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China’s Knife Gate Valve Manufacturers new loans for Sep likely between RMB 300 and RMB 400
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China’s new loans for Sep likely between RMB 300 and RMB 400Published: 06 Oct 2009 22:31:12 PSTTop 5 News From ChinaKnowledge.comGE Asset raises stake in China South Locomotive to 7.02%IHG’s Hotel Indigo Hong Kong QRE to open in 2012MediaTek says no chip deal with MotorolaHang Seng Index opens 263 points higher on WedFabulous Group to boost capital for urban renewal projectsOct. 7, 2009 (China Knowledge) – New loans in China were between RMB 300 and RMB 400 last month, said Liu Mingkang, chairman of the China Banking Regulatory Commission, the nation’s top banking regulator, on Monday. Previous reports estimated that the month’s lending would reach RMB 600, claiming that China’s Big Four banks had extended around RMB 200 billion in new loans as of Sep. 25, and that the smaller banks had lent a combined RMB 400 billion.In the first six months of this year, China extended a record RMB 7.37 trillion in RMB-denominated loans. However, the country’s new loans dropped to RMB 355.9 billion in July and RMB 320 billion in August, China Knowledge reported earlier.Copyright © 2009 http://www.chinaknowledge.com北京翻译公司 Share trading 短信群发 冷风机 激光切割机 ペニーオークション washing machine spare parts 实验室家具 -
Spring, Peyton Manning jerseys Juneyao target overseas market
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Spring, Juneyao target overseas marketPublished: 28 Jul 2009 08:02:01 PSTBy Wang Xinyuan Spring Airlines and Juneyao Airlines, two privately run carriers based in Shanghai, are seeking permission to operate overseas flights to capitalize on the 2010 World Expo in Shanghai.However, industry analysts said yesterday that their push to expand might not necessarily reap immediate profits but create a larger market share and the chance to offer IPOs in the future.Spring Airlines, known for its low-cost flights and non-existent in-flight service, expects to get the nod from the Civil Aviation Administration of China (CAAC) by the end of the year. It plans to provide flights to Hong Kong, Macao, Southeast Asian region, plus Japan and South Korea, according to Zhang Wu’an, spokesman of Spring Airlines.“We want to grab the business opportunity of the World Expo in Shanghai next year, which will surely attract numerous tourists from overseas,” Zhang said.Juneyao Airlines filed its application with CAAC for overseas routes and expects to win market access to Hong Kong, Macao and eventually to the Southeast Asian region, Japan and South Korea within the year, Xinhua quoted Wang Junjin, chairman of Juneyao Group as saying.The carriers want to boost their values, occupy market resources and prepare for future listings to earn financing. To get listed, they need to expand and offer the maximum value, Zou Jianjun, a professor at Civil Aviation Management Institute of China, told the Global Times.“It’s hard to make a profit on the overseas market facing competition from foreign carriers which have advantages with their service and brand awareness,” said Yu Jianjun, a civil aviation industry analyst at Huatai Securities.“Whether their overseas presence is successful depends on their market positioning,” Yu said.Juneyao airlines traditionally targets business passengers including the middle and high-end markets, while Spring Airlines targets tourists with low-fare flights organized through China Spring Tour, a travel agency under Spring Airlines, according to Zhang.Air routes to Japan and South Korea are currently saturated and the profit margin is limited, Zou said.If domestic airlines rely on low fares for overseas market share, it’s doubtful whether they will make a profit given that AirAsia Airlines have entered the Chinese market, Zou added.The Malaysia-based regional airlines claims to be the world’s best low-fare airlines, serving Malaysia and Southeast Asia.Juneyao Airlines will have larger operational risks since it targets individual passengers and it’s difficult to guarantee the number of passengers. It also lacks overseas experience and market recognition, a source at CAAC told Beijing Business Today (BBT) newspaper.Although the domestic aviation market has started to bounce back and has grown by 28 percent in June, overseas traffic in June decreased by 12 percent over the same period last year, according to a Guotai Junan Securities report.Compared to the same period last year, the overseas scheduled traffic showed