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Greentown launches JVs for Zhejiang property projectsPublished: 09 Jul 2009 21:57:16 PSTTop 5 News From ChinaKnowledge.comIBM Hong Kong to buy 20% equity interest in ISTCBYD’s H1 sales surge 176% year on yearChina’s top 3 life insurers reap RMB 270 bln in premiums in H1China Merchants Securities may tie up with Capital SecuritiesBetter Life Commercial expands property project in HunanJul. 10, 2009 (China Knowledge) – Greentown China Holdings Ltd<3900>, which is principally engaged in residential property development in mainland China, has announced that it intends to set up a joint venture (JV) with a property subsidiary of Xiangsheng Group and Zhejiang Zhongyi Group to develop a mixed-use property project in Cixi City, Zhejiang Province, sources reported.Greentown will hold a 60% stake and inject RMB 58.8 million in the JV, whose estimated registered capital will be RMB 98 million. The RMB 200-million property project will cover 131,800 square meters (sq m) and will be completed in September 2012. In addition, Greentown on Jul. 7 announced that its wholly-owned subsidiary, Greentown Real Estate, has set up a JV with Yuedu Investment, a subsidiary of Zhuji City State Asset Supervision and Administration Committee. Greentown Real Estate acquired a 90% stake for RMB 270 million. At the end of last year, Greentown Real Estate paid Yuedu Investment RMB 130 million to establish the JV. In September, Greentown Real Estate will inject another RMB 150 million into the JV, brining its total investment to RMB 550 million. The funds will be used to purchase some land lots from Yuedu Investment.The lots, located in Zhuji City, Zhejiang Province, have a combined potential floor area of 735,000 sq m will cost RMB 2.72 billion in total. Copyright © 2009 http://www.chinaknowledge.comin stock kitchen cabinets 現金化 比較 北京翻译公司 refractories castable 风机 弹簧 苏州物流公司 monolithic refractories 离心风机

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China stocks rebound as loan data beats deflationPublished: 10 Mar 2009 00:01:22 PST * Deflation unlikely to be prolonged * Loan growth may support continued flows into stocks * But turnover shrinks to one-month low * China COSCO jumps after Baltic freight index climbs * Vanke falls after 2008 results, February price data SHANGHAI, March 10 – Chinese stocks rebounded onTuesday as strong loan data outweighed news that China hadslipped into deflation for the first time in over six years. The National Bureau of Statistics said on Tuesday that newyuan lending by Chinese banks remained very high at above 1trillion yuan ($146 billion) in February, though down fromJanuary’s huge 1.62 trillion yuan. This kept alive hopes for an early economic recovery andsuggested potential fund supply to the stock market would remainample. Some of the money from January’s lending surge, much of itraised via short-term corporate bill financing, went to buystocks, helping to trigger a market rally in early February. The government also said consumer prices fell 1.6 percent inthe year to February; producer prices tumbled 4.5 percent. Butthe consumer price drop was in line with the market’sexpectations and was to a large degree due to volatile foodprices and seasonal factors. Bond traders and analysts said that while another few monthsof deflation were possible, China remained unlikely to face aprolonged bout of falling prices. The Shanghai Composite Index, which had tumbled 3.39 percenton Monday, ended Tuesday up 1.88 percent at 2,158.568 points,just off the day’s high of 2,159.268. Gaining Shanghai A sharesoutnumbered losers by 844 to 96. Shipping giant China COSCO jumped its 10 percent daily limitto 10.76 yuan on a late wave of buying, after the BalticExchange’s main sea freight index hit a year-high on Monday. But turnover in Shanghai A shares shrank to 69.0 billionyuan, its lowest for a month, from Monday’s 103.5 billion. Thissuggested many investors had pulled out of stocks, after a rallylast week triggered by hopes for positive policy news during thecurrent session of parliament, which ends late this week. Some investors speculated that the government would formallyexpand the size of its 4 trillion yuan economic stimulusprogramme during the session, but this has not happened. ”This is basically just a slight rebound after the fall onMonday — the small turnover shows investors are cautious, sincethey need more time and more data to get a clear picture of theeconomy,” said Chen Jinren, analyst at Huatai Securities. Analyst Chen Shaodan at Stockfly Securities said the indexmight drift down to strong technical support at 2,000 points ifturnover did not pick up. EARNINGS China Eastern Airlines climbed 3.54 percent to 4.68 yuanafter official media quoted its deputy general manager as sayingits parent group was likely to receive a further capitalinjection of 2 billion yuan from the government, although anothersenior executive denied the reports. Non-ferrous metal producers outperformed as copper pricesrose globally; Western Mining gained 2.41 percent to 8.49 yuandespite saying its net profit plunged 67 percent in 2008. But the reporting season for 2008 corporate earnings panoramic elevator lithium polymer 滤油机 refractories china 超声波清洗机 工作流 外墙清洗 ビジネスローン kitchen accessories

