A-share "the worst company" *st Hongsheng is how to refine into: Longchang trial direct hit

*st Hongsheng Original Chairman Longchang Court trial direct hit: A A-share of the worst company is how to make the June 3 9:30 A.M., one hand manufacturing 2008 A-share of the largest loss of listed companies *st Hongsheng (600817.SH) former chairman Longchang Court.  The case lasted more than a year, and now the game to the localized but also the suspense overlap. April 21, 2009, the first branch of Shanghai People's Procuratorate to Longchang and *st Hongsheng, *st Acer International Development (Shanghai) Co., Ltd. (hereinafter called Acer International) and Amman Electronics (Shanghai) Limited public ...

Joint defendants 20 *st triple "Has no tolerance" intended to sue the triple group

Every reporter Yu Wei from Beijing has been with the triple group debt relationship Tangled *st Triple (600898,sh), at the end of last month, its west stores due to the triple group arrears was eventually seized.  This aroused the *st of some small shareholder's strong dissatisfaction, intends to sue the triple group. The court added *st triple for the defendant yesterday, *st chief executive Shenhui told the Daily Economic news reporter, "In fact, the property itself and the triple group owed to the bank loan is not a relationship, we should not be accused." "It is understood that the case of the plaintiff Qilu bank ...

500 people Again v. Dr. Roentgen Chinese consumer American lawsuit or reconciliation

Every reporter Liu Dan from Beijing China victim litigation lawyer Jun Junbo said it is easier to prosecute abroad than in China, and the chances of winning a lawsuit are greater. It is easier and more flexible to identify the causal link between the victim's use of the product and its causes.  In addition, in the United States to win a higher amount of compensation. The United States Doctor LUN Problem nursing Liquid-"embellish Ming" water coagulation nursing fluid again to rise the storm, recently more than 500 consumers to the Doctor Lun company proposed the new lawsuit. "Embellish-ming" water coagulation care fluid causes the patient eye infection. June 3, "Daily economic news" reporter from the Chinese victims group action lawyer ...

Hot money bets economic recovery Hong Kong's banking system balance to flush HK $200 billion

Every journalist Ma? V from Shanghai hot money and the acceleration of capital inflows seems to be increasing.  In Friday, when the Hong Kong exchange reached another 7.7500 limit on the strong convertibility guarantee, the HKMA sold HK $3.488 billion in New York, and the balance of the banking system today is expected to increase to HK $197.961 billion. Analysts point out that this round of hot money return is neither a set-factor stimulus, nor the background of 2007-2008 years of unilateral appreciation of the renminbi, so bullish on the mainland and Hong Kong economic recovery is to attract hot money to enter the main reason. There are also experts predicting that hot money inflows or ...

The main reason for the low price of water in several cities

20th, the Shanghai Composite Index closed at 3266.92 points, rose 77.18 points, or 2.24%, the water sector as a whole ranked first in the industry, of which, Hongcheng water industry, Wuhan Holdings, South China Sea Development, the first shares of 4 trading, pioneering environmental protection, Qianjiang Water conservancy, etc. also ranked in the forefront.  Analysts said that the 20th water sector strengthened, with the Chinese water industry to increase the news has a direct relationship. Since the end of last year, almost all of China's cities have set off a wave of rising water prices. Especially in the last two months, including Shanghai, Tianjin, Shenyang, Guangzhou, Nanjing and many other large midtown ...

Auto home appliances with old for new hope to boost consumption more than billions

NDRC 3rd, the State Council 1st approved the "promote the expansion of domestic demand, encourage cars, home appliances" to replace the old "Implementation Plan", this year, the fiscal subsidy of 7 billion yuan to encourage cars, home appliances "old for new".  NDRC related officials said that this incentive policy implementation, can update the old car 1 million, home appliances 5 million units, directly to stimulate the market consumption 100 billion-120 billion yuan. According to the plan, in 2009, the old car scrapped updated subsidy fund of 1 billion yuan, the state to arrange 4 billion yuan, to meet certain life requirements of the medium and light 、...

6000 yuan for new car replacement

Purchase tax halved vehicles no longer enjoy new subsidies old auto scrap renewal subsidy rules were unveiled yesterday. Among them, the new medium, light, micro-laden trucks and some of the medium-sized passenger cars can be scrapped in advance of 3000-6000 yuan subsidy.  However, the "replacement of the old" and the existing 1.6 litres and the following passenger cars in half levy a vehicle purchase tax cannot be enjoyed repeatedly. It is predicted that 2009 years of Auto scrap will reach 2.7 million vehicles. Earlier, the state announced that the old car scrap update subsidy from 1 billion yuan to 5 billion yuan, and expand the scope of subsidies. Yesterday's rules show that to meet a certain length of service to ...