a 9.3 percent drop in passenger demand in May due to the weak economy and A(H1N1). Freight demand in May was down by 17.4 percent.Asia-Pacific carriers recorded a 14.3 percent drop in demand, according to the International Air Transport Association.Three giant State-owned carriers dominating China’s civil aviation market – Air China based in Beijing, China Southern Airlines based in Guangzhou and Shenzhen and China Eastern based in Shanghai – all suffered losses from their international flights last year.Air China’s operating income in 2008 fell by 12.88 percent year-on-year for flights to Japan and South Korea. China Eastern’s op电磁流量计 外汇保证金 翻译公司 搅拌机 クレジット 現金化 換金 kitchen cabinets on sale monolithic refractories -
Poly’s c manteaux fourrure ontracted sales revenue hit RMB 4.2 bln in May
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Poly’s contracted sales revenue hit RMB 4.2 bln in MayPublished: 08 Jun 2009 23:22:10 PSTTop 5 News From ChinaKnowledge.comCisco signs MOU with Shenzhen governmentJPMorgan raises H-share holding in ICBC to 5.03%Commonwealth Bank of Australia cuts stake in China ResourcesHang Seng Index opens 197 points higher on TueSinopec may acquire Canada-based Addax for US$8 blnJun. 9, 2009 (China Knowledge) – Poly Real Estate Group Co Ltd<600048> on Jun. 9 posted contracted sales revenue of RMB 4.2 billion and contracted sales area of 573,900 square meters (sq m) for last month, sources reported.In the period from January to May, the Shanghai-listed company’s contracted sales revenue was 14.71 billion, a sharp year-on-year increase of 157.54%. Contracted sales area skyrocketed 150.26% year on year totaling 1.82 million sq m. Poly announced on Jun. 9 that its Beijing branch acquired a piece of residential land for RMB 385 million in Miyun County, Beijing on May 15. The land covers area of 202,000 sq m, of which 178,100 sq m will be used for construction.Reportedly, the firm will begin selling units in the second stage of a residential property project located in Lengquan Village, Xibeiwang Town, Haidian District, Beijing on Jun. 14 at a starting price of RMB 11,000 per sq m. Copyright © 2009 http://www.chinaknowledge.com电磁流量计 solid wood kitchen cabinets 冷热冲击试验箱 bldc motor lithium battery クレジットカード 現金化 门禁 refractories castable -
China se Molded Case Circuit Breaker es fewer new private firms
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China sees fewer new private firmsPublished: 25 Mar 2009 23:40:01 PSTMar. 26, 2009 (China Knowledge) – The growth of the number of new private companies in China has slowed down, the Xinhua News agency reported, citing a yearbook released yesterday by the All-China Federation of Industry and Commerce and the Chinese Private Enterprise Academy (CPEA).At the end of June, 2008, the number of private companies in China had reached 6.24 million, with a growth of less than 4% from the end of 2007, whereas the number increased 10.7% in 2007 and 15.8% in 2006.Several factors contributed to the decline, including surging prices for raw materials, energy and labor costs, the government’s intensified control of land use, the appreciation of Chinese currency, and reduced tax rebate rates, according the yearbook.Private firms in China mainly engage in manufacturing, wholesale and retail and construction. However, many private companies have begun to be involved in newly emerging industries.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News滤油机 passenger elevator lipo battery 离心风机 lithium battery ショッピング枠 現金化 OA系统 refractories china -
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Bamboo Heritage Published: 11 Apr 2009 19:24:54 PSTAuthor: Zan JifangBamboo-strip books gave people a chance to read and write, and in the process spread Chinese culture through centuriesOne of the most poignant moments during the opening ceremony of the Beijing Olympic Games on August 8 was the scene where 3,000 performers in the guise of Confucius disciples, each holding a roll of bamboo-strip book, recited the Confucian classics.This performance presented to the audience a very important period in the development of Chinese culture. It was called the Spring and Autumn Period (around 770-476 B.C.), a time of major social changes when various schools of political or philosophic thought emerged, including Confucianism, legist doctrine, Taoism and Mohism. The founders and representatives of these schools wrote books on their doctrines and debated with each other, giving rise to the blooming of academia in China’s history. The thoughts during that period laid