China Li plastic bag making machine fe reaps RMB 254.7 bln in premium income in Jan-Oct China Li plastic bag making machine fe reaps RMB 254.7 bln in premium income in Jan-Oct
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China Life reaps RMB 254.7 bln in premium income in Jan-OctPublished: 18 Nov 2009 23:25:49 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 19, 2009 (China Knowledge) – China Life Insurance Co Ltd<601628><2628><LFC>, the country’s largest life insurance company, on Tuesday said that its unaudited premium income reached RMB 254.7 billion in the first ten months of this year, according to its filing with the Shanghai Stock Exchange. The figure indicates a year-on-year decline of 3.81%, compared with RMB 264.8 billion it had earned for the same period of last year. In October alone, China Life, which is 72% held by state-owned China Life Insurance (Group) Co, realized RMB 17.4 billion in premium income, up 7.4% from a year earlier. The life insurer recorded RMB 13.92 billion in net profit in the first half of this year, reflecting a year-on-year growth of 29.22%. Earnings per share were RMB 0.49, according to the interim report filed with the Shanghai Stock Exchange.Copyright © 2009 http://www.chinaknowledge.comクレジット 現金化 lithium battery 外国為替 passenger elevator 超声波 工作流 乳化机 激光打标机 bathroom vanities

WRAPUP 2 ahappydeal scam -China restates growth goal, silent on extra stimulus WRAPUP 2 ahappydeal scam -China restates growth goal, silent on extra stimulus
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WRAPUP 2-China restates growth goal, silent on extra stimulusPublished: 04 Mar 2009 22:30:30 PST * Premier Wen reaffirms 8 pct growth goal for 2009 * No mention of increase in fiscal stimulus package * Budget gap projected at within 3 pct of GDP BEIJING, March 5 – Premier Wen Jiabao said Chinawould ramp up its budget deficit to hit the government’scoveted 8 percent growth target but did not make theannouncement markets had craved of an increase in its 4trillion yuan ($585 billion) economic stimulus plan. In his annual work report on Thursday to the NationalPeople’s Congress, the largely ceremonial parliament, Wen saidthe 2009 growth goal was realistic despite a deepening globalfinancial crisis. ”It needs to be stressed that in projecting the GDP growthtarget at 8 percent, we have taken into consideration both ourneed and ability to sustain development in China,” he said. ”As long as we adopt the right policies and appropriatemeasures and implement them effectively, we will be able toachieve this target.” Global markets soared on Wednesday on speculation that Wenwould add to the stimulus plan unveiled in November to head offa rise in unemployment that could threaten the social stabilityprized by the ruling Communist party. Wen said China’s budget deficit this year — 950 billionyuan — would jump to almost 3 percent of national income from0.4 percent in 2008. By comparison, the United States isplanning for a deficit of 12.3 percent of GDP this year. Investment spending, covering everything from railways toaffordable housing, will double; outlays on health care willrise 38 percent; and spending on the social safety net andemployment will go up 22 percent, according to the 2009 budget. But Wen announced no increase in the 4 trillion yuan pricetag of November’s pump-priming package to revive the world’sthird-largest economy, which has been hit by a slump in demandfor its exports. KEEPING THE POWDER DRY Economists said they still expected Beijing to ramp upspending if need be. ”Obviously they’re looking at a global economy that everyday gets worse, so they might have decided to keep the extraspending in their pockets,” said Stephen Green, head of Chinaresearch at Standard Chartered Bank in Shanghai. Green noted that the first investment projects to befinanced under the stimulus plan are only now being rolled out.”So maybe we need to wait until the second quarter and see howit pans out. They have more ammunition if they need it,” hesaid. Jia Kang, a researcher at the Ministry of Finance, agreed. ”China may have to widen the fiscal deficit further if theeconomic situation continues to be weak in the second quarter,”Jia told reporters. Shanghai stocks displayed no disappointment that Wen didnot boost the spending package. The main index ended themorning up 1.8 percent. Balancing optimism with caution, Wen said China facedunprecedented difficulties and challenges due to the worldwidefinancial crisis, which he said is still getting worse. ”Demand continues to shrink on international markets; thetrend toward global deflation is obvious; and tradeprotectionism is resurging. The external economic environmenthas become more serious, and uncertaint门禁 lithium polymer 外国為替 激光切割机 物流公司 弹簧 乳化机 纯水设备 kitchen cabinets wholesale

