28 million shares of 377 million yuan raised by the wide-land survey and private offering

NetEase Finance March 8, a wide range of 8th to announce the announcement of the evening, the proposed private 28 million shares, the issue price is not less than 13.46 yuan/share.  The total amount of funds raised does not exceed 377 million yuan. The survey said that the non-public offering of stock will be used for high-end digital measuring instrument industrialization project and special CNC machine tools and automation equipment industrialization project. One high-end digital measuring instrument industrialization project is expected to add an annual operating income of 537 million yuan. According to the gross profit margin 25-35% and the estimated output of the project, the total annual profit is estimated to be 94.47 million yuan. ...

Migrant workers ' participation in social security may delay the introduction of old-age insurance transfer

The original plan for the introduction of the "migrant workers to participate in basic endowment insurance measures" and "Urban enterprise workers Basic Endowment Insurance Relationship Transfer" interim measures may be postponed, because the peasant workers endowment insurance system may be rubbed into the urban workers Endowment Insurance transfer method, the joint introduction. 16th, reporters from close to the Ministry of people familiar with the situation learned that the two approaches to the ultimate point of view has not yet been clear.  The reason is whether a separate pension insurance system for migrant workers, whether to set up a unification to break the urban and rural division of the Social security system and other issues, there is still controversy. ...

Xiaoxiang: Sichuan will no longer set GDP targets for the counties

BEIJING, March 8 (daily report Group), 16:30 today, Sichuan province vice governor Xiaoxiang on the "Big open Sichuan," the reporter asked, although Sichuan no longer to the city of the specific GDP assessment indicators, but through the assessment of employment, the quality of economic growth assessment, the assessment of environmental protection,  Will still enable Sichuan to achieve better and faster development. Beijing News reporter asked a question: the provincial government of Sichuan province recently to the municipal governments of a document, is about the GDP assessment, which said no longer to the state of the specific GDP assessment indicators. I would like to ask, Sichuan province as an economic ...

Uncertainty about inflationary pressures remains

Information Times December 21 News of Deutsche Bank Greater China chief economist Ma recently said that the possibility of higher interest rate increases in the two quarter next year, and as China's foreign exchange reserves have risen sharply, the government may raise deposit reserve rate in the next few months. Ma said the market had different views on inflation expectations as the CPI was first regularized in November. In some ways, the evolution of inflationary pressures will lead to differences in macro policies. Ma that next year there is still greater uncertainty about inflationary pressures, the most conservative estimate of inflation will reach 1.5%, if food, property, oil prices continue to rise, will promote inflation ...

China's industry wage gap ratio reached 11:1 monopoly factor accounted for 1/3

BCC Beijing July 14 News "China's industry income gap between the highest and the lowest ratio in the year, the data released in the first quarter of this year showed that the highest securities industry is the national average of 5.9 times times, the industry's highest and lowest proportion of income widened to 11:1." "And about 1/3 of this gap is caused by monopolistic factors."  "The proportion of our national income used to employ workers has fallen sharply." The proportion of labor compensation to GDP fell by 11.66% in 10, which seriously affected the total employment. "The above group of data is the CPPCC member Song in the CPPCC" plus ...

Food safety law to be implemented today

Comprehensive Xinhua News agency to establish food recall system, unified food national safety standards, the elimination of food "exemption system" ...  Since June 1, the Food Safety law, which has been widely concerned by the community, has been formally implemented, and our country will formally activate the food and beverage service license to replace the sanitary permit for decades. At the end of February this year, the formal introduction of food safety law established China's Food Safety Section of the regulatory system, health, agriculture, quality inspection, industrial and commercial and Food and drug regulatory departments, respectively responsible for food production, food circulation links and catering service link supervision. According to this law, since June 1 ...

Two ministries stabilize credit quality and prevent financial executives from paying high salaries

Following the promulgation of the Fixed Assets loan management method to restrain the illegal credit behavior, the Ministry of Finance and the CBRC recently issued relevant opinions, requiring the banking financial institutions to strengthen financial and risk management to ensure the quality of new loans is stable. In the first 4 months of this year, new renminbi loans to create 5.17 trillion yuan in the volume, triggering the market for follow-up credit quality concerns. The joint notice, entitled "Views on financial and risk management of financial institutions in the current response to financial crises" (hereinafter referred to as "opinions"), states that in the current special period of rapid development of credit business, it is better to ensure that the new loans will stand the calendar ...

