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Chinese crude oil stocks low half of Goldman Sachs reiterates buy CNOOC

Chinese crude oil stocks failed to break out of the weak market this morning, and CNOOC (00883-HK) fell by 2.83% to HK $9.62 a half-day, while PetroChina (00857-HK) also spat 2.4% to HK $8.55. Goldman Sachs issued a report saying it proposed to buy CNOOC and sell Chinese oil, in the belief that CNOOC's growth and return rate is higher, and valuations more attractive Refers to CNOOC's 8.9 times-fold earnings ratio, lower than the Chinese oil stocks, the recent fall in CNOOC's share price has provided investors with the opportunity to buy timing, and China Sea oil in the 2009-10 fiscal year, production growth prospects are strong, ...

Chinese crude oil stocks low half of Goldman Sachs reiterates buy CNOOC

Chinese crude oil stocks failed to break out of the weak market this morning, and CNOOC (00883-HK) fell by 2.83% to HK $9.62 a half-day, while PetroChina (00857-HK) also spat 2.4% to HK $8.55. Goldman Sachs issued a report saying it proposed to buy CNOOC and sell Chinese oil, in the belief that CNOOC's growth and return rate is higher, and valuations more attractive Refers to CNOOC's 8.9 times-fold earnings ratio, lower than the Chinese oil stocks, the recent fall in CNOOC's share price has provided investors with the opportunity to buy timing, and China Sea oil in the 2009-10 fiscal year, production growth prospects are strong, ...

Social Security Fund overseas investment next year or up to 200 billion

Liu Xing, December 16, the National Social Security Fund Council President Dai Xianglong said on the day of the Asian Pensions Roundtable, in order to further improve governance, improve the value of the value-added level, in view of the fund in the past 10 years there is no significant expenditure arrangements, to reduce the investment in fixed-income products, to maintain the proportion The proportion of foreign investment from the current 7% progress to 20%.  After the adjustment, the proportion of the National Social Security Fund overseas investment has advanced to the investment ceiling. On the October 28 of this year, Dai Xianglong, in Shanghai, held the second China Industry International Competitiveness Forum, said 2 ...

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