'I don't expect the market to feel jubilant because of this,' said Jigar Shah, head of research in Mumbai for securities firm Kim Eng Securities.

金英证券(Kim Eng Securities)驻孟买研究部负责人Jigar Shah说，我预计市场不会因此欢呼雀跃。

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Vikas Kawatra, senior investment analyst at Kim Eng Securities, thinks Tanayong may yet get its money.

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"Faced with the fear of the unknown, investors both domestic and foreign are very cautious and preferring other markets where there is less risk, " said Andrew Sullivan of Kim Eng Securities in Hong Kong.

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"We think that it will be difficult for Creative to make a decent return on MP3 players in the next few quarters especially when other consumer electronic giants are starting to pile in, " Dharmo Soejanto, an analyst with Kim Eng Securities in Singapore, told AFP.

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