Kwong to issue the former deputy president for trial

Wang Xin's disposal of state-owned non-performing assets suspected of bribery yesterday, the former vice president of the dock was tried for light sentence, Guangdong Development Bank Former vice president, executive chairman Wang Xin in the Guangzhou Intermediate People's Court trial. It is alleged that Wang Xin in charge of the disposal of non-performing assets, for others to seek illegal benefits, the recipient of gratitude for a total of HK $800,000 and a value of 680,000 yuan "Lexus" car.  It is understood that this is the 2009 Guangdong Bank, a number of senior executives were questioned after the first senior executive. Resume: October 1951 born, Bachelor degree, senior economist. A new ...

Shenzhou Thai Yue Hair "golden handcuffs" 300 employees share 4.5 million options

Gem company China Yue (300002, closing price of 60.31 yuan) in the listing is about to expire on the occasion. Launched a long gestation of equity incentives.  Yesterday evening (August 4) the company issued the relevant draft. However, unlike other companies, Shenzhou Thai Yue This target limited to the middle of the company and the core technical staff, the company Director of the High Commissioner did not participate.  The right to the price of August 4 the shares close to 60.31 yuan/share, while the main right conditions for the company in 2010 ~2013 year, the 4 years of the composite growth rate of net profit is not less than 16%. The incentive object does not include executives ...

Huaxia Six fund first quarter "betting" into the Xidan market

Yesterday, Xidan Mall (600723.SH) announced that the company's controlling shareholder, Beijing Xidan Friendship Group (hereinafter referred to as "the Western Group") is planning to involve the company's major asset reorganization matters.  Beijing, a broker in charge of asset management told reporters that, according to his understanding, Xidan Mall controlling shareholder restructuring may be owned Lufthansa Group's first Brigade group and the merger of Western friends, the current two group merger may have been set down, but the details have not come out. And when the "First financial daily" reporter on whether the suspension means that Lufthansa group injected telephone interview Xidan Mall Dong Wang Wang, its to ...

Shao-energy shares suspension of restructuring guess

Shao Energy shares 8th evening announcement, the company is planning major issues. Due to the uncertainty of the relevant issues, in order to avoid abnormal fluctuations in stock prices, the company's shares since the opening of the suspension. It is expected that the relevant matters should be dealt with before July 14, 2010.  The suspension of the company's shares caused a new round of speculation about its restructuring, and the "gossip" between the two had once again floated on the surface. "China-Canton Nuclear Backdoor" topic again after the company announced the suspension, on what it called "major issues" of the market have all sorts of speculation, but the hottest topic is early rumors of "China-Canton nuclear Backdoor". ...

China Southern car overseas expansion speed

Doubling of overseas sales in the next five years [Australia is the bridgehead of China South car to open up developed country market, this April, China Southern car and the country also signed the vehicle contract] China South car (601766. sh;01766. HK) Overseas expansion strategy accelerates.  August 4, China Southern Car announced that as of the end of July this year, the company's overseas contract amount of more than 760 million U.S. dollars, at present, China Southern car overseas market sales revenue, about 10% of the total sales revenue, the next 5 years, the proportion will increase to 20%. China Southern car Dong Shao Renjiang revealed: "This year ...

The intriguing Chinese economy

Author: Showeng Last week, a statistic from China became a magic wand to disturb global capital markets, not only when the Shanghai Composite Index plunged nearly 7%, but also dragged global stock markets tumbling and the Dow Jones index fell below million points. The PMI index, the full name Purchasing Manager index (PURCHASINGMANAGERSINDEX), is an unofficial statistic that reflects the boom in manufacturing.  Typically, a PMI above 50 indicates that the economy is expanding, and below 50 indicates that the economy is shrinking. July 1, HSBC public ...

It is rumored that the red-yang energy will inject 1 billion tons of big coal mine today impact trading

NetEase Finance August 5 News Today, media reports said, close to the coal group, said recently in Liaoning province, found more than 1 billion tons of large coalfield, may become the fourth time for the development of coal mining group, or will be injected into the listed company red-Yang Energy.  Today, the red-yang energy in a huge impact under the seal, trading 15-minute turnover has been close to the usual level, the turnover rate is also more than 6%. According to media reports, the newly discovered coalfield is located in Liaoning province Tieling Changtu County Ancient Elm area, is Liaoning province after 1960 years to find the largest coalfield, but also in the northeast region for nearly 20 years ...