Reuters Terminal block Summit-UPDATE 1-America Movil sees data business growing Reuters Terminal block Summit-UPDATE 1-America Movil sees data business growing
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Reuters Summit-UPDATE 1-America Movil sees data business growingPublished: 05 May 2009 17:48:57 PST * 3G services to become key revenue driver * China loan to buy equipment * America Movil will buy back shares to create value * Shares down 0.64 percent to 23.46 pesos (Adds details about loan, buybacks) MEXICO CITY, May 5 – America Movil, Latin America’sleading mobile telephone operator, expects email and Internetbrowsing to make up about a quarter of its overall revenue withinthree years, Chief Financial Officer Carlos Garcia-Moreno said onTuesday. Increasingly affordable and sophisticated mobile telephoneswill let even low-income clients in Latin America surf theInternet or check their email while on the go, Garcia-Moreno said,speaking at the Reuters Latin American Investment Summit in MexicoCity. Mexico City-based America Movil, which surprised investorslast month with strong quarterly results and subscriber additionsdespite tough world economic conditions, is betting hard on its 3Gservices, available in the 18 countries where it operates. America Movil, part of the empire of Mexican billionaireCarlos Slim, will use a $1 billion loan it recently got from ChinaDevelopment Bank to buy from China’s largest telecoms equipmentmaker, Huawei Technologies. Garcia-Moreno added the company is keen to buy back more ofits stock this year. ”With the stock so cheap, what makes the most sense forgenerating value for our shareholders is to buy back our ownshares,” he said. After steep losses in October last year as the world creditcrisis hit financial markets, America Movil’s stock is up 13percent in 2009, outperforming a less than 3 percent gain inMexico’s IPC benchmark stock index. The company’s shares were down0.64 percent to 23.46 pesos on Tuesday. oa办公系统 lithium battery 北京翻译公司 XP系统下载 蝶阀 Rift platinum 老房子 現金化 cheap kitchen cabinets

