China Financial Daily

September 2, 2008

Latest News in China

Filed under: Financial News — Tags: , — Nancy @ 6:29 pm -0700

30% Net Profit in the First Half Year of China Merchants Holdings International

China Merchants Holdings International announced the achievement in the first half year of 2008 on September 2, 2008; compared with the same period last year, the net profit of the company increased 32.8 percent to 2.019 billion Hong Kong dollars.

 

Influence of Hurricane is weakening

Oil prices fell to the low point in recent five months

Because the strength of hurricane “Gustave” is weakening and passes oil-producing areas in American Mexico Gulf in comparably “gentle” way, the international oil prices continue to decline on September 2, 2008.

 

2008 Most Popular Electronic Appliances

The campaign of public appraisal for 2008 most popular electronic appliances has been announced. The Geli King Series, Meiling Athena Series, and TCL series of eye protection products got the title of the gold medals.

 

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September 1, 2008

New Provisions in China

Filed under: Financial News — Tags: , , , — Nancy @ 7:34 pm -0700

New Standard of Fund Disclosure

The Securities Regulatory Commission issued two new regulatory documents to further standardize and promote the information disclosure works in fund industry

 

Securities Regulatory Commission asks for Advice

The Securities Regulatory Commission asks for advice from the public to comprehensively update and improve the system of securities brokers.

 

State Administration of Taxation: Tax-exemption Condition

State Administration of Taxation states that the companies, which are in line with the conditions, directly invest in resident enterprises, while the investment income obtained by them could be exempted the tax.

 

Price Decline of Primary Products and Production Goods

The prices of primary products continue to decline, whereas our national production goods prices are continuous to reduce in the seventh weeks.

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