May Cpippi again lost economic recovery still takes time

This morning, the National Bureau of Statistics released the May economic data show: The month of the national consumer prices of the total level (CPI) fell 1.4% Year-on-year, the chain fell 0.3%; China's factory price of industrial products (PPI) fell 7.2%.  So far, CPI has been lost for 4 consecutive months, and PPI fell to 7.2%, more than before the major institutions of the expected economic recovery has yet to be validated. At the same time, the spread of May credit or the news of the heavy climb 660 billion prompted the industry's excessive liquidity concerns. If the economic recovery after the contraction of the austerity immediately ushered in ...

Family business Nine shepherd King pay and benefits harsh sponsors RAID shares

Reporter Yu Qing correspondent Wu Jin Fuzhou Report "also does not belong to the new industry, family control is obvious, why let so many clothing enterprise IPO?" "The market has raised concerns about the IPO application of the nine-king company."  According to the information of the SFC, nine Mu Wang intends to issue no more than 120 million shares, accounting for the total share capital after the issuance of 20.94%, after the issuance of the total share capital not exceeding 573 million shares, to be listed on the Shanghai Stock Exchange. Once the Nine Shepherd King successfully listed, Fujian Quanzhou is expected to rebuild a large number of rich. 452.93 million shares of the total share capital of the king, according to 2010 per share receipts ...

Lutai a planned equity incentive to suspend trading

Lutai A (000726) on the evening of April 6, the company is planning a restrictive stock incentive plan, and the relevant issues are still under consideration.  Company Stock April 7, the opening of the suspension, no later than April 9 published relevant announcements and apply for the April 11 recovery card. Responsible Editor: NF058

Foreign currency swaps as hot money into covert channels

Although the foreign Exchange Bureau is constantly stepping up its regulation of Cross-border capital flows, international hot money has created a lot of alternative means, and cross-border currency swaps have become the tools they use, and Hong Kong has become a transit point for these funds. Mr Donggao, a foreign investment bank, told reporters he had recently led a swap. One of his clients is a Hong Kong American fund, suffering from the lack of appropriate channels to bring money into China, just another of his clients, a foreign-funded institutions want to remit a sum of money. Mr. Gao led two institutions to sign a currency swap agreement, and US funds in Hong Kong to the foreign-funded institutions across a stroke ...

No cap on executive limit

The Department of Insurance believes that the salary limit is not equal to a pay cut the expected July compensation standards will improve the incentive mechanism according to the central widely reported by the Ministry of Protection, SASAC and other departments to participate in the "State-level executive compensation" is expected to be introduced in July 2009, the second term of the top executives in the center (2007 ~2009 years)  In the final year, central-and-central executives will end their "custom pay" history. The ministry says the department is straining to set rules for executive pay at central-level executives to ensure that top executives ' incomes remain at reasonable levels. The pay limit for top executives will be different from those of financial institutions.

State-owned Enterprises index half a 43 point high strong consolidation

State-owned enterprises index morning strong consolidation, a A-share to maintain strong and the current market is still quite ample liquidity significantly inhibited the initial adjustment, the state by the city of 10,647 Point Low repeatedly regained regain ground, once fell 70 points, noon 10,820 points, fell 41 points, or 0.38%, Turnover of HK $8.916 billion, shrinking faster. Huiyuan believes it is difficult to guess when liquidity will be withdrawn from the stock market, but unless there are more positive catalysts to stimulate investment interest, it is difficult to expect a further strong rise in Hong Kong equities, the current valuation looks too high, about the equivalent of the 2009 fiscal year forecast market ...

Peasant woman registered 10 shell company illegally transfers 8.9 billion

Liu Huamei (alias) is a rural woman with only primary school culture in Jiangxi Nanchang Nanchang County, an accidental opportunity she learned a way to make money: help people transfer.  After the referral and guidance, she registered in the home of 10 shell companies, in May 2007 to May 2008 a year, Liu Huamei accept Shenzhen nearly 600 company funds, and then through the chaotic transfer of money, help people illegal transfer meter 8.97 billion yuan. Because of the huge amount of money involved, and even alarmed the State Council, the leadership asked to check the matter strictly. After the incident, Liu Hua sister by the procuratorial organs for illegal operation of the crime sentenced to a prison sentence ...