Hang Sen Children Education Toy g Index opens 157 points higher on Wed Hang Sen Children Education Toy g Index opens 157 points higher on Wed
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Hang Seng Index opens 157 points higher on WedPublished: 14 Jul 2009 20:11:51 PSTTop 5 News From ChinaKnowledge.comChina’s fiscal revenue rose 19.6% in JuneAcer to launch Android/XP netbook in Aug: reportHuayi Electric to set up wind turbine manufacturing baseChinese stocks open 0.26% higher on WedHang Seng Index opens 157 points higher on WedJul. 15, 2009 (China Knowledge) – Hong Kong stocks rose on Wednesday morning, with the benchmark Hang Seng Index opening 157 points higher at 18,043.The Hang Seng China Enterprise Index, which tracks the overall performance of 43 mainland Chinese state-owned enterprises on the Hong Kong Stock Exchange, opened 89 points higher at 10,741. Shenzhen Expressway Co Ltd<600548><0548> rose 1.06% to HK$3.8. Jiangsu Expressway Company Ltd<600377><0177> swelled 0.33% to HK$6.01. Sichuan Expressway Company Ltd<0107> swelled 1.59% to HK$3.2. Anhui Expressway Company Ltd<600012><0995> remained unchanged at HK$4.36. Zhejiang Expressway Co Ltd<0576> rose 1.14% to HK$7.07. Copyright © 2009 http://www.chinaknowledge.com深圳装修 办公室装修 skateboard bearings クレジットカード 現金化 口コミ 管理咨询 現金化 CFD 老房子 kitchen cabinets

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Hang Seng Index opens 157 points higher on WedPublished: 14 Jul 2009 20:11:51 PSTTop 5 News From ChinaKnowledge.comChina’s fiscal revenue rose 19.6% in JuneAcer to launch Android/XP netbook in Aug: reportHuayi Electric to set up wind turbine manufacturing baseChinese stocks open 0.26% higher on WedHang Seng Index opens 157 points higher on WedJul. 15, 2009 (China Knowledge) – Hong Kong stocks rose on Wednesday morning, with the benchmark Hang Seng Index opening 157 points higher at 18,043.The Hang Seng China Enterprise Index, which tracks the overall performance of 43 mainland Chinese state-owned enterprises on the Hong Kong Stock Exchange, opened 89 points higher at 10,741. Shenzhen Expressway Co Ltd<600548><0548> rose 1.06% to HK$3.8. Jiangsu Expressway Company Ltd<600377><0177> swelled 0.33% to HK$6.01. Sichuan Expressway Company Ltd<0107> swelled 1.59% to HK$3.2. Anhui Expressway Company Ltd<600012><0995> remained unchanged at HK$4.36. Zhejiang Expressway Co Ltd<0576> rose 1.14% to HK$7.07. Copyright © 2009 http://www.chinaknowledge.com深圳装修 办公室装修 skateboard bearings クレジットカード 現金化 口コミ 管理咨询 現金化 CFD 老房子 kitchen cabinets

China Te jacket dress lecom’s profit down 27.4% in Q1 China Te jacket dress lecom’s profit down 27.4% in Q1
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China Telecom’s profit down 27.4% in Q1Published: 21 Apr 2009 00:11:35 PSTApr. 21, 2009 (China Knowledge) – China Telecom<728><CHA>, the nation’s largest fixed-line operator, announced that its net profit plunged 27.4% compared with a year earlier to RMB 4.7 billion in the first quarter of 2009 due to the waning demand for fixed-line services. The company’s fixed-line accounts decreased 4.35 million to 204 million from January to March, and profits plunged in spite of increased revenues and a growing number of customers. The Beijing-based company earned operating revenue of RMB 50.89 billion for the first three months of 2009, representing a year-on-year growth of 14.9%.China Telecom’s mobile phone customers increased 4.93 million in the first quarter, reversing the customer loss in the fourth quarter of last year after the CDMA business acquisition. China Telecom said in the financial statement that it will integrate its fixed and mobile networks and take advantage of CDMA technology for business innovation to increase the company’s value. Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News深圳福田搬家公司 厂房装修 miniature bearings 网络电话 lithium polymer 被リンク CFD 換金 クレジットカード ショッピング 現金化

