China Financial Daily

September 22, 2008

Industry

Filed under: Financial News — Tags: , , , , — Nancy @ 7:33 pm -0700

China National Petroleum Group has a holdings of 6,000 shares in oil shares
Xinhua News: China National Petroleum Corporation announced, that on 22nd, by the Shanghai Stock Exchange Trading System way it bought holdings of the China National Petroleum Co., Ltd. 6000 million shares.

Experts in China’s Academy of Social Sciences predict that we will go into the cycle of rising wages
Academy of Social Sciences, Li Yang, director of the Institute of Finance yesterday at the forum of the “interests of the global adjustment in China’s macro-financial risks” said, that in the long term China will definitely not happen long-term price inflation.

SOHO, a loss of 100 million in China for half a year, so Pan Shiyi said,we ride to work as much as possible
“We want every link in the economy, to work will be able to ride than drive a car, starting from me.” Last Friday in a letter, “addressed to all my colleagues in the SOHO China”, SOHO China (00410.HK) director Pan Shiyi,wrote.

Vanke Nanjing avoid “a price for a suit” policy of Nanjing, so owners closed the doors of 2 ways
During more than three months, after a multi-way talks like a saw, when the fact of the price of Vanke event appeared clear step by step, Vanke, the owners and the Government entered a stalemate on the contrary, the incident is still no breakthrough.

Wu Xiaoling said the reserve rate cut has no space
“The reserve ratio has no room for reduction.” NPC Financial and Economic Committee, vice chairman, former central bank vice governor Wu Xiaoling a few days ago, at “China and the EU in 2008 – Huaan Ruizhi Salon” made their judgments on the current monetary policy.

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