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August 31, 2008

Half Year Report Disclosure

Filed under: Financial News — Tags: , , — Nancy @ 7:21 pm -0700

End of Half Year Report Disclosure in Shanghai and Shenzhen Exchange Markets

Half year report disclosure had formally ended. From the statistics, the weighted average earnings for per share in two markets still has 0.23 Yuan, which creates the new high of the profit for per share in recent half year. Among which, overall profits of Shanghai companies create the new high in the history while the earning for per share of main-board companies in Shenzhen exchange market creates the new high.

 

Half Year Report: 80 Listed Companies increased 20% compared with the Previous Two Quarters

The half year reports of 87 listed companies have ended on August 30. Under the influence of currency deflation, export decrease and other disadvantage factors, there are 80 listed companies increased 20% compared with the previous two quarters.

 

Futures Business Departments Increase to 110

In this year, there are 110 futures business departments having prepared to construct, of which 43 departments have the brokerage background.

 

 

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August 30, 2008

Top 500 of Chinese Enterprises in 2008

Top 500 of Chinese Enterprises in 2008

Top 500 of 2008 Chinese enterprises has been issued. With over 1.2 trillion Yuan operating income China Petroleum and Chemical Industry ranks the first place of top list again. State Grid and China National Petroleum Corporation ranks the second and third places of the top list.

 

Great Distance between Top 500 Chinese Enterprises and Top 500 Worldwide Enterprises

From the perspective of status quo in our domestic enterprises, there are great distances to the top 500 worldwide enterprises, such as: scale, labor productivity, profit capability, etc.

 

2008 Top 500 Enterprises in China

First: China Petroleum and Chemical Industry (1227863220 thousand Yuan Operating Income)

Second: State Grid Corporation of China (1010732540 thousand Yuan Operating Income)

Third: China National Petroleum Corporation (1000677270 thousand Yuan Operating Income)

Fourth: Commercial & Industrial Bank of China (390034000 thousand Yuan Operating Income)

Fifth: China Mobile (357905060 thousand Yuan Operating Income)

Sixth: China Life Insurance (330404220 thousand Yuan Operating Income)

Seventh: Construction Bank of China (314183000 thousand Yuan Operating Income)

Eighth: Bank of China (310049000 thousand Yuan Operating Income)

Ninth: Agricultural Bank of China (259057000 thousand Yuan Operating Income)

Tenth: China South Grid Co,. Ltd. (257550160 thousand Yuan Operating Income)

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August 29, 2008

Continuous Decline of Shanghai Index

Filed under: Financial News — Tags: , , — Nancy @ 10:24 am -0700

Shanghai Index Continues to Decline in the Fifth Week

The trading volume in Shanghai Stock Market this week is only 160.944 billion Yuan, while the market has no power to increase and fluctuates around 2300 points.

 

The International Industrial Environment Analysis of Aluminum Development

1.      The world aluminum industry enters into the adjustment period, while the primary aluminum products transfer into the raw material-producing countries.

2.      In the recent years, the overplus of aluminum products supply causes the quick reduction of aluminum prices.

 

The Weak Profit of Samsung Electronics

The Profit of Samsung Electronics is bleak while the return of Q3, Q4 will be weaker than expectation, which is caused by the downturn of the global economy.

 

China Enters into the Warning Period for Energy Sources;

Where is the Way of Chemical Industry?

Since 2008, the future expectation is under the shadow of high increase of international crude oil prices. The international crude oil prices repeatedly breaks new high; under such background, seeking one kind of new energy to replace the oil became the unprecedented and common task for mankind.

 

Hang Seng Index Increases 869 Points in One Week

The Hong Kong stock rebounded to 21000 points this week; whereas the Hang Seng Index increases 869 points this week and have 4.27 percent increase. On Friday, the market closes with 21,261 points, which has 58.9 billion Hong Kong dollars for averagely daily trading volume.

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