Survey shows Chinese consumers have confidence in medium-and long-term economic development

Xinhua Beijing, June 3 (Xinhua Fang Ning) A report released 3rd by the Boston Consulting Company (BCG) shows that global consumers are increasingly worried about the continued deterioration of the economy, but Chinese consumers are still more optimistic and have confidence in the long-term development of the country's economy.  The report, entitled "Winning consumers during a recession: 2009 BCG Global Consumer confidence survey," was based on BCG's survey of 21,800 consumers in 13 countries around the world. The survey shows that 75% of Chinese consumers are planning to maintain or increase consumption over the next year, which is almost a European ...

Taiwan's high-speed railway loses 22 executives ' salaries to be questioned

Xinhua Beijing, June 3, according to Taiwan's "Lianhe Evening News" reported that Taiwan's high-speed railway losses, but the company 22 senior executives, last year's salary as high as 93.15 million yuan (NT, the same below). Among them, three were paid as high as 10 million to 15 million yuan, 7 5 million to 10 million yuan and 12 to 2 million.  Minority shareholders have questioned the high speed of high-speed rail executives.  Chairman Sinchi a year fee of 9.1 million yuan, independent director Lin Zhenguo, Chen annual pay also as high as 2.52 million yuan and 2.16 million yuan. A small shareholder at the shareholder meeting Sinchi ...

Insurance Company: First half of the year estimated profit growth of 98%

This year, the face of a severe and complex international and domestic environment, the industry firmly grasp the initiative of the insurance work.  Overall, the first half of the insurance industry to achieve a better risk-prevention, structural adjustment, stable growth goals, the situation is better than expected at the beginning of the year. The overall market operation is stable. The first half of the year, the national income insurance premiums 598.61 billion yuan, an increase of 6.6%. Compensation and payment of 160.81 billion yuan, an increase of 4.2%.  As at the end of June, the total assets of the insurer were 3.7 trillion yuan, which grew by 10.9%. Property insurance business has risen steadily. First half, property insurance business to achieve ...

Experts say China's increased holdings of U.S. Treasuries are no surprise that they will continue to buy

"International Herald Leader" reporter Zhang Haowen from Beijing "passive and helpless", "realistic and helpless", for China to increase holdings of U.S. Treasury bonds, many experts have expressed such views.  July 16, the U.S. Treasury released the international Capital Flow report, as at the end of May, China held US Treasuries for 801.5 billion U.S. dollars, compared with the end of April data of 763.5 billion U.S. dollars, an increase of 38 billion U.S. dollars, is the largest one-month increase since last November. China's attitude toward US Treasuries appears to be a bit of a surprise, after reducing its $4.4 billion trillion in April to a hefty increase in holdings. ...

Dilemma of economic dilemma

From May 13, 2010 to 14th, Premier Wen Jiabao went to Tianjin to investigate the current state of the economy, stressing that: "The current national economy continues to rise to a good, but the situation is still extremely complex, macro-control facing a lot of dilemma, we must calm observation, calm response, in-depth study of new situations, new problems , fully implement the policies and measures that have been put in place, adhere to the active fiscal policy and moderately loose monetary policy, grasp the direction, intensity and rhythm of macro-control, and maintain steady and rapid economic development. "What is the dilemma that Premier Wen put forward ...

The market for military products is promising (fig)

Company's products to military-oriented, and the need for national defense to determine the stability of the military market growth. The company is expected to get higher valuations if it encounters specific events that lead to increased certainty in the development of civilian markets. Considering the future growth prospects and risks of the company and the safety margin of the company's share price, we maintain the "overweight" rating of the company.  The target price is 13.44 yuan. The particularity and importance of the national defense construction make the defense expenditure not fluctuate greatly because of the economic fluctuation. China's current national defense construction has decided that the future national defense construction investment will still maintain a high growth. We expect aerospace ...