The medium-term net profit of Ching Chung 123 million

The news of the Ching Chung Construction (600425.  SH) released today reported that the company achieved a net profit of 123 million yuan in the first half, an increase of 22.45%.  The announcement said that the company's first half to achieve operating income of 702 million yuan, an increase of 25.34% per share earnings for 0.334 yuan, an increase of 22.34%.  The company's net profit growth was mainly attributable to a faster growth in cement sales of the company's leading products during the reporting period, which grew 31% per cent year-on-year, the statement said. The Qing song construction Wednesday closed to 20.62 yuan, Rose 1.08%.

Fortune 500 ranking: Sinopec and three Chinese companies enter the top ten

Beijing time July 8, "Fortune" published the 2010 "Fortune" the world's top 500 companies ranked. Wal-Mart has won the world's first position, operating income of 408.214 billion U.S. dollars, China's number of enterprises again refreshed, a total of 54 companies on the list, more than 43 records last year.  Three Chinese companies have entered the top 10, including Sinopec, the state Grid and PetroChina, respectively, in 7th, 8th and 10th places. In the context of the global financial crisis, this list is a lot to watch. Wal-Mart has won the world's first throne, operating income of 4082 ...

If house prices fall 60% banks are required to consider this extreme scenario

Regulators are demanding that banks put the worst of the 50% to 60% per cent drop in the stress tests in cities where prices have gone up too early, according to foreign authorities.  The regulator's request has not been made public to the public. The China Banking Regulatory Commission has asked banks to do a new round of stress tests, including extreme cases of 60% per cent lower housing prices. Bloomberg reported the news. The regulator last month made the request, Bloomberg said, citing anonymous sources. Regulators have asked banks to drop prices in cities where prices have risen too early ...

Debate: Medium-income traps approaching China

Hu Angang thinks China will never "strayed into", "whether the trap is a curse" led experts to argue that some of the industries that should be competing due to the loss of vitality of administrative monopoly, and thus drag the entire national economy. When a country's GDP per capita reaches about 3000 dollars and enters the ranks of middle-income countries, the contradictions that accumulate in rapid development tend to erupt, which is prone to social problems and economic stagnation, thus falling into the middle income trap. The main performance and basic characteristics of the "middle income trap" countries are: economic growth fall or long-term stagnation, serious polarization of rich and poor, excessive city ...

Ren Zhiqiang says 65 million sets of vacant housing tax will push up the rent

The picture is Ren Zhiqiang, chairman of Beijing Huayuan Real Estate Co., Ltd. (Photo source: Sina Finance and Economics) China Economic Network Beijing August 5 (reporter Zhang Shaorei) Recently, about the "domestic more than 60 million sets of vacant rooms," the report was fired uproar, aroused widespread concern in the community, known as the real estate sector "Cannon", said Hua Yuan Group President Ren Zhiqiang finally joined the "battlefield." In his blog, Ren Zhiqiang said that after his "professional" calculation, the so-called 65 million vacant houses in the country are simply not reliable. At the same time, he said, the imposition of idle tax can not solve the vacancy rate problem, will only reduce ...

Dumas shares suspend injection of real estate assets

Real estate regulation of the heavy blow not only affected the housing enterprise refinancing, but also the plan into the real estate assets listed companies.  Dumas shares yesterday announced that, in view of the current real estate market under the influence of national macro-control, the board of directors decided to suspend the issue of shares to buy assets and associated trading scheme proposals. Previous plans show that the Dumas shares are intended to be 6.73 yuan/share to include its controlling shareholders, including its 5 specific objects issued no more than 650 million shares to acquire the estimated value of about 4.29 billion yuan in real estate assets. After the transaction is completed, the company will have the total planning area of 4 ...

North-East Securities in the first half of 80% stock price approaching fall

NetEase Financial July 8 News Northeast Securities announced results, the first half of the company is expected to achieve a net profit of 110 million yuan, a big drop of about 77%.  Today, the Northeast Securities opened 4.2%, the stock price all the way down, the deal abnormal amplification, approaching the fall.  Northeast Securities said that the first half of the securities market continued to fall, trading volume shrinking, commission rate decline, the company's securities brokerage business and securities proprietary business performance fell significantly year-on-year, and then the company's operating performance has been significantly lower year-on-year. June 2010, the Northeast Securities realized operating income of 2.81 million yuan, occurred ...