Standard Chartered HSBC launches renminbi debt in mainland China

The work of Shanghai International Financial Center construction is advancing in an intensive way.  Standard Chartered China and HSBC China have now started work on issuing renminbi bonds in the mainland, the newspaper reporter learned yesterday. Zeng, China's chief executive officer and executive vice president of the board, said yesterday that with the approval of the regulator, the total amount of renminbi bonds to be issued by Standard Chartered China is 3.5 billion yuan, which is limited to the same day as the mainland interbank bond market, said Sting, HSBC's managing director and global capital markets director. HSBC China is also actively preparing and wants to help build a generation with ...

Home appliance old to recycling enterprises to the certificate

Subsidies for the transportation costs of recycling enterprises yesterday, the Chinese government network announced the State Council on home appliances "to replace the old" 9 provinces and cities of the implementation of the pilot program, subsidy objects and operating procedures are published.  The subsidy target is divided into two categories, one is to subsidize the old household appliances in the scope of sold subsidy and the consumers who buy new appliances, and the other is to subsidize the transportation cost of the old appliances in the scope of the recovery subsidy and to the dismantling treatment enterprises. According to the implementation of the plan, the television, refrigerators, washing machines, air-conditioning, computer 5 kinds of household electrical appliances products subsidies, the new purchase subsidy does not exceed the home appliance sales price of 10%, and ...

PICC life insurance may pay 9.6 million yuan for Air France

Yu Yan CBN yesterday learned from the Chinese People's Life Insurance Company Limited (hereinafter "PICC Life") that one of the 9 Chinese citizens missing from the Air France AF447 crash was an insurance client for the company. The person last year bought the insurance products of PICC life insurance, the insured amount is 240,000 yuan. According to the terms of the insurance product, if the customer has an aviation accident, will be able to obtain the maximum 40 times times insurance amount of compensation.  According to this provision, if the customer confirmed the unfortunate death, will receive 9.6 million yuan insurance compensation--China's insurance industry in the history of the largest single personal insurance payment. CBN ...

Waterloo Point of view: China Life after the callback can pay attention to its subscription card

June 3, 2009, Hong Kong stocks in the digest of the Tuesday profit after the rise again, the Hang Seng index opened 228 points, then the shock higher, once rose nearly 600 points. When the index rose to a 18,967-point high in the afternoon, the profit-making disk suddenly surged and narrowed by more than 2%.  As of closing, HSI reported 18576.47 points, an increase of 1.02%. In the U.S., the Dow Jones index fell 0.8%, ending a four-day rally after a 3.5% per cent drop in the service and factory orders and a drag on international oil prices. ADR followed the fall, but not much, ...

China competes for international oil price Pricing right

June 2, Shang Fulin, chairman of China Securities Regulatory Commission and Shanghai Deputy Mayor Tu Guangshao vice-chairman in the Shanghai Derivatives Market Forum public speech, sparking the industry's "Oil futures domestic listing" reverie.  Shang said that the SFC will continue to support the needs of the national economy, market conditions with futures products listed, do fine, do thin already listed futures products. Tu Guangshao Vice-Chairman further said that, according to the State Council on promoting Shanghai to accelerate the development of modern services and advanced manufacturing industry to build an international financial center and International Shipping Center of the spirit of the Shanghai International Financial Center as an important part of the construction, in the futures ...

May power generation fell slightly narrow southeast coast electricity still show weakness

Gao Yongyu According to the National Grid Company's Unification Center (hereinafter referred to as "the National Adjustment Center") statistics, May output was down 3.5% year-on-year, compared with April decline of 3.55%, a slight narrowing. However, according to an expert in the country's central adjustment Center, because of the Dragon Boat Festival holiday factor, the working day in late May this year is less than the same period last year.  As a result, the 3.5% figure is more optimistic. "The decrease in electricity consumption was mainly concentrated in heavy industry, and now with the country's investment in infrastructure and so on, heavy industry power consumption will increase." "National Information Center economic Pre ...