A race against the dollar. Speculative funds counter-attack commodity markets

Economic Observer reporter Li Ping international commodity prices are continuing to move higher with speculative funding.  June 4, New York crude oil futures prices reached 69.22 U.S. dollars, compared with February 34 U.S. dollars per barrel price, the rise has been more than one times.  On the same day, Goldman Sachs expects oil prices to reach $85 a barrel this year. 6 months ago, Goldman Sachs estimated that the international crude oil price for 2009 was only $45 per barrel.  JPMorgan and Merrill Lynch at the time even thought that oil prices could dip to $25 trillion. A recent report from Jinshi Futures Shanghai Research and Development Center shows that ...

Approved to set up a collection asset management plan

Everbright Securities (601788) announcement, according to the Chinese Securities Regulatory Commission, the company was allowed to set up Everbright Sunshine Rally Number one-phase collection of assets management plan. According to the bulletin, the program type is an unqualified set asset management plan with no fixed duration. The maximum amount of funds raised during the plan promotion period is 1 billion, and the maximum amount of funds raised during the period is 1 billion. The maximum number of participants in the scheme is 200.  The minimum participation amount for a single customer is 1 million yuan. The company is the manager of the plan, Everbright Bank is the custodian of the plan, China Securities Registration and Clearing limited liability company for the planned ...

June Wei car rises 1% Citi reiterates buy rating

June Granville car morning low open high, share prices half a half-day rose 0.81% to 3.72 Hong Kong dollars, deal 2.492 million shares.  Citi issued a report saying it would maintain the buying rating of the unit, with a target price of HK $3.85, 3.5% per cent premium. Citigroup points to a 5% to 128,963 increase in car sales in the first 5 months of June-Wei, which accounts for 40% of the bank's estimated annual sales, but less than a year-on-year increase of 16% per cent in the country. Its Guangzhou Honda product portfolio deteriorated from a year earlier, with the average price of the accord and Odyssey MPV higher, and the top 5 in the year ...

St East Airlines 28th "tipped ladies" changed to "Oriental airlines"

St China Eastern Airlines announced today that, upon application, the SSE has now approved the revocation of the company's stock transactions in the implementation of other special treatment. According to the rules, the company's shares on May 27, 2010 suspended for one day, the stock is referred to as the "Eastern Airlines" since May 28, 2010, the stock code remains unchanged, the daily price limit of stock transactions restored to 10%.

ICBC buys Bank of East Asia in Canada

170 million yuan plus 75% industrial and Commercial Bank of East Asia ICBC on the acquisition of the Economic Observer of East Asian Banks of Canada Ouyangxiao Red Chianghui June 4, ICBC said, with the Bank of East Asia Limited ("Bank of East Asia") on the Canadian Bank of East Asia and Industrial and Commercial East Asia Financial Holdings Limited ("Industrial and commercial east Under the agreement, ICBC will pay the Bank of East Asia $80.25 million (about 73 million US dollars) for the bid, acquiring a 70% per cent stake in the Canadian Bank of East Asia, with the Bank of East Asia holding a 30% per cent stake. At the same time, the Bank of East Asia to ICBC acquisition ...

Huawei 140 million renovation project to undertake

Thy billows shares (002325) announcement, May 25, the company received the letter of acceptance, become Huawei Technology Co., Ltd.-China Shenzhen Huawei New research Center Project Fine Decoration Subcontract Project successful bidder.  This project uses lump sum contract method, the contract total price is 141 million yuan, the completion date is January 31, 2011.  The project owner of Huawei Technology Co., Ltd. Main development, production, sales of PBX, data communication equipment and other products, system integration engineering, computer and ancillary equipment and related equipment and maintenance, technical advisory services, import and export business. The company said that ...

Zhenhua technology to invest lithium ion battery project

Zhenhua Technology announced today, in order to seek new economic growth point of the company, and based on lithium-ion Power battery market prospects, after consultation with Dr. Li Shujun, the company decided by the two sides jointly set up joint venture company, engaged in lithium-ion power battery research and development, production and sales. The investment bill has been approved by the company's board of directors.