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Taobao.com says no to fake productsPublished: 19 Feb 2009 17:36:25 PSTFeb. 19, 2009 (China Knowledge) – Taobao.com, an online auction website unit of China’s leading e-commerce company Alibaba Group, has recently launched a series of new measures to prevent sellers from selling fake products online, sources reported.Taobao will team up with local commerce bureaus in this anti-fake products campaign. The auction website will permanently disable the accounts of users whose online stores are found selling fake products.The website has also implemented automatic and manual checks on products sold on Taobao.com. Moreover, the website encourages its consumers to report fake products.Meanwhile, Taobao.com also unveiled a plan to protect consumers’ rights. Consumers may ask for refunds within two weeks if the products they buy had quality problems. Taobao.com earlier said in an announcement that its transaction volume surged to RMB 99.96 billion (US$14.6 billion) in 2008, up 131% from previous year, facilitated by increased access to the Internet in the country.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News电炉 深圳装饰公司 elevator manufacturer 北京翻译公司 surge arrester 短信群发 MBA 烘箱 FX 初心者

Neusoft slitting machine intends to merge with DHC of Dalian Neusoft slitting machine intends to merge with DHC of Dalian
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Neusoft intends to merge with DHC of DalianPublished: 17 Feb 2009 00:00:00 PSTFeb. 17, 2009 (China Knowledge) – Neusoft Corporation<600718>, a Chinese software company, will merge with Dalian Hi-Think Computer Technology Corp (DHC) in a major asset reorganization. Meanwhile, shares of Neusoft are suspended on the Shanghai Stock Exchange starting today.People familiar with the deal revealed that DHC’s original plan was to list independently, but due to the negative impact of the financial crisis on its business, DHC withdrew the listing plan and opted for a merger and acquisition (M&A) move.Because both Neusoft and DHC focus on providing software outsourcing services to Japan, the move will benefit Neusoft’s international software outsourcing business.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News深圳搬家 深圳罗湖搬家 passenger elevator 冷热冲击试验机 Aloe vera lithium batteries 电磁流量计 クレジットカード 現金化 lithium battery

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Poly HK’s contracted sales revenue for Jan-Oct hits RMB 7 blnPublished: 09 Nov 2009 17:58:52 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 10, 2009 (China Knowledge) – Poly (Hong Kong) Investments Ltd<0119>, a subsidiary of China Poly Group Corp, announced yesterday that its contracted sales revenue was RMB 7 billion in the first ten months of this year.The Hong Kong-listed developer said in a statement published on its website that gross floor area sold during the period reached 1.1 million sq m.The company did not give any comparative figures. Xue Ming, Managing Director of Poly (Hong Kong) said that the firm booked remarkable sales since the start of the year and has seen steady sales during the past three months even though the real estate market as a whole saw a downward sales trend on concerns over a possible tightening of financing regulations by the Chinese government for the purchase of second homes.In mid-October, the company raised US$395 million by issuing 380 million new shares at HK$8.10 apiece, according to an earlier report from China Knowledge.Shares of Poly (Hong Kong) rose 6.31% to end at HK$9.77 yesterday.Copyright © 2009 http://www.chinaknowledge.com深圳搬家公司 深圳南山搬家公司 china elevator 深圳装饰公司 外汇交易 有机玻璃 电磁流量计 ショッピング枠 現金化 car sun shades

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Govt to check real estatePublished: 14 Dec 2009 12:02:03 PSTThe State Council said Monday that it will take measures to rein in excessive growth in property prices in some cities, without mentioning the specific cities.The authority said after a regular meeting presided over by Premier Wen Jiabao that while keeping its policies consistent and steady, it will seek to speed up building houses for the low-income population, aiming to help 15.4 million more poor households solve their housing problems by 2012.It said that the government will reinforce regulations and stabilize market expectations.The government agency announced last week that a sale tax break on homes bought over two years before will expire and the full taxation period will return to five years from the start of the next year.Xinhua/Global Times Explore the World, Understand China!Please log on http://www.gloaltimes.cn深圳搬家公司 car sun shades 競馬新聞 深圳装修公司 Superannuation lithium batteries 外匯買賣 翻译公司 car sun shades