CICC looks at the second half of the property market

The CBRC listed real estate as a new risk point at the fourth annual China Financial Market Analysis meeting yesterday, Chu Jin, managing director of the China International Finance Corporation (CICC), said the country could not allow house prices to continue to rise, not optimistic about the second half of the real estate industry. In China's securities industry, China's International Finance Corporation is the industry leader, has been closely monitoring the real estate market. Chu Jin listed 4 of the second half of the industry is not optimistic, real estate ranked second. He argues that house prices are unlikely to sustain recent gains. At present, buyers are basically out of improvement and investment needs, the basic needs have been ...

Strong price competitive Advantage (figure)

Great Wall Securities company is mainly engaged in lithium battery cathode materials research and development, production and sales, products in the international quality requirements at the same time with a strong price competitive advantage.  We expect the company to achieve a net profit of $75.28 million and $130.54 million respectively this year and next, respectively, 0.94 and 1.63 yuan per share, with a "strongly recommended" investment rating. Capacity + Sales: The company's existing capacity of 360 tons/month, is expected to August this year, the capacity will be expanded to 580 tons/month. Company IPO funds ready to build a new project in Jiangsu Haimen, capacity set 3900 tons/...

St Xiamen's performance dropped 40% last year said the negative factors are decreasing

St Xiamen (600870) released its 2010 Annual report today. 2010, the company realized operating income of 4.29 billion yuan, an increase of 3.23%, flat-screen TV sales accounted for 92.85% of total income, achieve net profit of 64.4326 million yuan, down 39.85%. However, the company also said that the operation of the targeted additional plans, if successful implementation, will raise capital of 1.1 billion yuan, net assets are expected to turn positive, and restore normal financing function, to get rid of relying on the two major shareholders to finance the status quo. And with the internal management in place, orders continue to increase, the company will usher in a burst of ...

The time for levying water resources tax is ripe to implement a stepped tax system

Water resources will be fully levied resources tax water resources tax reform or will adopt sewage treatment fee, water resources tax parallel scheme "water is the source of life"!  When the water resources are exhausted, you can not help but think of this sentence. For the protection of water resources, whether officials, academics or ordinary people, are suggestions.  When the resource tax reform plan is introduced, it has become the consensus of the industry to put water into the resource tax collection scope.  Many experts suggest that water resources should be fully integrated into the scope of resource tax collection, and gradually levy resources tax on all kinds of water resources, and promote the conservation, protection and rational utilization of water resources through price lever. ...

Yao Jingyuan: There is no evidence that a lot of hot money hype agricultural products

BCC network Beijing May 22 News (reporter Tisuping) according to the Voice of China, "national news broadcast" 18:42 reported that in recent times, all over the garlic, mung bean value increased.  There are rumors that a large number of hot money in the agricultural market, now grains overnight has changed the investment goods, however, the National Bureau of Statistics, the chief economist Yao Jingyuan that the price of cereals is mainly affected by the weather, there is no evidence that the large amount of floating capital into the agricultural products market. Before two or three yuan of green beans, now in the farmers ' market has risen to 10 dollars a catty. Even the most common garlic can only be bought now. Recently ...

HSI is up 1.94% to break the nine mark

The index rose 1.94%, reported 19169.87 points, successfully breached the nine mark, also broke through the June 12 high (19161.97 points), up to 19211.1 points, a transaction of HK $18.716 billion. Dafo said investors ' hopes for an economic recovery continue to attract money into the stock market, but speculation that the world's central banks could end loose monetary policy in the short term may bring some turbulence to the big city. But the rapid rebound in short-term interest rates may be modest, Dafo said, as governments withdraw their stimulus measures prematurely and the economic recovery will not follow. In fact, if you want to stabilize ...

China-funded insurance stocks rise sharply

In the first half of the year, the Chinese insurance shares with stable income have been remarkably well synchronized, and China Life (601628-CN;02628-HK) and Ping An (601318-CN;02318-HK) A shares are up 5.5% and 2.2%,h shares rose 3.1% and 4.2% , all up to nearly 14 months of stage high. Or after the recent rise in China's stock market, the situation still a good boost, because earlier news that the entire insurance industry in January-May this year's annual investment yield exceeded 6% far beyond the market expectations, the further rise in the stock market will be synchronized to promote insurance ...

