Chen Deming: China's trade surplus or further decline

Chen Deming, Commerce minister, said at a press conference yesterday that the overall situation of China's foreign trade was generally optimistic, but there were still some uncertainties. He also pointed out that China's export growth could come down this year as a result of the risk factors for the global economic recovery and the continued rise in domestic labour and raw material costs. However, with the promotion of domestic industry and the related import facilitation policy, China's import growth rate will be higher than exports.  As a result, he predicts a further decline in China's trade surplus as a share of GDP in the future, and perhaps even a trade deficit in some months this year. In fact, this direction with the government down ...

The former Hainan Province housing reform office illegal misappropriation of tens of millions of funds were notified

Xinhua Haikou, June 6 (reporter Denga) former Hainan Province housing System reform Office (now "Hainan Province Housing Provident Fund Management Center") in 1996 to 2007 illegally misappropriation of funds, kangaroo "coffers", resulting in the loss of state-owned assets nearly 20 million yuan.  Recently, the Hainan provincial government office of the major violation of the case was reported. The report said that the audit by the audit, the former Hainan Province housing reform office has faced losses and public funds private deposit problem. 1996, the original housing reform office in Hainan province to use units of residential funds 10.048 million yuan to buy 1000 face value ...

China to buy shares of 3 companies

State cast new Xinji (601918) March 10 Evening announcement, the company intends to acquire a holding subsidiary of Shanghai New Waitan Enterprise Development Co., Ltd. held a 100% stake in Huainan Jinjiang Hotel Co., Ltd. The company also announced that the company intends to sell all the shares of Shanghai New Waitan Enterprise Development Co., Ltd. and Shanghai New Waitan Enterprise Development Co., Ltd., Anhui Liu Zhuang Real Estate Co., Ltd., Shanghai Xinji Coal Sales Co., Ltd.  The company said that the sale of these shares to the audit evaluation results for the transfer pricing basis, in the property rights trading market open transactions. Responsible Editor: NF054

Supreme Court: Coercive measures for the cautious use of seizure and freezing of enterprises

Xinhua Beijing, June 7 (reporter Yang Weihan) The Supreme People's Court 7th issued "on the response to the international financial crisis to do a good job of the current implementation of a number of views", "for the execution of the state-owned large and medium-sized enterprises, financial institutions, listed companies or state-controlled listed companies, If the enforcement measures against their assets may result in their bankruptcy or affect social stability, they may take the initiative to communicate and coordinate with their state-owned asset management departments and regulatory departments, and strive for their overall consideration, to help them solve their debt problems and to prevent the smooth and long-term development of the enterprises. "The international financial crisis has a wide impact.

Yunnan Yun-hua 155 million buy Fuhua composite material 51% Equity

Last night, Yue Fu Wah announced detailed changes in the rights of the report, said Yun Yun Yunnan to 155 million yuan to buy a subsidiary of Fuhua Composite material 51% equity.  This means that Zhuhai Hong Kong after the arrival of Fu Wah has entered the asset integration phase, the company's main business will be converted into port logistics industry. The focus of Zhuhai's "taking Hong Kong state City" according to the report on the change of the company's detailed interests, the Zhuhai port group in Guangdong Fu Wah, will be the state-owned shares of the free transfer mode, that is, the Zhuhai Sasac will hold 56.57 million shares of state-owned shares (16.4% of the total share capital) free of charge into the Zhuhai port group. The deal ...

Mainland Panel purchasing group to implement 4.4 billion US dollar order in Taiwan

China News Agency, Taipei, June 7 (Xinhua Dengmin) The mainland Electronic Video industry association and Taiwan Foreign Trade association held a farewell dinner at the Taipei International Convention Center on the 7th night.  Bai Weimin, Secretary General of the Continental Electronic Video Industry association, said the 2.2 billion-dollar panel purchase order for Taiwan had been fully implemented. June 2, "Cross-strait Panel display Industry Cooperation seminar" held in Taipei. From the mainland Tcl, Konka, Skyworth, Hisense, Haier, Changhong, SVA, Panda and Xiamen and other nine color TV manufacturers representatives, with Taiwan's main panel enterprises and electronic manufacturers representatives, such as a total of more than 200 people, no ...

