China Financial Daily

September 23, 2008

New Developments Around Us

Filed under: Financial News — Tags: , , , , , , , — Nancy @ 8:16 pm -0700

Olympic became the reform and opening-up 30-year history of the development of New Standard

 “The Olympic day is when the Chinese take off!” A century ago, a famous patriotic educator Zhang Boling had predicted. Many “Olympic-related” has become a topic of members on behalf of the two-meeting and a focus of discussion.

July export price index fell with a record high imports

A few days ago, a report issued by the General Administration of Customs showed that in July this year, China’s export price index was 108.5, down than June over 2.6 percentage points; imported goods price index was 121.9, higher 1.8 percent than in June, raise 0.1 percentage points than the previous period April, which is a record high.
Nestle has begun to recover melamine milk of Hong Kong and replaced

Nestle to ensure that Chinese consumers with high quality security products

Statement: Nestle firm is fully confident in our products and believe that our all Chinese products didn’t use melamine-doped milk.

Gao Xiqing will be in charge of the SFC, discussing the through-train of Hong Kong stocks

According to sources close to the China Securities Regulatory Commission’s high-level sources, the SFC is going to re-start the discussion of Hong Kong equities through the program, saying that Gao Xiqing in the general manager may take over the post of Chairman of the SFC.

Coca-Cola bought back Huiyuan: Wahaha may become a victim

 “Daily News” yesterday from the Coca-Cola Company informed that the company has submitted antitrust review materials about acquiring Huiyuan to the Ministry of Commerce. At the same time, several juice companies signed a letter, calling on the Ministry of Commerce holding a hearing on the acquisition.

Other News:

A: China National Petroleum Group yesterday increased to hold 60 million shares of China Petroleum; and they would increase to hold less than 2% of China Petroleum within the next 12 months. This marks that the central enterprises begin to increase the holdings and buy back shares, while the act of stabilizing the stock in China has been started.

B:The stock market remains to be weak, so the bank deposit has been the first choice for citizen.

C:The prosperity of domestic orders is also appearing the great decline in this quarter, which creates the largest decline in these ten years.

 

 

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