a solid foundation for the development of culture in China’s feudalist period and also had a deep influence on ancient Chinese culture as a whole.One of the crucial factors helping to support such cultural prosperity is the change of writing materials. When Chinese characters were first created, they were inscribed on animal bones, tortoise shells or bronze ware. But because these materials were not easy to find and difficult to inscribe, characters did not gain popularity. This meant that until the Shang Dynasty (17th century-11th century B.C.), those who could read or write were limited to a small group of intellectuals, which greatly affected the spread of knowledge and culture. This situation did not change until the appearance of books and documents written on bamboo or wood.Before paper-making was invented by Cai Lun in A.D. 105 and the popularization of the use of paper in China in around 4th century, bamboo and wood were the major materials used to write on. Generally speaking, the bamboo strips were called jian and wood tablets were called du. The research of historians shows that jian was normally used to write books, laws or important official documents, while du was used to write ordinary archives, account books or private letters. Archaeological discoveries showed that jian was very thin and slim with the width less than 1 cm and the length ranging between 10 cm to 70 cm.Bamboo and wood were not the only materials used for writing in ancient China. Silk and satin were also used. But because silk was very expensive, ordinary people could not afford it, leaving the way open for jian and du that prevailed for more than 1,000 years. And so the records of culture were maintained.”Bamboo-strip or wooden books played a very important role in spreading characters among ordinary people in ancient times as well as passing down the ancient civilization,” said Professor Zhao Chao, a researcher of the Institute of Archaeology of the Chinese Academy of Social Sciences, on China’s National TV station’s program Lecture Room.As the historical documents about the early part of China’s history that have been passed down are very rare, bamboo strips today are very valuable.”The discovery of ancient bamboo strips was one of the most important archaeological findings in the 20th century,” Zhao said.Bamboo-strip books are seen as the best materials for the study of the earliest Chinese manuscripts or documents. Li Ling, a professor of history at Peking University, who is one of the leading scholars in the study of ancient documents in China, said in his book named Ancient Documents and the Academic Development.The meaning of the discovery of ancient books and documents does not lie in the finding of some unseen books, but in the challenge to historians of how to look at the writing styles, classification of ancient books, changes of texts, and the div过滤机 热处理设备 深圳装修公司 kitchen cabinetry 深圳罗湖搬家 弹簧 外匯買賣 ビジネスローン -
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Chinese stocks down 3.39% on MonPublished: 08 Mar 2009 23:00:00 PSTMar. 9, 2009 (China Knowledge) – Chinese stocks ended lower on Monday dragged by securities shares.The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, dropped 3.39% or 74.26 points to 2,118.75 points.The Shenzhen Component Index on the smaller Shenzhen Stock Exchange declined 3.67% or 303.09 points to 7,946.80 points.Decliners in the Shanghai market outnumbered gainers by 735 to 82, while 27 were unchanged. Aggregated turnover on the two bourses was RMB 154.82 billion.Securities shares dragged down today’s market. Northeast Securities Co Ltd<000686> slid 9.93% to RMB 19.77. Guoyuan Securities Co Ltd<000728> ended 9.03% lower at RMB 14.01. CITIC Securities Co Ltd<600030>, the country’s most profitable brokerage, tumbled 7.37% to RMB 21.25. Haitong Securities Co Ltd<600837>, a Shanghai-based brokerage, lost 6.25% to close at RMB 11.85. Sinolink Securities Co. Ltd<600109> fell 6.10% to RMB 28.902. Changjiang Securities Co Ltd<000783> decreased 8.24% to RMB 12.25. Bank shares were also weak today. China Merchants Bank (CMB)<600036><3968>, the nation’s fifth-largest bank by market value, ended 4.94% lower at RMB 15.00. Bank of China<601988><3988> retreated 5.03% to RMB 3.40. Shanghai Pudong Development Bank<600000> dropped 4.63% to RMB 18.53. Hua Xia Bank<600015> lost 4.18% to RMB 9.62.Property sector ended mixed. Oceanwide Real Estate Group Co Ltd<000046> slid 6.03% to RMB 8.26. China Vanke Co Ltd<000002><200002>, the country’s largest publicly traded residential properties developer, went down 2.35% to close at RMB 7.89. Poly Real Estate Group Co Ltd<600048>, China’s second-largest developer by market value, ended 0.39% higher at RMB 20.47.Market heavy weight PetroChina<601857><857><PTR>, the nation’s top oil producer, declined 2.22% to close at RMB 10.59, while Asia’s largest oil refiner, Sinopec<600028><386><SNP> fell 4.34% to close at RMB 8.15.Airline shares also ended mixed. China Southern Airlines Ltd<600029><1055><ZNH> added 1.64% to RMB 4.35. Air China Ltd<601111><753> dropped 2.39% to RMB 4.50. China Eastern Airlines Corp Ltd<600115><670><CEA> retreated 4.64% to RMB 4.52. Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News外汇交易 passenger elevator 深圳装饰 rta kitchen cabinets 深圳福田搬家公司 oa办公系统 外匯買賣 launch x431 diagun -
China Re mobile phone on sale sources sells stake in retail JV with Esprit
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China Resources sells stake in retail JV with EspritPublished: 17 Dec 2009 02:17:35 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketDec. 17, 2009 (China Knowledge) – China Resources Enterprises Ltd<0291> announced that it would sell the entire 51% stake in a retail JV with Esprit Holdings<0330>to its JV partner for HK$3.88 billion. After the stake sale, China Resources will focus on its core businesses, including supermarkets, beer production, food processing and food distribution, while Esprit will continue to expand in the mainland market with two brands Esprit and RedEarth.China Resources will book a gain of HK$3.2% from the deal. The consideration will be paid by Esprit’s internal resources and bank loans.Copyright © 2009 http://www.chinaknowledge.com翻译公司 refractories china 深圳福田搬家公司 oa办公系统 kitchen cabinets on sale 电磁流量计 外汇保证金 kitchen cabinets -
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Yanlord Land to sell apartments in Shanghai in NovPublished: 13 Sep 2009 23:18:59 PSTTop 5 News From ChinaKnowledge.comBYD aims to finish Shenzhen listing procedure next Sept.Google to expand sales team in ChinaHang Seng Index opens 319 points lower on MonPing An Insurance ties up with Greentown Real EstateSamsung sells 654,000 LCD TVs in China in JulySep. 14, 2009 (China Knowledge) – Yanlord Land Group, a Singapore-listed real estate developer based in China, plans to sell the last batch of apartments in Yanlord-Yunjie Riverside Garden Phase 2 in November, sources reported. The selling price and number of apartments have not been released yet, but the apartments will each have a floor area of 90 square meters. The project, which is located in Qingpu District, Shanghai, covers a land area of 326,500 sq m and has a total potential floor area of 320,000 sq m. It will consist of two phases comprising 1,782 apartments in total. Apartments in Phase 1 will each have a floor area of between 119 sq m and 166 sq m. The project’s floor area ratio will be 1.2, and landscaped areas will cover around 52% of the development. On Sep. 10, Yanlord Land failed to win the bid for a parcel in Shanghai. China Overseas Land & Investment Ltd<0688> bought the parcel for around RMB 7 billion, a price RMB 400 million more than the price Yanlord Land offered to pay. Reportedly, Yanlord Land reaped S$802.21 million in revenue in the first half of this year, reflecting a year-on-year increase of 57% from S$511.88 million. Copyright © 2009 http://www.chinaknowledge.com冷热冲击试验箱 ビジネスローン 香港花店 lithium polymer 门禁 滤油机 solid wood kitchen cabinets クレジットカード ショッピング 現金化 -
Hon Hai Site amenity to supply Xbox 360 console
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Hon Hai to supply Xbox 360 consolePublished: 14 Oct 2009 17:48:46 PSTTop 5 News From ChinaKnowledge.comCarrefour says no plan to withdraw from ChinaYuzhou Properties eyes US$285 mln from HK IPOElec-Tech International to raise RMB 1.53 bln via private placementHon Hai to supply Xbox 360 consoleTianwei New Energy to acquire stake in Hoku ScientificOct. 15, 2009 (China Knowledge) – Taiwan-based Hon Hai Precision Industry Co, the biggest contract manufacturer of electronics in the world, has recently been added to a list of suppliers chosen to make the Microsoft Xbox 360 console, local media in Taiwan reported.A research report released by Henry King, an analyst for Goldman Sachs Group Inc, confirms this.Hon Hai subsidiary Foxconn Technology Co Ltd will continue filling OEM orders for Sony’s PS3 game console and will continue making the Nintendo Wii.Hon Hai’s operating revenue peaked at NT$149.4 billion last month. New orders for the Xbox360 console will help Hon Hai maintain revenue growth through October.Some analysts have long said that Hon Hai is a competitive player in the game console field. Landing Sony’s PS2 OEM game console orders was a key milestone for the firm.Copyright © 2009 http://www.chinaknowledge.comlipo battery launch x431 diagun 乳化机 冷热冲击试验机 OA系统 过滤机 passenger elevator dental bearings -
