Shares of Baotou Steel company to acquire mining assets

Baotou Steel Co., Ltd. (600010) 12th announced that the company intends to specific objects Non-public offering a shares not more than 1.63 billion shares, the issue price is not less than 3.68 yuan/share, the total amount of funds collected not more than 6 billion yuan, for the steel group to acquire high-quality mining assets. The additional acquisition of assets, including Baotou Steel Group, run Mining Limited liability company 100% Equity, Bayan OBO Iron ore West mining rights.  Baotou Steel Group has pledged to subscribe to non-public offerings in cash of not less than 500 million yuan or more than 2 billion yuan. Barun Mining is fully responsible for all the mineral resources of the Bayan OBO West Mine area.

First half of fixed assets investment 9.1321 trillion yuan year-on-year increase 33.5%

BCC Network News Bureau of Statistics 16th announced the latest, the first half of this year, China's fixed assets investment reached 9.1321 trillion yuan, an increase of 33.5%, the growth rate was faster than a year earlier 7.2%. Fixed asset investment has increased rapidly and investment structure has improved.

News: GDP growth of 7.1% in the first half

BCC Network news office today 10 o'clock in the morning held a press conference, invited the National Bureau of Statistics spokesperson, National Economic Comprehensive Statistics Division Director Xiaochao introduced the first half of 2009 national economic performance. The National Bureau of Statistics released the latest announcement: The first half of this year, China's GDP reached 13.9862 trillion yuan, according to comparable, compared with a year earlier growth 7.1%. Quarterly, growth of 6.1% in the first quarter, two quarter growth of 7.9%.

Hang Seng Index 430-point H-Shares high 276

This morning, the Hang Seng index opened 430 points, opened a report of 18,689 points, is now up 355 points, the H-share index is 276 points higher, reported 11,137 points, is up 205 points.  In blue-chip, the control (00005-HK) rose 2.52%, the Mobile (00941-HK) rose 1.47%, the new Ground (00016-HK) rose 0.9%, the Long Real (00001-HK) rose 2.78%, the HKEx (00388-HK) rose 2.56%. H-Shares, Guo Shou (02628-hk) rose 1.79%, ICBC (01398-HK ...

ICBC completes takeover offer to Thailand

NetEase Financial March 11, ICBC 11th announced the announcement of Industrial and Commercial Bank of China (Thailand) Co., Ltd. of the withdrawal of the bid has been completed on March 8, 2011. ICBC purchased 7.2768 million shares of common shares and 73,500 preferred shares in Thailand under the takeover offer (total of about 0.46% per cent of ICBC's shares in Thailand). After the completion of the takeover offer, ICBC holds 1.554 billion common shares and 355,600 preferred shares of the Bank of Thailand, which equals about 97.7% of all ICBC's shares issued in Thailand.

Greentown China Xuanpai 08 annual special interest rate rose more than 4%

Greentown China (03900) Xuanpai 08 Annual special interest rate of 0.18 yuan per share, this morning, the stock price rebounded after the first fall, the opening has fallen more than 3% to 10.7 yuan, and then rebounded more than 4% to 11.5 yuan. The current price of 11.26 yuan, rose 1.99%, the provisional transaction over 37 million yuan.

China's foreign trade continues to fall sharply, with a slight decrease in trade surplus

BCC Network News Bureau of Statistics update announced: The first half of China's total import and export 946.1 billion U.S. dollars, down 23.5%. Among them, exports 521.5 billion U.S. dollars, fell 21.8%, imports 424.6 billion U.S. dollars, fell 25.4%, trade surplus of 96.9 billion U.S. dollars, year-on-year reduction of 2.1 billion U.S. dollars.

Huiyuan Juice Rose 1% but valuation Super trade big fortune Call Sell

Earlier disclosure of foreign funds to buy convertible bonds to stabilize the source of the fruit juice this morning, the share price rose 0.89% to HK $5.65, 2.2 million shares.  According to the latest report, the shares were given a sales rating of 25.9 times times the 09 earnings ratio, which is 22.7 times times the average for its mainland catering industry, with a target price of HK $4.11 and a discount of 27% on the market. The new production of Huiyuan Juice will help the company to strengthen its upstream juice supply business, he pointed out. However, due to intense competition, Huiyuan's diluted juice business is expected to face the most serious challenges. So ...

The month refers to the high open 445 point report 18,700 points

That is, the monthly HSI Futures high open 445 points, reported 18,700 points.

China's infrastructure investment negotiations terminate takeover of Jiangsu Power plant repeatedly falling more than 6%

China's infrastructure Investment (00600) negotiated the termination of the acquisition of Jiangsu Power Plant, the stock price first rose and then returned, low see 0.19 yuan, down 6.4%.  The current price of 0.191 yuan, down 5.9%, a temporary transaction of more than 2.7 million yuan. China's infrastructure investment said that the purchase of Jiangsu Power Plant, as a result of the final completion date has passed, and in view of the foreseeable future economic outlook is not clear, so and the seller is considered the termination of the agreement is more prudent, and is discussing the termination of the terms of the agreement, as appropriate, will be announced

GDP grew 7.1% in the first half of the year 13.9862 trillion

According to the National Bureau of Statistics of the People's Republic of China this year, all regions and departments earnestly implement the central government's package of measures to deal with the international financial crisis and maintain steady and rapid economic development, and strive to overcome various difficulties in the process of economic operation, increasing positive factors and stabilizing the national economy. Initial accounting, the first half of the gross domestic product 13.9862 trillion yuan, according to comparable calculation, year-on-year growth of 7.1%, faster than the first quarter of 1%. Quarterly, growth of 6.1% in the first quarter, two quarter growth of 7.9%. Sub-industry look, primary added value 1202 ...

