en-us Copyright 2008 Chinese Stock Information Tue, 09 Feb 2010 07:05:52 +0800 http://www.chinesestock.org/logo.jpg http://www.chinesestock.org HONG Kong shares slipped to a five-month closing low yesterday, falling for a third consecutive session on mounting concern that the eurozone's debt problems will hamper the global economic recovery. The Hang Seng Index closed down 0.58 percent, or 114.19 points, at 19,550.89. The China Enterprises Index of top locally listed Chinese mainland stocks closed d... Chinesestock.org http://www.chinesestock.org Tue, 09 Feb 2010 07:04:59 +0800 SHANGHAI'S market closed lower yesterday and trading remained flat as investors remained cautious ahead of the Lunar New Year holiday. The Shanghai Composite Index dipped 0.14 percent, or 4.23 points, to close at 2,935.17. Turnover dropped to 73.2 billion yuan (US$10.7 billion) from 111 billion yuan last Friday. Gainers outnumbered losers 469 to 385, and 62 ... Chinesestock.org http://www.chinesestock.org Tue, 09 Feb 2010 07:03:42 +0800 Construction of 2010 World Expo's China Pavilion was completed this morning after two years' work. The pavilion, in the shape of an oriental crown,, showcases the spirit of traditional Chinese culture. Its main structure includes a six-layer, 30-meter-high roof made of traditional wooden brackets. The 56 brackets symbolize the nation's 56 minority ethnic... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 22:02:33 +0800 A delegation headed by Mikko Puustinen, deputy commissioner general of Finland for the 2010 World Expo, discussed the country's national day performance plan with the organizer over the weekend. Hu Jinjun, deputy director general of the Bureau of Shanghai World Expo Coordination, welcomed the delegation. Finland will celebrate its pavilion's national day... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 22:02:09 +0800 The colorful lanterns of China Pavilion and the festooned lanterns in the Yuyuan Garden are seen during the trial illumination of the 2010 Shanghai Yuyuan Garden New Spring Folklore Artistic Lanterns Fair, in downtown Shanghai, east China, yesterday. The fair features the theme protagonists of Shengxiao Tiger, China Pavilion of the World Expo, and the masco... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 22:01:49 +0800 Chen Yonghao As Shanghai plays host to World Expo 2010, the eyes of the world will be focused on this great city. Such publicity will give Dunedin, New Zealand, particular pleasure. For the past 15 years and more, Dunedin has enjoyed the special pleasures and privileges which accompany our sister city relationship with Shanghai. We are proud of our s... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 22:01:22 +0800 An auction of 11 licensed World Expo diamond and jade pieces yesterday earned a combined 21.64 million yuan (US$3.2 million). The auction attracted about 30 bidders. An anonymous bidder spent 12.6 million yuan on a blunt diamond called "the Star of World Expo." It was the most expensive item. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 22:00:28 +0800 Previous Close: US$1055.20-1055.90/Oz; HK$9768/Tael (Tael = 1.1913 ounces) Source: Thomson Reuters ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 21:47:15 +0800 Latest Change USD/HKD Spot 7.7719 +0.0007 1-year USD/HKD Forward* -163 +4 Overnight Hibor 0.02% -4 bps 1-month Hibor 0.06% Unchanged 3-month Hibor 0.30% +17 bps 1-year Hibor 0.54% Unchanged 2-year EF Note 0.50% -1 bp 10-year EF Note 2.83% -1 bp *mid-point of bid-offer spread The lack of any concrete measures at the weekend meeting of the Group of Seven to h... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 21:46:23 +0800 Vs Parity Pvs USD/CNY Central Parity 6.8273 6.8272 USD/CNY OTC 0730 GMT 6.8269 -0.01% 6.8271 High 6.8274 +0.00% Low 6.8269 -0.01% China's yuan was little changed against the U.S. dollar Monday afternoon due to a nearly flat dollar-yuan central parity rate and widespread expectations that Beijing won't let the yuan rise in the foreseeable future. Traders sai... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 21:41:58 +0800 Everpride Biopharmaceutical (HKG:8019) has proposed to change its company name to "Hao Wen Holdings Limited" to provide itself with a fresh new corporate image and identity. The company considers that the change will be in the interests of the company and its shareholders as a whole.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 21:41:18 +0800 Imagi International (HKG:0585) said Imagi Production Limited (IPL), which is the in-house arm of the company engaged in the digital production of animated films, will be applying to the Hong Kong court to appoint provisional liquidators. IPL employed a total of approximately 250 employees, who will no longer be employed by the group, except for certain speci... