[Dow Jones] CapitaMalls Asia +3% to 8-session high of $2.13, extending 5.1% gains so far this week, outperforming other blue chips. Interest possibly driven by DB conference held earlier this week where CMA was one of the participating companies. CMA's share price had been bashed down lately and investors may be realizing that China's property tightening measures is targeting the residential segment and not the retail side. So it could be a relief rally.
CMA, which has significant exposure in China, may also be a potential beneficiary of Rmb revaluation. Resistance tipped at 50-day MA at $2.23.
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