Chinese president of China Environmental Protection Association

China Environmental Protection Federation of the second member of the General Assembly site Xinhua Yang Yi Xinhua May 22 (Yang Yi) China Environmental Protection Federation, the second member of the General Assembly 22nd in Beijing opened.  The meeting elected the Bureau of the Second Council of the Federation, elected the chairman of Jian, Shengxian, Xie and other 24 comrades as Vice-Chairmen, in addition to the election of 443 directors and 171 executive directors. Zhang Rongming, vice chairman of the CPPCC, pointed out that the China Environmental Protection Federation, as an important social force to promote the development of environmental protection in China, was founded for five years in the development of member organizations.

Jiangsu suspend home loan to fight property

According to the voice of China's "news" 7:15 report, in order to fully implement the second suite of New Deal, Yangzhou banks not only strict implementation of the provisions of down payment 50%, but also completely suspend the off-site mortgage.  Subsequently, Nanjing, Wuxi, Suzhou and other places in the bank also to the hukou in the field, while working in the field of home buyers loans to light up the red light. Jiangsu Bank Yangzhou Branch in recent days received the head office on the implementation of the two suites of the relevant documents, the demand for a comprehensive stop off-site customers home loans. As the last one to stop the foreign loans of financial enterprises, since the Jiangsu Bank Yangzhou Branch began to implement the real estate policy, Yangzhou ...

SNS website first "household" mobile phone terminal, happy net and Sony Ericsson who dip who's light?

One side is in the loss of adherence to the entertainment marketing concept, specializing in the young market of mobile phone maker Sony Ericsson. One side is in the SN s domain striking, in the domestic rapid rise of internet upstart.  June 2, Sony Ericsson released 4 based on the W CD M a standard 3G new machine, and embedded in these entertainment mobile phone related client programs, become the first domestic SN s website settled mobile phone terminal. At present, net users have reached 30 million, Sony Ericsson is the global share of the top five handset manufacturers. In the Mobile phone field, the combination of the Internet is the first Nokia proposed ...

PICC Life Insurance or compensation for 9.6 million yuan of airline casualties

Chinese life Insurance said 3rd that one of the nine Chinese citizens on the June 1 Air France A330 airliner missing over the Atlantic Ocean was a client.  According to the provisions of the terms, the victims or will receive 9.6 million yuan in insurance payments, which will be the Chinese insurance history of the largest compensation for personal insurance. According to reports, the accident in the disappearance of the Chinese insured life insurance customers, in 2008 purchased the company Chang enjoy life annuity insurance products, insurance amount of 240,000 yuan. According to the terms and conditions, if the customer has an aviation accident, will be able to obtain 40 times times the insurance amount of compensation. At present the company all ...

The general seismic intensity is not exaggerated in imagination

After Chrysler filed for bankruptcy a few weeks ago, the US general also filed for bankruptcy protection on June 1, making the original financial crisis a lot more onerous.  Many people worry about how much the impact of GM's bankruptcy will be. Although some people predict the worst, Goldman's Gaohua analysis may be reassuring. It argues that U.S. auto production fell by only about 3% after GM and Chrysler collapsed. By contrast, unemployment is even more severe, with 400,000 more unemployed in the next 1.5.  But the addition of the two will only make G DP a small decline of about 0.2%, the impact is very limited. U.S. car output loss is about ...

Car old exchange for the new maximum of 6000 yuan can not enjoy the purchase tax concessions

Recently, the State Council approved the "encourage cars, home appliances" to replace the old "Implementation Plan" (hereinafter referred to as the scheme).  The scheme shows that a car with a certain lifespan will receive a maximum subsidy of $6000. 7 billion subsidy "with the old for the new" May 19, the State Council executive Meeting Research deployment to encourage automotive home appliances "to replace the old" policy.  The programme, for the first time, has clarified the process of this policy, the scope of subsidies, and standards. The National Development and Reform Commission said that the basic idea of the plan is to take financial subsidies, to encourage "to replace the old", expand consumer demand, promote the festival ...

20% Chery Fundraising 2.9 billion for 5 institutions

Our correspondent (reporter Zhu Zhengzi) yesterday from Chery Automobile Co., Ltd. was informed that this March, Chery official and Huarong Asset Management Co., Ltd., Bohai Industrial Investment Fund Management Co., Ltd., Shenzhen, China Investment Venture Management Co., Ltd., Rong de Asset Management Limited and Ding Hui Equity Investment Management (Tianjin) Ltd. 5 Investment institutions signed the agreement on equity transfer.  According to the agreement, 5 investment institutions will contribute 2.9 billion yuan to buy 20% of Chery's shares. Chery Auto General Manager Assistant, spokesman Jin Yibo yesterday afternoon to accept this reporter interview table ...

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