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Shenzhen stays ahead in Chinese exportsPublished: 19 Jan 2009 00:00:00 PSTJan. 19, 2009 (China Knowledge) – Exports of Shenzhen, a city in South China’s Guangdong province, rose 6.6% year on year to US$179.72 billion in 2008, accounting for one seventh of China’s total exports and ranks the top among major Chinese cities for 16 years, according to the Shenzhen Customs.The export of machinery and electronic products in 2008 increased 11.5% to US $138.37 billion, which makes up 77% of Shenzhen’s total. The US$138.37 billion includes US$76.63 billion of electrical appliances and electronic products exports and US$90 billion of New and hi-tech product exports, representing an increment of 15.8% and 13.5% respectively from a year earlier. The total volume of imports and exports increased 4.3% over the previous year to US$299.96 billion.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News自清洗过滤器 风机 競馬 キャバクラ 求人 キャバクラ 大阪 深圳厂房装修 外匯買賣 冷热冲击试验箱 kitchen cabinetry

Chinese iron oxide stocks up 0.28% in the morning session Chinese iron oxide stocks up 0.28% in the morning session
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Chinese stocks up 0.28% in the morning sessionPublished: 11 Jan 2009 21:45:46 PSTJan. 9, 2009 (China Knowledge) – Chinese stocks ended slightly higher in the morning trading session on Friday.The Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, gained 0.28% or 5.34 points to close at 1,883.52 points in the morning session.The Shenzhen Component Index on the smaller Shenzhen Stock Exchange expanded 0.12% or 7.69 points to stand at 6,624.67 points.Market heavy weight PetroChina<601857><857><PTR>, the nation’s top oil producer, dropped 0.20 to close at RMB 10.15, while Asia’s largest oil refiner Sinopec<600028><386><SNP> lost 1.12% to RMB 7.06.The Industrial and Commercial Bank of China (ICBC)<601398><1398>, the largest of China’s Big Four state-owned banks by market value, ended flat to close at RMB 3.65. While another Big Four bank, China Construction Bank (CCB)<601939><939> rose 0.27% to RMB 3. 73.China Life Insurance Co Ltd<601628><2628><LFC>, the country’s largest life insurance company, went up 0.63% to RMB 19.25, while Ping An Insurance (Group) Co<601318><2318>, China’s second-largest insurer, added 0.21% to RMB 23.95.Haitong Securities Co Ltd<600837> expanded 0.22% to close at RMB 9.28. CITIC Securities Co. Ltd<600030>, the country’s most profitable brokerage, decreased 0.21% to RMB 18.94. Changjiang Securities Co. Ltd<000783> rose 0.87% to close at RMB 9.23. Guoyuan Securities Co Ltd<000728> grew 0.99% to close at RMB 11.23. Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News喷嘴 除湿机 launch x431 diagun キャバクラ 求人 furniture legs 深圳装修公司 翻译公司 联轴器 rta kitchen cabinets