WO-wheel view: China Life chasing backward pay attention to the performance of stock warrants

May 29, 2009, in the peripheral stock market rebound and hot money gradually into the Hong Kong stock market, spurred by the Hang Seng index in the opening of the 18,000 points, followed by repeated shocks; In the afternoon, with the strong lifting of the Chinese Bank of China, the HSI regained its rally and succeeded in standing at 18,171.  The rise was 1.6%, and turnover remained at 90 billion yuan. Friday U.S. stocks in commodity stocks and financial stocks, led by the three major indexes rose more than 1%.  ADR generally made good, HSBC Holdings in the Hong Kong dollar has exceeded 70 yuan, is expected to lead Monday Hong Kong higher. China...

"Overseas oil first person" Xu Zhiming: Why take the oil field easily? All because of doing charity unintentionally inserted willow

BEIJING VIP Building Hotel 9 floor of the small conference room, the CPPCC members, the Chairman of the board of Sinopec Xu Zhiming with a smile. "Now the State also encourages enterprises including private enterprises to go out and expand overseas energy resources, I think it is very necessary." "The Hong Kong tycoon, who has" the first overseas oil ", looks bleak," but it is impossible to get it now, because these sovereign states are now legislating to hold their own companies. " "Because of this, Xu Zhiming, who owns 6 oil fields overseas, is undoubtedly a lucky man, and he himself attributed it to the early philanthropy." A little bit of ...

Oil price adjustment due to rising international crude oil prices

In yesterday's notice, the National Development and Reform Commission said that since the domestic gas and diesel prices increased since March 25 this year, WTI crude oil futures prices from 53.98 U.S. dollars per barrel rose to 66.31 U.S. dollars, the domestic oil price adjustment Reference International market crude oil prices from about 45 U.S. dollars per barrel rose to the current 57 U.S. dollars. According to the perfect price formation mechanism of refined oil, decided to increase the price of steam and diesel oil, and consider the relevant factors, appropriate to narrow the price adjustment.

Why the power consumption of economic warm wind is still falling

The continued decline in electricity consumption produced a premature rebound that led to a lot of speculation that inventories would increase China's economic power consumption and industrial value-added data. Industrial growth increased by 7% per cent year-on-year in April, while industrial electricity consumption fell 7% from a year earlier, with a 14% difference (Figure 1).  This set of data puzzles some investors and expresses whether the Chinese economy is in danger of continuing the "winter". The head of the National Bureau of Statistics responded that China's economy is growing while the whole society's electricity consumption has been negative for two reasons: first, the first quarter of this year's industrial structure changes, electricity consumption is relatively small third-generation ...

Huang: The rebound in the stock market is not enough to prove the economy

In response to the housing stock market signs of warming, the National Political Consultative committee vice chairman, China's president Huang recently in Hangzhou Blunt, this is not enough to prove that the Chinese economy has rebounded, the rebound in the Chinese economy, depending on whether 4 trillion yuan investment can pry private investment. Huang was held on May 30 in the "2009 Zhejiang Business Conference" on the previous statement. Huang said that China's economy has stopped falling, but whether it can rebound immediately, should also look at the effect of national policies and corporate action, "if the measures are inappropriate, it is likely to appear w-shaped, and then come down again." "The domestic market is still erratic. "Yellow ...

New Pudong personnel Adjustment settled Xu Lin successor party district secretary

The picture is Xu Lin, secretary of Shanghai Pudong New Area district. (Photo source: Sina Finance and Economics Yuanping) Hu Haiyun Shanghai Pudong New Area "Expansion", the high-profile adjustment of the high level of personnel today, the Chinese Communist Party of Shanghai Pudong new district Secretary Xu Lin was appointed secretary of the Pudong New Area district Committee, just as deputy mayor of Pudong New area one months, the former deputy Secretary-General  Nanhui Party District former secretary Dai Haibo, such as Pudong New Area District Party district Deputy Secretary. Yesterday, the Pudong new District party and government officials responsible for the meeting, the Shanghai Municipal Committee of the Organization of the Department of Public read out the newly Pudong district Committee of the group members.