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US promises to accelerate recognition of China’s market economy statusPublished: 29 Jul 2009 20:02:01 PSTThe US promised to recognize China’s market economy status as soon as possible when the first round of China-US Strategic Economic Dialogue (S&ED) concluded on July 28 in Washington.The US recognized the "continued progress" China has made in its pursuit of market reforms and will "earnestly" consider its concerns, and work toward its market economy status being acknowledged in an "expeditious" way, US officials said.During the two-day dilogue, officials from China and the US held face-to-face plenary session addressing many strategic economic issues, and agreed to strengthen cooperations in building the financial system to ensure the financial stability in the world.The US also promised to relax its restriction on hi-tech exports to China.Both sides believed the S&ED has paved the road for President Obama’s visit to China later this year.The second round of the S&ED will be held next year in Beijing. Explore the World, Understand China!Please log on http://www.gloaltimes.cn深圳装修公司 autoboss V30 电炉 lithium polymer 外匯買賣 外汇交易 热处理设备 过滤器 -
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Chinese stocks extend gains on FriPublished: 14 Nov 2008 02:04:02 PST Nov. 14, 2008 (China Knowledge) – Chinese stocks extended gains on Friday, as investors’ confidence rallied over the detailed economy stimulus package approved on Wednesday. The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, edged up 3.05%, or 58.83 points, to 1986.44 points after fluctuating between 1987.26 and 1921.84 points. The Shenzhen Component Index on the smaller Shenzhen Stock Exchange gained 4.66%, or 296.38 points, to 6660.41 points, after touching an intraday low of 6378.06 points. Gainers in the Shanghai market outnumbered decliners by 814 to 4, while 36 were unchanged. Aggregated turnover on the two bourses was RMB 99.581 billion. Generally speaking, securities, real estate and airline stocks led the gains. CITIC Securities Co. Ltd<600030>, the country’s most profitable brokerage, added 4.88% to RMB 21.05. Changjiang Securities Co. Ltd<000783> gained 7.64% to settle at RMB 12.12. Guoyuan Securities Co. Ltd<000728> surged 8.64% to close at RMB 12.45. Haitong Securities Co Ltd<600837>, a Shanghai-based brokerage, soared 9.97% to RMB 14.78. China Vanke Co Ltd<000002><200002>, the country’s largest publicly traded residential properties developer, gained 4.06% to RMB 6.92. Gemdale Corp<600383>, one of the largest property developers in China, jumped 7.59% to RMB 6.38. COFCO Property (Group) Co Ltd<000031> went up 7.04 to RMB 6.08. Air China Ltd<601111><753>, the largest carrier in the country by market value, soared 5.49% to RMB 4.23. China Eastern Airlines<600115><670><CEA>, the country’s third-largest carrier, rocketed 5.11% to RMB 3.50. China Southern Airlines Co<600029><1055><ZNH>, the largest airline by fleet size in the country, went up 7.05% to RMB 3.34. China Life Insurance Co<601628><2628><LFC>, the country’s largest life insurance company, advanced 3.37% to RMB 21.45, while its smaller rival Ping An Insurance (Group) Co<601318><2318> added 2.39% to RMB 26.59. Market heavy weight PetroChina<601857><857><PTR>, the nation’s top oil producer, edged up 2.22% to close at RMB 11.52, while Asia’s largest oil refiner Sinopec<600028><386><SNP> added 1.96% to close at RMB 7.81. Copyright © 2008 http://www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related Topics China News Aloe vera Rift platinum 深圳搬家 深圳装修 外匯買賣 北京翻译公司 passenger elevator 激光打标机 -
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Chinese stocks open slightly lower on FriPublished: 18 Dec 2008 23:01:08 PSTDec. 19, 2008 (China Knowledge) – Chinese stocks opened lower on Friday following weak performance in Wall Street, with the benchmark Shanghai Composite Index declining 0.47% from the previous closing.The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, opened lower at 2006.21, down 9.49 points from Thursday.The Shenzhen Component Index on the smaller Shenzhen Stock Exchange opened 0.29% or 21.15 points lower at 7391.32 points.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News冷热冲击试验箱 烘箱 深圳搬家公司 深圳南山搬家公司 弹簧 负压风机 XP系统下载 北京翻译公司 -
