China Financial Daily

April 19, 2010

Shanghai stock index plunged 100 points, approaching 3000

Filed under: Financial News — Tags: , — sherry @ 1:56 am -0700

Shanghai stock index plunged 100 points, approaching 3000
News on April 19: Morning to open lower broader market down, continue to digest bad. Afternoon, the main stock index plunged 100 points, approaching the 3,000 mark integer. Short stock index futures investors get good returns two days. It has the line has reached the 3007 point, 3038 is the next track where the range is at least reasonably be expected to lead to an intraday rebound, so we do not sell into corrections broader market fell again, not to panic, because it may have ushered in after the technical bounce see the main weight.

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December 11, 2009

Most major stock markets in the Asia Pacific region rose

Filed under: Financial News — Tags: , — Nancy @ 11:52 am -0800

Most major stock markets in the Asia Pacific region rose
Mainly affected by the overnight impact of the New York stock market technical rebound in the Asia-Pacific region from 11 major stock markets were mostly higher.

The same day, Japan’s Tokyo Stock Exchange’s Nikkei 225 stock average rose 245.05 points to close at 10,107.87 points, or 2.48%. Seoul stock market composite index rose 4.17 points to close at 1656.90 points, or 0.25%. Manila, the Philippines Stock Exchange’s main index rose 24.56 points to close at 3031.13 points, or 0.82%.

Sydney, Australia Stock Exchange’s main index rose 28.5 points to close at 4635.2 points, or 0.62%. Singapore’s Straits Times Stock Index rose 18.89 points to close at 2800.75 points, or 0.68%.

In addition, Hong Kong’s Hang Seng Index rose 202.07 points to close at 21,902.11 points, or 0.93%. Chinese Taipei’s stock market-weighted index rose 117.16 points to close at 7795.07 points, or 1.53%.

However, the Bombay Stock Exchange Sensitive 30 Index fell 70.28 points to close at 17,119.03 points, down 0.41%. New Zealand’s NZX-50 index stocks fell 4.30 points to close at 3127.98 points, or 0.14%.

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December 10, 2009

Significant increases in home appliances stocks continue to implement the policy of good household appliances to the countryside

Filed under: Financial News — Tags: , — Nancy @ 2:49 am -0800

Significant increases in home appliances stocks continue to implement the policy of good household appliances to the countryside
Home appliances stocks rose significantly, on the 9th Chinese Premier Wen Jiabao chaired a State Council executive meeting, study and perfect a number of policy measures to promote consumption, the relevant policies on the formation of good home electrical appliance industries.

It was noted that household electrical appliances to the countryside will continue to implement the policy. A substantial increase in the countryside home appliances price ceiling, to further improve the standards of the countryside and methods for home appliances subsidies; provinces according to local realities co-opted into the subsidies for a variety of specifications. At the same time, household appliances trade-in pilot project by the end of May after the end of next year, to continue the implementation of this policy, and other conditions that have dismantled the ability to promote the implementation of the area.

CITIC Securities (600030) Published in 2010, said home appliance industry, investment strategy, given the appliance industry in 2009 Q4 and 2010 a quarter of rapid growth is relatively OK, valuation is expected to significantly decline; horizontal comparison A shares of various industries, household appliances net profit growth rate faster, there are still some attractive valuations.

Disk, the Hisense Electric (600060) rose 9.47%, Meiling Electrical (000521), Hefei Sanyo (600,983), deep Konka, Sichuan Changhong Electric (600839), Midea Electric Appliances (000,527) rose more than 5%.

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