Wealth growth in wealthy mainland leads Asia-Pacific region, survey shows

Shanghai, December 8 (Xinhua) 70% of mainland Chinese respondents said their net assets had increased rapidly over the past six months, according to a survey of wealthy people in Asia and the Pacific, the largest share of all countries and regions in the region. The HSBC Asia Pacific Affluent survey was commissioned by HSBC in eight Asia-Pacific countries and regions, including Australia, India, Indonesia, Japan, Malaysia, Singapore, mainland China and Taiwan. The survey is conducted every six months. This year's first survey was conducted at the end of April and early May, with the second survey in 9.

China's first reduction of 4.4 billion US Treasuries

Xinhua News agency China's continued move to increase its holdings of U.S. Treasuries has finally stopped. China held $763.5 billion trillion in U.S. Treasuries by the end of April, reducing its holdings by 4.4 billion US dollars in late March, its first reduction since February 2008, according to data released June 15 by the U.S. Treasury Department.  But China remains the largest holder of US Treasuries.  Reducing the embodiment of cautious psychological analysts believe that the reduction itself reflects the devaluation of the dollar in the context of the Government or institutions to hold a large amount of U.S. Treasury debt cautious mentality. Becoming the biggest creditor of US Treasuries during the recession means it may take some extra ...

February HSBC PMI drops to 51.7 record 7-month low

HSBC's China manufacturing Purchasing managers Index (PMI) fell from 54.5 to 51.7 at a 7-month low in February, Yangshui HSBC reported yesterday.  HSBC said China's manufacturing boom has continued to improve, but growth has slowed markedly, and slowing growth is helping to curb inflation. HSBC said in its report that output only edged up in February, slowing new business growth and the first drop in new export orders since last August.  At the same time, manufacturers continue to transfer cost pressures to customers by increasing the price of their products. Survey shows that ...

Cloud citizens buy private coal mines: China Electric Power Department coal assets scale before 10

Investor newspaper (reporter Rai Zhihui) The coal electricity deadlock is still not broken.  The Huadian group, which does not get cheap coal, began to fend for itself and buy mines frequently. July 7, Huadian Group's Huadian International (600027.SH) Bulletin said that its wholly-owned subsidiary Shan Si Mouhua Energy Investment Co., Ltd., respectively, 398 million yuan and 363 million yuan to buy Shanxi Shuozhou million source two coal mining industry 70% stake and Shanxi East Easy to honest coal industry 70% equity. Just a week ago, Huadian Power, another listed company, was 600726. SH) funded 479 million yuan, purchased Heihe mine ...

Ruian Real Estate fell 2.16% to chairman of the huge increase in reaction insipid

Ruian Real Estate (00272-HK) is now down 2.16%, at HK $4.99, with a deal of HK $48.1484 million, but at the moment, the index is down 3.08%. According to the Hong Kong Stock Exchange, the chairman of the Swiss House, Lo, on June 10, added 418.5 million shares of Swiss shares to HK $4.87 per share, with a capital investment of HK $2.038 billion and a shareholding increase from 59.98% to 69.98%.

China Resources Power drops 3% no indication of recovery

Recently announced plans to spend 8 billion yuan in Jiangsu province to expand installed capacity of new coal-fired power plants (a significant increase of about 15%) of China Resources Power, shares in the early part of this morning, fell 3.39% to 15.94 Hong Kong dollars, deal 530,000 shares, not by its output in June to increase the data boosted. The company reported a June increase of 2.9% to 5.61 million megawatts of electricity output over a year earlier, while its May output fell 8.3% per cent year-on-year, and June output grew by nearly 5%. Comprehensive half-year data, China Resources Power said the first half of the output capacity of 31.46 million MW, with ...

Giant Teng international rises 2.74% Nomura to maintain buy 5.2 HK $

Giant Teng International (03336-HK) is now up 2.74%, reported 4.12 Hong Kong dollars, a deal of HK $3.604 million, the stock is now winning the big city, the index fell 1.41%, reported 17909.81 points.  Nomura, which maintains its buying rating, also raised its target price from HK $3.00 to HK $5.20, after raising its earnings forecast for fiscal 09-10 by 9.7%, 3.8%, to reflect better profitability forecasts (backed by product mix adjustment and efficiency gains). The bank also believes the valuation of the unit is low, taking into account the growth momentum, industry status and capital return factors ...