Bank of East Asia is down 1.61% Merrill Lynch remains weaker than market rating

The Bank of East Asia (00023-HK) is now down 1.61%, reporting HK $27.55 to 2.3586 million shares, which is currently losing a small market, with the index falling 1.23%. Merrill maintained its weaker-than-market rating, with a target price of HK $15, which the bank believes has a significant downside risk because the sharp rise in the past few weeks has been driven largely by rumours of mergers and the so-called benefits of recent developments in mainland China. The momentum for future earnings growth is expected to slow, and equity returns are unlikely to make it quick to recoup capital costs. added that the Bank of East Asia valuation standard ...

Canadian companies to kill five mines to buy Australian mining assets Add variable

The Minmetals takeover of Oz's mining assets in Australia has also seen a new twist after Chinalco's 19.5 billion dollar investment was vetoed by Rio Tinto. According to foreign reports, Australian investment consulting company Rfcgroup and Royal Bank of Canada Rbccapital, yesterday evening to the Australian Oz Mining (Ozmineralsltd.  ) proposed a 1.2 billion dollar recapitalisation proposal consisting of equity, convertible bonds and convertible subordinated debt, formally throwing a challenge on the 1.206 billion dollar cash asset purchase proposal proposed by Minmetals. Yesterday also said China Minmetals Group plan is the best ...

Lotus msg profits big drop huaxia and other institutions have evacuated

Several joys and sorrows. October 26, Lotus msg Three quarterly report let the market surprised, the third quarter of the net profit of 41.7493 million yuan.  In the fourth quarter of last year, because of the reorganization of rumors and the body of hot money to stir fry Lotus msg, now can only rely on government subsidies to maintain survival.  In fact, with the Fu Fung Group (00546.HK) strong access to the production of MSG terminal expansion of the pace of growth, the domestic monosodium glutamate competition between the three strong has already undergone drastic changes. As the backdoor Wuzhou pearl of another gourmet powder giant, plum Blossom Group is also in Fu Fung set ...

US Kai Electronics and recreational Pharmaceutical industry first application failed

November 1, the SFC announced that Shenzhen Mei Kai Electronics Co., Ltd. and Zhejiang Kangle Pharmaceutical Co., Ltd. two companies did not pass the first application.

Afternoon deployment: Securities stock stocks in the afternoon or strong test 18,700 points

Hong Kong stocks, which had fallen more than 100 points earlier this morning, had been exacerbated by a decline of more than 430 points to 18,245 points.  The market is still looking at the latest economic data from the mainland in the next two days, and the securities analyst is expecting an upward momentum in the Hong Kong stocks and a 18,700-point trial in the afternoon. The Hang Seng index closed at 18,544 points at noon, down 135 points, or 0.72%, with a slight reduction in half-day turnover to about $40.6 billion. The index of state-owned enterprises fell 0.4% to 10818.83 points.  Japan and South Korea's stock market is different, the former Rose 1%, the latter fell 0.1%. Prudential Securities Asset Management Department co-director Tu ...

May Mainland housing prices surging luxury homes sales volume showed a high drop

Xinhua Beijing, June 6, after a mild rise in 3 April, the mainland's first-tier cities in May, a sharp rebound in prices. In Beijing, the overall average price of the new opening item rose by 13.8%, and the prices of most real estate sales in Shanghai, Shenzhen and other cities jumped up.  At the same time, all over the high-end residential, villas also out of unsalable plight, investors return often but in the "price rise" at the same time, the focus of the city's commercial housing turnover is showing a high drop trend, the chain of decline is generally more than 10%. According to the Hong Kong "Wen Wei Po" news, from April onwards, Shenzhen Villa sales soared, ...

Huaneng International Non-public offerings approved by SFC

NetEase Financial November 1, according to the Hong Kong exchange announced that Huaneng International Non-public offering a shares by the SFC approved. Huaneng International announced earlier that the company intends to issue a 1.2 billion-a-share and 400 million H-shares, respectively, not less than 7.13 yuan per share and HK $4.97.  However, due to changes in the market environment, the original distribution plan was adjusted on July 26. After the adjustment, the number of a shares increased from the original 1.2 billion to 1.5 billion shares, the price of each share is not less than 5.57 yuan, at the same time, if a shares issued 1.5 billion shares, the number of H shares from the original 400 million to 500 million shares, per share ...