The U.N. report predicts China's economic growth will reach 9.2% this year

China News Agency, May 26 (Xinhua Sun Yu) A report from the United Nations predicts that Chinese economic growth will reach 9.2% this year, 2011 to 8.8%. The United Nations Department of Economic and Social Affairs 26th updated the 2010 World Economic Situation and Outlook report, which predicts that the world economy will grow at 3% this year, but that growth is still weak and countries ' recovery is uneven,  The report also notes that this growth rate is weak for stimulating job growth. The report predicts the overall economic growth of the developed countries this year ...

Sub-brand into future profit highlights

Fuannacompany (002327) Deputy general manager Chen in its son brand "Xin and Le Home textile" 2010-year autumn and winter new conference said that the next three years, the product sales will maintain the growth rate of 40%, become the company another profit growth point.  Data show that 2008, the brand accounted for the company's sales revenue of 12%.  Chen revealed that after the company listed, with the market demand blowout, coupled with the company's funds, team management has played a good foundation, so the middle and high-end consumer groups, in order to promote the "diffuse life" advocated the sweet and music came into being. Company Chairman Lin ...

Shanghai material trade: affected by the policy of solid wood flooring production line has been discontinued

Recently, Shanghai Trade Conference held at the meeting of the Board of Directors, the Committee of Supervisors general election bill, at the same time, the 2009 annual profit Distribution and Provident fund to increase equity plans. The annual report shows that the company's total operating income of 09 years is 45.799 billion yuan, 39.13% increase, net profit of 71.5702 million yuan, increase 1.12%, earnings per share 0.27 yuan, 3.57% reduction.  The company intends to send 2 shares to 3 shares per 10 shares (including tax). As a trade company, Shanghai Trade is involved in the main business is more extensive and decentralized. At the meeting, for the shareholders proposed this ...

St East Airlines Ming "tipped ladies" to restore "Oriental airlines"

Wearing a year of "St Hat" St East airlines will be formally "tipped Ladies" tomorrow (28th) to return to "Eastern Airlines." Today, St East Airlines issued a notice that the company on April 19 this year to the Shanghai Stock Exchange to withdraw the implementation of the company's stock trading other special treatment.  At present, the application has been approved by the Shanghai Stock Exchange. Under the Shanghai Stock Exchange stock listing rules, the company's A shares in the May 27, 2010 Suspension of a day, the company's A shares referred to as the May 28, 2010 by the St East Airlines changed to Orient Airlines, the company A shares of the day ...

Two shareholders to reduce the million music 1.45% shares benefited more than 100 million yuan

Million Home Music (000533.SZ) today announced that the company's second largest shareholder Foshan Shunde District Chen Village Xinda Industrial Development Co., Ltd. (hereinafter referred to as "Xinda industrial") reduce the company 10 million shares, the equivalent of 1.45% of the shares to yesterday, 11.72 yuan closing price calculation, the reduction should be more than 100 million yuan. Previously, the million home Lok chairman of the account has been oolong, 5-month 3-degree illegal trading stocks. But analysts believe that the reduction should be with the million home music itself is not a big deal, may be the letter Tatsu industrial own funds need to be caused. Xinda Industrial was founded in 1997, main products ...

Mainland visitors to Taiwan breakthrough 350,000

BEIJING, June 28 (Xinhua) Visitors to Taiwan have broken through 350,000 times since the official opening of mainland residents to Taiwan for sightseeing and tourism, according to the latest statistics released by the Taiwan Strait Travel Association. Dujiang, deputy director of the National Tourism Administration, and the Executive chairman of the Cross-Strait Association of Travel and Communication, said that since last year, after mainland residents visited Taiwan, the tourism industry in Taiwan and Taiwan had formed a cooperative mechanism based on tourism cooperation, which had a good interaction and frequent exchanges.  Up to now, the number of mainland residents visiting Taiwan has reached 356600. Dujiang said that cross-strait travel ...

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