Textile prices rose 1.81% to HK $2.1

The 01382-HK was up 1.81% in half a half-day, at HK $1.69, and traded at HK $1.5157 million, with the shares rising 2.52% in the early trading market.  Citi, which maintained its buying rating, also raised its target price from HK $0.68 to HK $2.10, after raising its earnings forecast for fiscal 09-11 by 18% to 28%, with orders and margins better than expected in the second half of the fiscal year. The bank also said the factory start rate had recovered to more than 95% per cent, which would help stabilise profitability. Added that the current valuation of the stock looks attractive, the share price equivalent to 10 ...

Steady growth of domestic market, county and county growth faster than cities

BCC Network News National Bureau of Statistics latest announcement: China's domestic market sales steadily accelerated growth, counties and counties below the growth faster than the city. In the first half of the year, the total retail sales of consumer goods amounted to 5.8711 trillion yuan, an increase of 15% (June growth of 15%), deducting the price factor, the actual growth of 16.6%, up to 3.7%.

The price difference of Beijing gas station again pull big 93rd gasoline maximum price difference is 0.6 yuan

Early yesterday morning, domestic oil prices began this year's third adjustment, Beijing market No. 93rd gasoline "price" rose 0.33 yuan per litre, 97th gasoline "standard price" rose 0.35 yuan. And a new round of oil price adjustment caused the market shocks again, the market emerged more oil version.  Beijing Morning News reporter yesterday, the price of 12 different types of gas stations in Beijing, the price gap between the gas stations continue to pull up, to ordinary private car owners most commonly used 93rd gasoline, for example, the maximum difference between them has reached 0.6 yuan per litre. The maximum price difference of No. 93rd gasoline is 0 ....

May new export order index breaking Point Association recommends a policy

will take comprehensive measures to promote export China logistics and purchasing Union June 1 figures pointed out that the May National manufacturing new export orders to break through the first 50% of the expansion of the critical point, including clothing shoes, hats, chemical fiber, electrical and mechanical industries such as exports to become better, but a number of relevant associations of people told reporters,  Actual exports will still be negative year-on-year in May.  This reporter learned that many associations recommend the state to introduce new policies to stimulate exports, such as the Iron and steel Industry Association and other recommendations, step, the high-end products of the export tax rebate rate increased to 17%. From China Logistics and Purchasing Association ...

Carrot and stick Real estate policy how to hedge against each other

Real estate Policy a short six-month honeymoon period has passed, replaced by "carrot and stick".  Since late May, land value-added tax, research levy property tax, capital reduction and other real estate related policy adjustment, in the real estate market set off a stir. The consensus is that the government is controlling a new round of house-price rises.  If prices follow this momentum, new curbs are believed to be forthcoming. After the honeymoon period, the rise in house prices since yesterday, the State administration of taxation, "land value-added tax liquidation management regulations" come into effect, procedures for the land value-added tax liquidation before ...

Geithner knocks out the war drums

Speaking at Peking University June 1, U.S. Treasury Secretary Timothy Geithner said the United States and China need to make major policy shifts to help the global economy emerge from the current crisis and embark on a sustainable growth trajectory.  In the United States, he says, the savings rate will have to rise, while US consumer purchases are unlikely to be the main drivers of growth in the past; for China, this means expanding domestic demand and reducing reliance on U.S. exports. In the view of Morgan Stanley Asia Chairman Roach, the possibility of this ingenious synchronised rebalancing of the two big economies ...

Joint venture to expose Guangzhou auto Fiat lock Linea

The report (reporter Zhu Zhengzi) for Guangzhou auto Fiat Joint venture, although both sides confirmed the existence, but for the specific contents of the joint venture, both sides are "secretive." However, information from other sources still "cobwebs" the contents of the joint venture project.  Yesterday, the state Environmental Protection Ministry May 31 to approve the construction project environmental impact report, not only exposed the Guangzhou auto Fiat Joint venture investment, production scale, but also the cooperation between the two sides of the production of the specific models of the Linea, and the first official disclosure. According to the Ministry of Environmental Protection Information Show, Guangzhou auto Fiat passenger car construction project located in ...

October demand growth or continued decline of four quarter

In September, the total electricity consumption of the whole society decreased by 12%, and the electricity consumption in October tended to be stable. China and the ITU 16th released data show that October when the whole society of Electricity consumption 340 Billion-kilowatt, by the calculation of the growth of 8.5%, compared with the September 349.8 Billion-kilowatt when the amount of electricity is basically flat; January-October cumulative, the whole society of electricity consumption 3.4846 Trillion-kilowatt, by the calculation of the year-on-year growth of 17.03%. China-ITU forecasts that the four-quarter national demand for electricity consumption continued to fall.

Hunan Real estate market picks up steadily in Changsha June sales volume Innovation high

BEIJING, Changsha, July 15, the real estate by many people as an economic trend of the wind vane. Now, with the first half of Hunan economic stability to the good, the real estate market has rebounded steadily, commercial housing appears supply and marketing two flourishing.  Today, the reporter learned from the Hunan Provincial construction department, January-June, the province completed the completion of commercial housing area of 11.1 million square meters, an increase of 42%, commercial housing volume continued amplification, the province's commercial housing sales area of 13.329 million square meters, the year-on-year increase of 26.8%, and increase in the trend of monthly rise. Hunan Province Department of Construction Statistics data show that January-June, the province of real estate development cast ...

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