Disney shares on boil again

SHANGHAI: The high volatility of Disneyland-related shares in Shanghai has made individual investors wary of such stocks on fears that the frequent tremors would benefit only institutional investors.

An example of this is the report that appeared on Tuesday in Securities Times. The report said the Shanghai Disneyland project had passed "the verification stage set by top decision-makers" and would be officially announced by the end of the month.

The Shanghai-based National Business Daily reported yesterday that US President Barack Obama's impending China visit in mid-November could have been the trigger for fast tracking the Disneyland project, citing insiders.