UPDATE 2 rabbit vibrators -China’s SRB buys 100,000 T of zinc from smelters UPDATE 2 rabbit vibrators -China’s SRB buys 100,000 T of zinc from smelters
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UPDATE 2-China’s SRB buys 100,000 T of zinc from smeltersPublished: 25 Feb 2009 02:30:53 PST * Second purchase in two months, bought 59,000 tonnes inJan * Prices are more than 9 percent higher than spot values * Purchase seen supporting local prices, bringing imports (Adds comment, background and SRB’s aluminium purchases) HONG KONG, Feb 25 – China’s State Reserves Bureaubought 100,000 tonnes of refined zinc on Wednesday, smeltersources said, a move that may boost domestic prices in theshort run but make only a small dent on the global glut of themetal. The SRB, which builds and manages commodity reserves forthe government, is expected to buy another 100,000 tonnes inApril or May, the smelter sources said. The purchase, at 11,450-11,500 yuan ($1,676-$1,684) pertonne from eight local smelters, was the second in less thantwo months after it spent bought 59,000 tonnes at 11,800 yuan atonne in January. While it is equivalent to about a quarter of combinedLondon and Shanghai exchange stocks, analysts doubted thepurchase would have much long-term impact in the face ofslumping demand. ”The SRB bought so much this time, about a third of China’smonthly production,” said Judy Zhu, commodity analyst atStandard Chartered Bank (China) Ltd. ”The purchase will bepositive for local prices in the short term.” But she said the buy was unlikely to turn around prices onthe London Metal Exchange (LME). ”The LME is a global market and is moved mostly by globalsupply and demand. If the SRB could affect the prices, the LMEshould have reflected that before the purchase,” Zhu said. Smelter sources said the eight zinc smelters had been keento sell more to the SRB at the Wednesday’s meeting due toconcerns over lower prices. ”We sold more to the SRB this time as we are worried thatprices may fall soon on the poor economy,” said a source at oneof the eight smelters. ”Demand is not good.” The global zinc market was in surplus by 195,000 tonnes in2008, the Lisbon-based International Lead and Zinc StudyGroup’s (ILZSG) monthly bulletin showed. The prices were more than 9 percent higher than spot valuesin Shanghai on Wednesday, compared with 3.5 percent higher whenit made the first purchase in January. ”The average selling price was 11,497 yuan, with mostsmelters having sold at 11,500 yuan and one smelter at 11,450yuan,” said another smelter source. Shanghai zinc futures were up more than 2 percent by earlyafternoon, at 10,345 yuan a tonne, after the SRB news. By 0610GMT, benchmark three-month LME metal was up 1 percent fromTuesday’s London close of $1,129 per tonne. The eight smelters, including Huludao Zinc Industry Co Ltd,Zhuzhou Smelter Group Co Ltd, Henan Yuguang Gold & Lead Co Ltd,Baiyin Nonferrous, Yunnan Chihong Zinc & Germanium Co Ltd andShenzhen Zhongjin Lingnan Nonfemet Co Ltd, are required todeliver the metal to SRB’s warehouses before the end of April. Chinese zinc prices stayed firm after the January statepurchase, the first buy to help zinc smelters. But strong local prices have encouraged merchants to importspot refined zinc into the world’s top producer of the metal.Imports in January surged 306 percent from a year earlier and278 percent from December to 12,498 tonnes. 工作流 减速机 autoboss V30 冷热冲击试验机 Share trading Aloe vera FAX DM lipo battery ready to assemble kitchen cabinets

PBOC sel flashlight ls RMB 75 bln in 3-month bills on Thu PBOC sel flashlight ls RMB 75 bln in 3-month bills on Thu
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PBOC sells RMB 75 bln in 3-month bills on ThuPublished: 15 Apr 2009 18:38:12 PSTApr. 16, 2009 (China Knowledge) – The People’s Bank of China (PBOC), the central bank, will issue up to RMB 75 billion worth of three-month bills in its regular open-market operation on Thursday. The size of the issuance is smaller than the RMB 95 billion worth of bills sold last Thursday. PBOC issued RMB 140 billion in 28-day and 91-day repos in the regular open-market operations on Tuesday, according to China Knowledge’s earlier report. A total of RMB 197 billion in central bank bills and repos is due to mature this week. Last week, the central bank drained RMB 60 billion from the money market through its open-market operations, sources said.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News弹簧 除湿机 solid wood kitchen cabinets クレジットカード 現金化 口コミ 搅拌机 ショッピング枠現金化 washing machine spare parts クレジットカード 現金化 比較 RTA cabinets