The counterattack of Hurd Hewlett-Packard

Shrinking markets and dwindling profits have left the IT giants struggling to reach around in an increasingly crowded environment, scrambling for each other's turf, blurring the boundaries between them.  Article | The reporter Wang The source | The July issue of the Journal of Excellence If, for the past three years, HP CEO Hurd wielding a big stick to demonstrate his ability to execute and cost control, he is now at a critical juncture to prove his vision and guts. Although the global economic crisis has not passed, but the IT giants have tightened their belts in hand ...

South car era electric rise 2%UOB material benefits fundamentals and replenishment

South car Times Electric this morning against the city, the stock price is up 1.92% to 10.6 Hong Kong dollars, deal 148,000 shares.  The UOB report said it maintained the stock-buying rating, with a target price of HK $10 to HK $12.5, an extension of the valuation to fiscal year 2010, and a new target price equivalent to 20 times times the expected P/E ratio of 2010, a price premium of 18%. UOB that because of the stability of the electric growth potential in the southern era and the strong research and development capability, the unit was given the best rating in the class stocks. said that due to the gradual increase in domestic railway equipment products localized strength, this ...

Million good million home: share price eight days double two shareholder accurate bottom profit 29 million

Investor newspaper (intern reporter Lizhen) since two quarters, the reorganization of the subject stock speculation intensified, which million good million (000576.SZ) of the 6-word trading is particularly eye-catching.  The shares have doubled in just 8 trading days since the June 19 recovery. The surge in the round from million good million home reorganization announcement. The announcement shows that the company will be restructured with the Tianbao mining industry and become a mining company by the hotel chain. In the process, Chenglizhong and Hu Jiandong become the most beneficial individual shareholder, rough estimate, two people total earn 28.75 million yuan. Coincidentally, two people are also ...

China Mobile shares long-distance telecom successful shareholder first

Taiwan is far from yesterday, shareholders will move (00941) shares in order to remove the first obstacle to the transaction, but because of the lack of relevant policy co-ordination, the time to move a stake in the market is still unknown. A spokesman for the Hong Kong Economic Daily reported that a spokeswoman for the company said it was delighted to see the shareholders passing the shares and was waiting for the policy to come together and the timetable was not known for the time being.  Tele-Transmission Telecom held a shareholder meeting yesterday, a total of 12% through mobile shares in the conference. Hsu, chairman of Tele-communication, said that although the Taiwan government has not yet approved Lu Zi's investment approach, financial transactions between the two sides must ...

China's floating population reaches 221 million

This report (reporter Li Qiumeng) Li Bin, director of the National Population and Family Planning Commission, said yesterday that the floating population had reached 221 million last year, and the migration of the floating population and the long-term residence trend were obvious. "Dynamic monitoring shows that among the working-age population, the new generation of migrants born after 1980 accounted for 42.8% and gradually became the main body." "Li bin revealed that last year, the floating population of 221 million people, accounting for the world's total population of more than One-fourth, adult mobile women of childbearing age total of nearly 80 million people." Bin Li pointed out that China's population mobility and distribution trend of new changes, floating population ...

Hong Kong unemployment rate ends 5.3%

The Hong Kong Census and Statistics Department announced that the unemployment rate of 5.3% in 3 to May was unchanged for the first time after a 8-month continuous increase, reflecting the steady return of the labour market. The latest unemployment rate, released by the Hong Kong Census and Statistics Department yesterday, was unchanged at 5.3%, the first recorded increase in 8 months and a further 12,800 in total employment, for the first time in 5 months, according to Wen Wei Po. The Secretary for Labour and Welfare, Mr Matthew Cheung Kin-chung, said that the figures were encouraging and reflected a clear initial result of a series of measures, such as speeding up infrastructural projects and launching the "Building renewal operation".