Yili Energy net profit increased 252% to 10 faction 3 yuan

Yili Energy (600277) March 4 Evening announced the annual report, 2010 company to achieve business income of 7.943 billion yuan, increased by 41.14% per cent, the net profit of the listed company shareholders is 328 million yuan, increased by 252.73%, the basic earnings for each share of 0.36 yuan, increased by 260%. The company intends to allocate a cash dividend of 3 yuan per 10 shares (including tax).

The Ministry of Commerce is brewing a number of stimulus spending policies

The Ministry of Commerce is brewing a number of policy measures to promote consumption, the Ministry of Commerce spokesman Yao Jian said yesterday.  In January-May, the total retail sales of consumer goods in China grew by 15%, excluding the real increase of price factor 16.4%. According to Bcc, Yao Jian in the interview with the Voice of China, said that this fully reflects the expansion of China's consumer policy measures embodied in the effect.  On the one hand, the retail network to further improve; On the other hand, with the adjustment of national income distribution policy, the increase of residents ' income and the further improvement of social security system, consumer confidence is further increased. No, No.

World Bank to pour cold water on global economy

Lishiang Morninghill The World Bank published its report on global development finance 2009 yesterday.  The report argues that the world economy will have negative growth of 2.9% this year, affected by the global financial crisis. The World Bank report said developing countries faced more difficulties this year, with a growth rate of only 1.2% per cent this year, against the backdrop of a 8.1% increase in 2007 and a 5.9% increase last year.  If China and India are not included, the economy of developing countries will fall by 1.6% this year, and unemployment and poverty will increase further. The report says the world economy is expected to recover gradually next year ...

Japan's stock market closed 9549.61 points down 2.8%

Japan's stock market declined slightly after the opening afternoon, with the Nikkei average closing at 9549.61 points, or 276.66 or 2.82%.

Da Chong Technology recovery card rose 18.34%

Boosted by higher privatisation prices by major shareholders, 00722-HK today rallied 18.34% to HK $2.0 for a deal of HK $5.8059 million.  The company announced that some 59.5% per cent of its major shareholders had raised the privatisation price by 20% to 2.2 Hong Kong dollars a share of HK $1.83 and said no further increases would be made. The new privatisation price was 1.69 yuan before the close of the trading licence and May 21, with a premium of about 30%.

Who concocted 900% of the false high price of medicine

Recently, Hunan Xiang Ya Second hospital was a high price sales of cancer-assisted asparagus tablets, ex-factory price of 15.5 yuan of drugs sold to consumers in the hands of 130 times times. A hospital in Guangzhou sales of azithromycin profit also as high as 900%. These issues have raised the issue of high drug prices and the problem of the public to see a doctor again in front of everyone, causing widespread concern. So which people's pockets are the spreads of these drugs?  The reporter conducted a series of surveys on this. Wen/Eu Jianwei prescription Doctor: Return now can take up to half of the patients to the hospital, the first face is the doctor. Doctors who have a prescription right often ...

ZTE climbs 5% Citigroup to call in to buy and list as preferred

Earlier, the Hong Kong-Import and Export bank was awarded the billion-dollar amount of ZTE, H shares were significantly improved this morning, and the share price rose 4.73% to HK $27.65, trading 1.838 million shares.  Citigroup issued a report saying that the unit's rating from sales to buy, and the target price from HK $18.46 to 33 Hong Kong dollars, equivalent to 23 times times the 2009 fiscal year and 18.6 times times the expected earnings ratio of 2010, compared to the market premium of 19%. Citi expects to increase its earnings forecasts for the 2009-2010 fiscal Year by 9% to 12% respectively, with earnings expected to grow by 30% and 24% respectively ...

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