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12 airlines apply for cross-strait charter flights during CNYPublished: 13 Jan 2009 00:00:00 PSTJan. 13, 2009 (China Knowledge) – The mainland civil aviation regulator has accepted the applications from 12 airlines which intend to run direct flights between the mainland and Taiwan during the coming Chinese New Year.The 12 airlines, including seven mainland carriers and five Taiwan airline companies, plan to provide more flight services during the period between Jan. 12 and Feb 9, in a bid to meet the growing demand.A total of 129 temporary flights are expected to be launched during the period, with 61 flights run by seven mainland carriers and 68 run by Taiwanese carriers.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News风机箱 短信群发 自清洗过滤器 冷热冲击试验机 工作流 湿帘 净化工程 风机 -
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Hang Seng Index sheds 7.08% on ThuPublished: 06 Nov 2008 01:53:33 PSTNov. 6, 2008 (China Knowledge) – Hong Kong stocks saw sharp loss on Thursday, as concerns over the health of the global economy started to haunt investors again. The Hang Seng Index, the benchmark, opened 758.4 points or 5.11% lower at 14,081.76. After fluctuating between 14,081.76 and 13,674.07 points, the blue-chip Hang Seng Index plunged 1050.12 points or 7.08% to close at 13,790.12. Mainboard turnover dropped sharply to HK$48.25 billion from HK$63.37 billion on Wednesday. Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, dived 626.19 points or 8.67% to 6,599.50 points. Market heavyweight HSBC Holdings Plc<5><HBC>, which accounts for the largest weighting of the Hang Seng Index, fell 4.52% to HK$90.65. Another market heavyweight China Mobile<941><CHL>, the largest firm by capitalization in the Hong Kong market, plummeted 8.17%% to HK$65.75.Cathay Pacific Airways<293>, the flagship carrier of Hong Kong, tumbled 14.31% to HK$8.08 after it warned of disappointing results this year. Offshore oil producer CNOOC<883><CEO> dived 12.86% to HK$5.76. Sinopec<600028><386><SNP>, Asia’s largest oil refiner slid 9.58% to HK$4.53, while PetroChina<601857><857><PTR>, the country’s largest oil producer and also involved in refining business, ended 7.77% lower at HK$5.58. China Construction Bank (CCB)<601939><939> fell 5.77% to HK$3.84, while the nation’s largest lender Industrial & Commercial Bank of China (ICBC)<601398><1398> tumbled 8.38% to HK$3.61.Bank of China (BOC)<601988><3988> ended 8.09% lower at HK$2.16. Bank of Communications (BoComm)<601328><3328> and China Merchants Bank (CMB)<600036><3968> shed 7.48% and 9.94% to HK$4.45 and HK$12.14 respectively.Top insurer China Life Insurance<601628><2628><LFC> closed 7.62% higher at HK$20.00 while smaller rival Ping An Insurance<601318><2318> plunged 9.44% to HK$32.60.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News管理咨询 深圳装饰 lithium battery 深圳搬家公司 工作流 カード 現金化 比較 网络电话 超声波清洗机 -
Zhengzho blu-ray ripper u Coal Industry to issue RMB 1 bln in financing bills
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Zhengzhou Coal Industry to issue RMB 1 bln in financing billsPublished: 03 Sep 2009 23:48:07 PSTTop 5 News From ChinaKnowledge.comBank of China to raise money for 24 Swiss fundsIndustrial Bank to issue RMB 10 bln in subordinated bondsAgile Property to hold board meeting on H1 results next WedGoogle China President Kaifu Lee may resignBosch and Siemens adds US$90 mln investment in ChinaSep. 4, 2009 (China Knowledge) – State-owned Zhengzhou Coal Industry (Group) Co Thursday announced that it will issue 365-day financing bills on the interbank market on Sept. 11, sources reported.The company hopes to raise up to RMB 1 billion through the issuance.The bills will become tradable on Sept. 16, and both the value date and the payment due date will be Sept. 15, according to the company’s statement.The financing bills will be issued at face value and the yield will be determined in the process of book building.The proceeds from the issuance will be mainly used to replenish working capital, repay bank loans and reduce financing cost.China Dagong Global Credit Rating Co has rated the issuer and the bills AA- and A-1, respectively.Shanghai Pudong Development Bank<600000> has been assigned as the major underwriter for the sale.Copyright © 2009 http://www.chinaknowledge.com老房子 上海翻译公司 芦荟 lithium polymer 弹簧 panoramic elevator 北京翻译公司 超声波 -
Guangzho cummins engine u-based shoe maker may buy Pierre Cardin