China-ASEAN resources increase more than 40%

China ASEAN Resources (08009) this morning, the stock price has risen 46.26% to 0.215 yuan, the current prices of 0.209 yuan, still rose 42%, the transaction temporarily more than 4.3 million yuan, compared to the Friday less than 900,000 yuan surge.

ICBC: It's no problem to digest small and medium sized non-performing loans

On the morning of June 6, 2009, CCTV economic channel "How to crack the financing of small and medium-sized Enterprises" Large International forum held in Beijing Diaoyutai State Guesthouse, Sina Finance full broadcast this meeting. Photo: Kaisheng, President of ICBC. (Photo source: Sina Financial Hu Ming) Click here to view all financial news pictures in the "How to crack the financing of small and medium-sized enterprises," The large International forum held today at the Diaoyutai National Guesthouse, ICBC governor Kaisheng said to Sina Finance, ICBC's allocation coverage of more than 130%, It is no problem to digest the non-performing loans of SMEs. ...

New Hope grows weak and hopes to restructure Super Retail Koshing evacuate

October 30, 2010, New Hope to release three quarterly bulletin. Data show that January-September total operating income of 5.594 billion yuan, attributable to the listed company shareholders of the net profit of 413 million yuan, an increase of 5.16%.  In stark contrast, the first half of the company's ownership of the listed company's shareholders in the net profit is only 259 million yuan, down 2.29% year-on-year.  Still, it may be that the three-quarter recapitalisation effect is more likely to mark New Hope, and the resulting share price rise is far more dramatic than the turnaround in its performance. According to the reporter rough calculation, as of November 1 ...

China's 3rd time this year to increase the export tax Rebate tax rebate funds increased by 25.2 billion

The Ministry of Finance decided to increase the export tax rebate rate of toys and other products Beijing, June 8, according to the State Administration of Taxation website News, from June 1 onwards, the country again to raise some of the export tax rebate rate, related to China's superior products, labor-intensive products, High-tech products and deep-processing products totaling more than 2,600 10-digit  This is the 3rd time this year, China's export tax rebate rate, but also since August last year, the 7th increase, is expected to increase the export tax rebate rate will be increased tax rebate funds about 25.2 billion yuan. The specific contents of the policy include: improve the partial processing of agricultural products, medicine 、...

CCB's first U.S. branch opens in New York

June 5 local time, China Construction Bank New York branch held a opening ceremony to become the fifth in the United States officially opened a branch of the Chinese bank.  The picture is China Construction Bank chairman Guo (right third), Chinese Consulate General in New York Penkyu (left), New York State Bank director Richard Nemin (right), deputy governor of the Construction Bank Yifei (left), and the New York branch of CCB, GM Li Wei (right) jointly for the New York branch of CCB Jie. Chinese New York, June 5 (Xinhua Wei) New York branch of China Construction Bank opened a reception 5th, announced the formal accession ...

Hong Kong exchange to decline 1.26% Macquarie to maintain weaker than the market

The Hong Kong Stock Exchange (00388-HK) fell 1.26% to 125.80 Hong Kong dollars and sold HK $382 million in the early trading market, with the index slightly up 0.22% and 18544.26 points. Macquarie maintained a weaker-than-market rating, but set the target price from HK $75 to HK $105 (though still below current) after the 2009-year daily turnover was expected to increase from HK $55 billion to HK $67 billion, while the profit forecast for fiscal year 2009-2010 was lowered by 12% and 5%. Although market dynamics continue to be stronger than the bank expects, the bank still suspects that ...

Wang Jun: SME loan costs can fully cover the risk

On the morning of June 6, 2009, CCTV economic channel "How to crack the financing of small and medium-sized Enterprises" Large International forum held in Beijing Diaoyutai State Guesthouse, Sina Finance full broadcast this meeting. Photo: Wang Jun, chairman of Zhejiang Tyrone Commercial Bank. (Photo source: Sina Finance and Economics Hu Ming) Click here to view all financial news pictures in the "How to crack the financing of small and medium-sized enterprises" in the large International forum held today at the Diaoyutai National Guesthouse, Zhejiang Tyrone Commercial Bank chairman Wang Jun said to Sina Finance, Tai Lung Commercial bank loans to SMEs accounted for 98% of total loans Cost ...

Total Pages: 2226 1 .... 480 481 482 483 484 .... 2226 Go to: GO

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.