Bird's Nest first half income 300 million commissioners recommend a dedicated institutional management heritage

(reporter Fouchachal) the bird's Nest, Water Cube renovation is expected to start the year, yesterday, reporters from the Beijing Political Consultative Conference "Olympic heritage" proposal for the symposium learned that the Beijing Olympic Committee dissolved soon, the National Audit Commission is to carry out its final audit work. The organizing committee staff triage basic solution as of the end of January this year, 52 members of the municipal CPPCC have proposed 20 Olympic heritage related proposals.  Members said that Beijing needs to set up a government-led Olympic heritage management agencies, leading the culture, tourism and other departments to jointly coordinate the development and utilization of venues. Members are also concerned about the development of the Olympic Museum, ...

Former female richest man Zhang Yin: This year the two sessions will focus on anti-trafficking

Said this year will focus on anti-trafficking and focus on the elderly issues summary: The former Hurun women's richest man, CPPCC member, nine Dragons paper chairman Zhang Yin said this year will focus on the issue of child trafficking, and suggested that both buyers and sellers are fined.  South China News Mission Beijing reporter Sung Intern Zhu Ze former Hurun woman richest man, CPPCC member, nine Dragons paper chairman Zhang Yin said this year will focus on the issue of child trafficking, and suggested that both buyers and sellers are fined. Compared with the previous, Zhang Yin now seems very low-key, yesterday in the Baiyun Airport lounge, she almost ...

Lenovo slightly fell back to a-share old tune but no progress

In the fiscal year, the outlook is also not optimistic about the prospects of the group was slightly higher this morning after the soft, the share price has fallen 0.68% to HK $2.9, 2.77 million shares; Lenovo is hoping to return to the A-share market but still has no timetable for listing in China's a-share market, according to the company's chairman, Liu.

Home appliances to the countryside sales exceed 15 billion varieties price may adjust

Ministry of Commerce spokesman Yao Jian, 16th, the Ministry of Commerce's regular press conference said that as of the end of May, home appliances to the countryside products have been sold 9.87 million units, sales amounted to 15.3 billion yuan. Yao said that May, home appliances to the countryside product sales reached 2.23 million units, sales of 4 billion yuan, 42% increase than April.  In addition, June 1, the State Council approved the relevant departments on home appliances products "to replace the old" Implementation of the program will be television, refrigerators, washing machines, air-conditioning, computers and other 5 types of household electrical appliances products "old for new" subsidies. He said that at present, Beijing-Tianjin-Shanghai Su Zhe ...

Zhu min: China's economy has shown a marked V-shaped rebound trend

Xinhua Guilin, December 8 (Xinhua Yiu Junfang, Wang) deputy governor of the People's Bank of China 8th, said in Guilin, Guangxi, China's economy has begun to stabilise, showing a very clear V-shaped rebound posture.  Zhu was speaking at the 11th plenary session of the Eurasian Anti-money laundering and counter-terrorism financing organization. He pointed out that in order to deal with the financial crisis, the Chinese government has adopted a positive fiscal policy and moderately loose monetary policy, and achieved good results. From the current situation, China's economic growth this year can be achieved and more than 8%, the Chinese economy has begun to stabilise, V-shaped rebound Ming ...

Xinhua International Commentary: To create a win-win cooperation in the BRICS

Xinhua Russia Jekaterinburg June 16 Electricity (Xinhua international commentary) To create a mutually-win cooperation between the "BRICS" China, Brazil, Russia and India, the BRICS leaders held their first formal meeting here on 16th to exchange views on major issues of common concern and to discuss and strengthen cooperation and development plans for the four countries.  Under the current situation, deepening pragmatic cooperation and seeking mutual benefit and win-benefits will benefit the development of the BRIC countries, safeguard the overall interests of the developing countries and will have a positive impact on the development and prosperity of the world. In the era of world multi-polarization and economic globalization, strengthen the ...

Guotai: Commercial real estate or pilot property tax

Guotai Event: May 25 announced the "State Council forwards the Reform and Development Commission in 09 to deepen the work of economic restructuring notice," said the deepening of real estate tax reform, study the introduction of property tax (Ministry of Finance, the general administration of taxation, the Development and Reform Commission, the Ministry of Housing and Urban construction). Comment on: Property tax belongs to industry bad event. It is a tax levied on commercial housing and is levied annually.  If the levy, will crack down on housing investment demand and even improve sexual demand, curb house price rise. However, we do not expect a property tax to be levied soon, especially the introduction of residential property tax. In addition to the need for legislation ...

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