Environmental guidance for foreign investment will introduce ecological sabotage or be punished

Xiao Ming doesn't some of China's mercenary foreign investors may be under pressure to come to a precipice. On July 8, "China's foreign investment in Environmental protection policy Seminar", Yang Zhofei, director of the Ministry of Environmental Protection, said that the Ministry of Environmental Protection is currently communicating with the Ministry of Commerce and other departments, as soon as possible to introduce a Chinese foreign investment and assistance to strengthen environmental management guidance.  This guidance has been finalized and is currently being revised. "We hope to promulgate this opinion as soon as possible, which is conducive to establishing a good international image of China," he said.  "he said. It is understood that the current Department of Commerce in charge of ...

The policy room has been completed nearly 90% this year

In the first half of this year, residential land in Beijing reached 1537 hectares, 5 times times that of the same period last year. Beijing has already supplied 1123 hectares of policy premises in the first half of this year, close to 1250 hectares of 90% of the year's total plan. Beijing's Land and Resources Bureau said yesterday that the first half of this year's residential land supply reached 1537 hectares, about 5 times times the same period last year.  Policy housing has become the focus of the first half of the land, the supply of housing, policy room for more than 70%. The first half of the land supply increased 1 time times in accordance with this year's Land supply plan, today ...

Shenzhen Airport responds to "marginalized"

Recently, Shenzhen Airport (000089) on the "Pan-Pearl Alliance to set up Shenzhen airport is marginalized," the query gave a response, in the surrounding market competition, Shenzhen Airport has its own way of survival.  The differentiation strategy has been advocated by Shenzhen airport, and the successful launch of "deep flying" service has made a good footnote for the differentiation. In mid-July, Guangdong Airport Group joined hands with nearly 60 airports in the pan-Pearl River Delta region to set up the "largest domestic" regional Airport Alliance in Guangzhou, the Shenzhen airport is not in it, causing concern, the "Pan-Pearl Alliance" set up Shenzhen airport was marginalized question sound. ...

St Societe Generale restructuring hopeless shareholders abandon Chen Tieming win control right

Reorganization hope is about to burst, St Societe Generale concerted action people have to sell their stakes. St Societe Generale announced last night that it had with the actual controller Chen Tieming with a boat two shareholders yesterday will hold the shares of all listed companies, are transferred to the Chen Tieming couple's company.  At the same time, St Societe Generale will convene a provisional shareholder meeting on July 12 to consider withdrawing the reorganization of the assets of the motion. Chen Tieming won the control of the withdrawal of the two shareholders of the industrial St Societe Generale, is now the first major shareholder in Xiamen Continent Holding Group Co., Ltd. (hereinafter referred to as "continent holding") the actual control of Chen Tieming ...

Donghua Science and Technology signed 50 million contract with Yuan Hing Energy

August 2, Donghua Science and Technology (002140) and far-Hing Energy (000683) formally signed a 1 million tons/year methanol olefins project design contract, the contract signed and sealed by both parties after the entry into force.  Contract, Donghua Science and technology bear the methanol olefin equipment, liquefied hydrocarbon tanks, tank farms and other engineering facilities, as well as public works, ancillary equipment, such as the preliminary design and construction drawings design work; The contract is 50 million yuan; The Contract device construction site in Eerduosi, Inner Mongolia. According to the introduction, although the contract amount accounted only for the annual audit of Donghua Science and technology of the main business income of 2.82%, ...

Agricultural Bank in the gap between the fund insurance for the network under the main purchase

-Our correspondent Hu Ying Likingjing with the clock pointing to the July 6 three o'clock in the afternoon, the global attention of the Agricultural Bank issued a successful draw on the work of the period. July 8 ABC announced that the issue price for the interval limit of 2.68 yuan/share, the purchase of frozen funds of about 480.3 billion yuan.  Although the recent market environment is bad, but the ABC a-shares under the issue of the heat, the subscription multiples up to 11.28 times times. Earlier market rumors that the issue of agricultural Bank as a political task, the various functional departments for their escort and other statements are different, the CSRC for this issue did not follow the practice of ABC, in the large market shares online ...

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