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Guangzhou-based shoe maker may buy Pierre CardinPublished: 28 Jun 2009 22:51:40 PSTTop 5 News From ChinaKnowledge.comHTC’s U.S. handset sales likely to rise 50% in 2009Haier Group raises shareholding in Qingdao Haier to 44.58%China, Arab nations to set up energy co-op mechanismChina’s industrial profits down 22.9% in Jan-MayTCL teams up with Xinwang Media for digital TVJun. 29, 2009 (China Knowledge) – Guangzhou Jiansheng Trading Ltd, aprivate shoe manufacturer in southern Guangdong Province, is in talkswith French attire maker Pierre Cardin on a possible acquisition,sources reported.The Guangzhou-based shoe maker expects to close the deal in one month,said the company’s chairman, Liu Jianxue. No further details wereavailable.Guangzhou Jiansheng currently holds the franchisee for Pierre Cardin in China. Foreign media earlier said that two privately-owned Chinese companies,one from Guangzhou and another from Wenzhou, had both offered to buyPierre Cardin for EUR 200 million.Wenzhou-based China Aokang Group is reportedly another bidder forPierre Cardin. A spokesman for the Chinese shoemaker declined todisclose whether the company is in talks with the French company.Pierre Cardin was one of the first western fashion brands to enter the Chinese market.Copyright © 2009 http://www.chinaknowledge.comCFD MBA 弹簧 除湿机 门禁 現金化 比較 lithium batteries 物流公司 -
Jiangxi COSMETIC BRUSH Copper launches Dexing mine expansion project
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Jiangxi Copper launches Dexing mine expansion projectPublished: 10 Jun 2009 01:19:39 PSTTop 5 News From ChinaKnowledge.comAlcatel-Lucent secures 40% of China Telecom’s FTTH projectChina’s cargo throughput up 5% in MayGoogle sees China market share drop to 20.9% in Q1Gucci opens flagship store in Shanghai, plans more China storesChina Southern Airlines delays 10 aircraft deliveriesJun. 10, 2009 (China Knowledge) – Jiangxi Copper Co Ltd<600362><0358> has started an expansion project at its Dexing copper mine to increase its annual processing capacity to 130,000 tons from the current 100,000 tons, the official Xinhua News Agency reported. The company said that this expansion project includes rebuilding the mining factory, improving the waste material transportation system, and upgrading the equipment. Dexing copper mine, which is China’s largest open air copper mine, has proven copper reserves of 5.9 million tons. Upon the completion of the expansion project, 41,000 tons of copper ore will be added to its current annual output of 120,000 tons, and 61 kilograms of gold and 25 tons of silver will also be added to its annual capacity. The expansion project will provide a stable supply of material to Jiangxi Copper for another eight years, and will also produce over 700 million tons of low-grade ore that will help ease China’s copper shortage, said Liu Fangyun, head of the mine. Jiangxi Copper plans to invest RMB 44 billion in new projects in the next few years.Copyright © 2009 http://www.chinaknowledge.com弹簧 环保空调 港澳游 弹簧 カード 現金化 比較 lithium 3.6V battery 有机玻璃 CFD -
Hong Kon paintball mask g’s retail sales down 7.7% in Mar
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Hong Kong’s retail sales down 7.7% in MarPublished: 04 May 2009 23:47:39 PSTTop 5 News From ChinaKnowledge.comHong Kong Disneyland expansion deal to be closed soonJPMorgan launches 4th China branch in GuangzhouPraxair establishes JV with SinopecHang Seng Index opens 191 points higher on TueChina Eastern to sell 2 A340s for RMB 590 mlnMay 5, 2009 (China Knowledge) – Hong Kong’s retail sales dropped 7.7% from the previous year to HK$20.8 billion in March, according to statistics released by the Census and Statistics Department on May 4, sources reported.Discounting the effect of price changes, the retail sales volume fell 9.3% year on year. The sales volume of the car and car accessories industry and experienced the sharpest plunge of 32.6% from a year earlier. Sales of clothes and consumer durables declined 19.6% and 19.1% compared with a year ago, respectively. The improvement in the stock and property markets since the beginning of this year supported consumption, but unclear prospects of employment and income continued to affect consumer confidence, said spokesman with the local government, adding that the outlook for the retail industry remains gloomy in short term, but that the government will render some support. Copyright © 2009 http://www.chinaknowledge.com翻译公司 冷风机 港澳游 air conditioner motor kitchen cabinets online クレジットカード 現金化 比較 lithium batteries surge arrester -