Sales of Plug valve Chery in February 2009 (by model) Sales of Plug valve Chery in February 2009 (by model)
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Zhongtai pcb relay Chemical to invest RMB 15 bln to build chemical base Zhongtai pcb relay Chemical to invest RMB 15 bln to build chemical base
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Zhongtai Chemical to invest RMB 15 bln to build chemical basePublished: 16 Aug 2009 19:30:02 PSTTop 5 News From ChinaKnowledge.comBlackstone, Goldman Sachs mull investment firms in ChinaChina Life’s insurance premiums hit RMB 191.1 bln in Jan-JulChina Coal Energy’s output up 33.5% in JulyFiat’s China JV to produce Linea sedans in 2011Sun Qin appointed as CEO of China National NuclearAug. 17, 2009 (China Knowledge) – Xinjiang Zhongtai Chemical Co Ltd<002092> plans to invest a total of RMB 15 billion in Fukang, a city in Xinjiang Uyghur Autonomous Region, to build a chemical industrial base there, according to an announcement Zhongtai Chemical filed with the Shenzhen Stock Exchange.The funds will mainly come from the company’s internal resources and bank loans, according to the feasibility study report. Zhongtai Chemical has already submitted the project proposal to the local Development and Reform Committee.The project will help enhance Zhongtai Chemical’s competitive strength and expand production capacity, according to the company’s statement.The project will be carried out in four phases in five years. The first phase will have a total investment of RMB 3.61 billion, including one 400,000-ton PVC project and an ionic membrane caustic soda project. The Phase I project is expected to start construction in 2010 and become operational in 2011. Another RMB 11.4 billion will be used for the second, third and fourth phases. Upon the completion of all the phases, it will have a capacity of 1.6 million tons of PVC, 1.2 million tons of ionic membrane caustic soda, as well as a thermal power generating plant.Copyright © 2009 http://www.chinaknowledge.com港澳游 キャバクラ 京都 カード 現金化 比較 lithium batteries ツーショットダイヤル 苏州货运公司 kitchen cabinets for sale クレジットカード現金化 dental bearings 超声波清洗机

Repsol d jupe en cuir enies planning US$17-bln deal with CNOOC, CNPC Repsol d jupe en cuir enies planning US$17-bln deal with CNOOC, CNPC
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Repsol denies planning US$17-bln deal with CNOOC, CNPCPublished: 10 Aug 2009 21:51:05 PSTTop 5 News From ChinaKnowledge.comDuke Energy, Huaneng Group ink renewable energy MOUCNPC to invest RMB 3 bln in coal gas developmentZijin Mining H1 net profit up 11%Hang Seng Bank may increase investment in mainland ChinaChina Everbright Bank’s H1 net profit hits RMB 3.43 blnAug. 11, 2009 (China Knowledge) – Spanish oil giant Repsol YPF SA on Aug. 10 denied that it held a meeting on Jul. 30 with China National Offshore Oil Corp and China National Petroleum Corp to sell a 100% stake in its Argentine unit YPF SA for upwards of US$17 billion, sources reported. Kristian Rix, spokesman of Repsol, yesterday said the company did not receive an offer for YPF. The two Chinese oil giants declined to comment. In June, Repsol said publicly that it had received many proposals but no firm offers for YPF.On Jul. 30, Miguel Martinez, chief operating officer of Repsol, said that the firm plans to sell a partial stake in the Argentine unit but did not mention any specific price. Any deal would need approval from the Argentine government and any firm that wants to own YPF will face the tough problem of falling production at YPF. By the end of last year, YPF’s proven natural gas reserves hit 377 billion cubic feet, whereas it had 459 billion cu ft in 2006. The proven oil reserves were 137 million tons at the end of 2008 compared with 163 million tons at the end of 2006, sources reported. Copyright © 2009 http://www.chinaknowledge.com港澳游 air conditioner motor 热处理设备 OA テレクラ 风机箱 苏州超声波清洗设备 冷热冲击试验箱 实验室家具 超声波

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