those are the sinopec shares at the moment.n go to the opening prices for the map, and this on the day where clearly chinese production,ustry have impacted the market significantly. taiwan was way down before. australia off by almost 1%. closely linked to china. that is the concern for that. shanghai opening off by 1/5 of 1%. falling seng finding -- half of 1%. sinopec falling 4.5%. the biggest companies are the resource companies. clearly down to the one individual story about the company itself, the biggest energy company in china, selling off a stake in the retail business to begin that development. games but nothing dramatic. in australia, the biggest recliners are all china-related. tas is down. last group, tied to china. sinopec is down 4.5%. >> declining fortunes over there. that is how your money is doing at the moment. let's tell you about china's full-year growth target. new data showing a continued slowdown. let's get the details from the chinese economist joining us from beijing. the data is the weakest since 2008.

and other news, sinopec is selling about a third of its business.17.5 billion in total. this is after a push from beijing to restructure and open up to market forces. afterl be watching hsbc trading kicks off in hong kong after the lender paid to settle u.s. mortgage claims. they were accused of selling faulty mortgage bonds before the financial crisis. much lower than those leveled on jpmorgan, bank of america, and goldman sachs. , watch out, it may have competition from asia. htc is developing its first waterproof camera for extreme sports. htc, which is forecasted 12 straight quarter of falling sales, is looking for new revenue after losing smartphone share. they declined to comment on the story. placeibaba ipo takes later this week, but today, the roadshow rolls into hong kong. lots of interest from investors, even before the roadshow is ending. is there any thought here that maybe this could boost up the higher price of the pricing rancher? -- range here? hereere is enough interest at the higher end of the range, six dollars per share. they cou

investors will buy the stake and gain access to sinopec 's huge network of fuel stations.ts had been expecting a higher valuation. nigeria is considering offers of more than one he billion dollars -- $20 billion. the government will focus on developing renewable energy projects to diverse affiant supply of electricity. on improvements to combustion engines as well as hybrids according to meet eu emissions targets. european infrastructure is insufficient yet for pure electric cars. the car manufacturer is working to develop stretch versions of its basic models. very futuristic. let's stay in germany. the national parliament wants answers after reports of nsa and dchq listening in on german conversations. the committee plans to ask executives from deutsche telekom if they knew that the nsa had gained access to their networks. let's figure this out. hans nichols joins us now from berlin. this is pretty interesting. the germans are getting quite serious about this. the u.s. is going to have to pay attention. germanyhave already -- has already asked the cia had to leave in resp

sinopec back in april, 15% of progress energy lng gas reserves. lng supply deal.his is based on financials. you put those three together, it is active. in 2004, 1 hundred $6 billion. last year $470 billion. you do get a scale of how much ir control.r the some of the stories we're following this tuesday morning, it has been revealed that goldman sachs has [indiscernible] weeks before the ale out. the money was earmarked for a project in venezuela. of the debts but offloaded them as well. goldman sachs declined to comment. and this time the world cup is not to blame. macau gambling revenue fell. the august numbers are also down as well. analyst says the drive against corruption and excess is putting off the high rollers. their longest losing streak on record down for the ninth consecutive day on monday. hang seng's worst performing stock this year. and another sales tax rises in the works. prime minister shinzo abe will go ahead but his move may not be clear-cut as the april levy has cut spending and production. japan's highest sales tax has taken another bite out o

slump.of sinopec they are selling 17 and a half earlier dollars from the retail business.nd a will by the 30% they can gain access to the fuel stations. have filed.r you they will close all of the shops. no more phones for you commercials. brewers.o watching heineken has rejected a takeover bid. caroline hyde has got the details. heineken said they want to stay independent. will it? >> the family wanted to remain independent. it was only the last couple weeks it was approached i the second biggest or were. it has the emerging markets rose for heineken. s of focus in terms of asia and africa as well. it wouldn't come cheap. we understand the family doesn't like the idea of losing it independent. that's why heineken has been such a difficult target. >> let's talk about why sab .iller is doing this this seems to be more about protection that may be a strategy it sells -- it self. good for the number one player in the world. maybe sab miller is trying to delay any sort of willing, or is it trying to flush it out? maybe they will make us will if sab miller looks like it could b