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Breaking Market News: Dragon Capital Group -- September 21, 2009
Monday, September 21, 2009 9:51 AM


(Source: MARKETWIRE)trackingStock Market Alert's performance stock list includes: Dragon Capital Group Corp (PINKSHEETS: DRGV), Mueller Water Products, Inc. (NYSE: MWA), Baker Hughes Incorporated (NYSE: BHI) and E*TRADE FINANCIAL Corporation (NASDAQ: ETFC).

Breaking News: Toro Research is initiating coverage of Dragon Capital Group (PINKSHEETS: DRGV) with a speculative "Buy" recommendation. This month, the company recently announced that its subsidiary, Shanghai Yastand Information Technology Company, Limited ("Shanghai Yastand"), has received an award for technology achievement from Shanghai Municipal Government for developing a city gas pipeline risk assessment system.

Now the company, a leading holding company of emerging high-tech companies in China, issued a press release this morning announcing that that Toro Research is initiating coverage of Dragon Capital Group Corp. (PINKSHEETS: DRGV) with a speculative "Buy" recommendation and a performance rating of 8, on a scale of 10.

According to the report, our recommendation is based primarily on the company's revenue performance for the first half of 2009 as it relates to current market trends in the Asian region, as well as the company's historical performance and additional outside factors such as recovering Chinese economy and expanding growth in the country's Information Technology and Telecommunications sectors.

To view a copy of the complete report, please visit http://wallstreetenews.com/Toro-DC.pdf

On September 3rd 2009, the company announced that its subsidiary, Shanghai Yastand Information Technology Company, Limited ("Shanghai Yastand"), has received an award for technology achievement from Shanghai Municipal Government for developing a city gas pipeline risk assessment system. In addition, Shanghai Yastand has renewed its agreement with Shanghai North Gas Company, Limited to fully implement the pipeline risk assessment system which monitors Shanghai North Gas's 5,280-kilometer underground gas pipelines in north metropolitan areas of Shanghai.

The new risk monitoring system will allow Shanghai North Gas Company to monitor any potential breakdown in the underground gas pipelines by detecting gas leakages without the need for additional expenses and works. The new system will provide tremendous economic and environmental benefits by detecting early stage gas leaks enabling quick repair responses to significantly reduce gas losses.



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