Financial Development

Shanghai, July 15 (Xinhua) Shanghai Municipal Committee, deputy mayor Tu 15th, said that the Shanghai International Financial center of the legal Environment, need to be in the financial law system, financial supervision system, financial dispute resolution mechanism, financial legal services, financial law education and other 5 focus.　　The "financial development and rule of law Construction" Forum, hosted by the Chinese Law Society, was held in Shanghai 15th, Tu said at the opening ceremony. Tu said that at present, we are in the deposit insurance system, equity investment funds, private equity, financial futures market exit, financial institutions integrated management, financial holding company ...

According to Hong Kong media reports, Citic Group chairman Citic clarified that it was not intended to sell CITIC Securities.　　As the largest shareholder of CITIC Securities, commercial banks continue to be the core business.　　Citic Group chairman Citic clarified that it is not intended to sell CITIC Securities, that the investment value is good, the group attaches importance to CITIC Securities business development, as the largest shareholder of Citic Securities, stressed that commercial banks continue to be the core business, but also with the group's comprehensive financial development. He believes the prospects for investment banking in key regional areas are ideal.

Yanghe shares (002304) decided to invest 1.73 billion yuan to build two major technical improvement projects. One for the famous Wine Brewing technical transformation Phase Ii. project. Project up to the postpartum, the annual increase of 20000 tons of high-quality basic wine production capacity. The total investment of the project is 1.106 billion yuan, of which the fixed assets investment is 1.027 billion yuan. The technical renovation project is implemented in some areas of the company's existing North plant area as well as in the new land area.　　All of the project to the postpartum year can add a net profit of 287 million yuan. The second is 100,000 tons of famous wine aging old ripe technical renovation project. Project total investment of 624 million yuan, of which fixed assets ...