New technology has more than 50% debt-financed

The new technology stock price this morning significantly, by the hair up to 200 million yuan convertible bond news driven, the highest price made 0.229 yuan, Rose 50.66%, the latest reported 0.196 yuan, higher 28.95%, turnover 43.23 million yuan. The new technology announced that the issue of convertible bonds with a maximum of $200 million per 3-year coupon is expected to be a net amount of $197 million, which will be used to redeem existing outstanding convertible bonds and outstanding debts, as well as for the general operating capital and future business and investment opportunities of the company. The exchange price of the exchange rate is 0.1 yuan, compared to the first 0.152 ...

China's policy on buying Chinese goods

China's nine ministries have issued a clear "buy Chinese" policy as part of an economic stimulus package, according to the FT's June 17 signed article. The policy stipulates that, in addition to the statutory circumstances in which the procurement of works, goods or services is not to be taken in China or where reasonable commercial conditions are not available, government procurement should be limited to domestic products or services.  The Chinese government's move will exacerbate tensions with its trading partners and increase the likelihood of a rise in protectionism around the world, the article said. The article also quotes some of the world's leading economists on the matter ...

World Bank increases China's GDP growth to 7.2% this year

The World Bank expects GDP to increase by 7.2% this year. Click here to view all financial news pictures yesterday, the World Bank released its latest issue of China's economic Quarterly, raising its 2009 GDP growth forecast to 7.2%.  The agency stressed that China will still have impressive economic growth this year and next, but it is premature to say that the economy is beginning to recover sustainably. Short-term Neinian back to 10% high growth The bank reports that government-influenced investments will strongly support 2009-year growth. It is estimated that in the 7.2% growth rate, about 6% of the growth comes from political ...

Small loan company to be positive for two years

Every reporter Wang Chunxia intern Zhang from Beijing Microfinance Company is finally expected to obtain the long-awaited banking licence.  Yesterday, the CBRC issued the "Small loan company restructuring the establishment of village and township banks Interim provisions" (hereinafter referred to as "interim provisions"), clearly meet certain conditions of micro-loan companies can be restructured into village banks. "Interim provisions" proposed that the proposed restructuring of microfinance companies must meet the "new establishment after 3 years of business and more" this condition. The so-called "new establishment" means that last May, the People's Bank and the CBRC jointly issued the "micro-loan company pilot Guidance" ...

Environmental groups express disappointment over Copenhagen Accord

A number of environmental groups and industry associations are dissatisfied with the deal, thinking that only a non-binding statement is far from enough, and not enough to provide a clear signal to the world. Huangshan Li Hujun Zhang Ridanchao from Copenhagen for the United States, China, India, South Africa and Brazil, the five countries reached the Copenhagen Accord, December 19,  Many environmental groups expressed disappointment in the first time. "There is no justice, no ambition, no legal binding, and the leaders of the world are negligent in the issue of weather change." "Greenpeace global Director-General Koomey ...

The reform of water price hearing in the world is being steadily practiced

According to the Chinese voice of the "Yang News" 10:19 report, since December, the country has held hearings to adjust the price of water, December 31 Fuzhou water price adjustment hearings will be held. Beijing and other cities to adjust the price of water prices are not more than 0.50 yuan today (18th), Jinan will hold a hearing on the adjustment of urban residents ' living water prices, the water price adjustment only to the sewage treatment fee increase, From 0.70 yuan per cubic metre adjusted to 0.90 yuan, the basic water price and water resources fee does not adjust, after adjustment city residents living water to household water price by 2.95 yuan/cubic ...

Russia supports China-Central Asia natural gas pipeline project

Almaty, December 19 (Xinhua) Russia's First Deputy Prime Minister Shuvalov 19th in Almaty, Kazakhstan's largest city, said Russia supported the recent air link between Turkmenistan, Uzbekistan, Kazakhstan and China's China-Central Asia natural gas pipeline project. "The more refined and diversified the energy infrastructure of the CIS and Customs Union countries, the greater our contribution to global energy security," said Shuvalov, who accompanied Russian president Dmitry Medvedev to the informal meeting of CIS heads of State in Almaty. "Shu ...

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