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 21:40:39 +0800 ePRO Limited (HKG:8086) recorded a profit attributable to equity holders of $1.502 million for six months ended 31 December 2009, compared with a loss of $2.832 million a year ago. EPS were 0.45 cent. No dividend was declared.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 21:39:37 +0800 JPMorgan Chase has increased its long position in China CITIC Bank (HKG:0998) from 592.268 million H shares (4.78%) to 623.061 million H shares (5.02%), after it bought 30.793 million H shares of the bank on February 3 at $5.31 per share on average, the Stock Exchange's SDI information shows. The shares were traded on the Stock Exchange for a total of $163.5... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 21:38:54 +0800 China National Materials (HKG:1893) (Sinoma) has agreed to acquire a 22.87% equity interest of Sinoma Changde and a 24.85% equity interest of Sinoma Xiangtan at a total consideration of RMB81.23 million (approximately $92.464 million). After the acquisitions, Sinoma Changde and Sinoma Xiangtan will become wholly owned by Sinoma. Sinoma Changde and Sinoma Xia... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:20:47 +0800 The shareholding percentage of CCB International Asset Management Limited in TC Interconnect (HKG:0515) dropped from 5.83% to 4.86% on February 3, the Stock Exchange's SDI information shows. CCB International Asset Management is a subsidiary of China Construction Bank (c). ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:20:03 +0800 Cosmos Machinery (HKG:0118) said its associate, Shenzhen Haoningda Meters, will commence trading on the Shenzhen Stock Exchange tomorrow. The associate issued 20 million A shares at RMB36.5 apiece, raising net proceeds of RMB687 million. After the listing of the associate, Cosmos Machinery still holds 51 million shares in the associate through its associate ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:19:34 +0800 The SFC announced that it has recently completed an enquiry into the shareholding of G-Vision International (HKG:0657). The findings suggested that, as at January 22, 91.78% stake in the company was held by 20 shareholders. 17 shareholders of the company held an aggregate of 328.008 million shares, representing 16.91% of the issued shares. Such shareholding,... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:18:57 +0800 The SFC announced that it has recently completed an enquiry into the shareholding of Bloomage BioTechnology (HKG:0963) and its findings suggested that, as at January 25, 98.51% stake was held by 15 shareholders. Forever Shining Holdings Limited and 12 shareholders held an aggregate of 96.743 million shares of Bloomage, representing 31.01% of the issued share... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:18:17 +0800 Kaisun Energy (HKG:8203) recorded a loss attributable to equity holders of approximately $115.956 million for the nine months ended 31 December 2009, compared with a loss of $26 million a year ago. LPS were 6.17 cents. No dividend was declared.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:14:59 +0800 China Foods Limited (HKG:0506) announced that its wholly-owned subsidiary, COFCO Foods Management, has agreed to provide, through China Construction Bank (HKG:0939), a short-term entrusted loan of RMB130 million to COFCO Junding, which will use the proceeds of the loan as working capital. RMB90 million, RMB16 million and RMB24 million of the loan shall be ma... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:09:59 +0800 Anton Oilfield Services (HKG:3337) said the unaudited net profit of the group for year 2009 is expected to decrease significantly as compared to that of 2008, which is primarily attributed to the reduction in capital expenditure and operation work volume by oil field customers in China as a result of the global financial crisis. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:00:52 +0800 China Oilfield Services (HKG:2883) said it expects the capital expenditure of the group will amount to approximately RMB8.5 billion for 2010, of which 70% will be applied towards projects already under construction. More than 90% of the heavy equipment work volume of the group has already been fixed and it expects a steady increase in work volume 2010. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 19:00:15 +0800 CH YUNNAN TIN (HKG:0263) issued profit warning and expected that the Group will record a substantial loss for the year ended 31st December, 2009 as compared to the profitable results for the year ended 31st December, 2008. It was primarily as a result of the recognition of a loss arising from fair value change in respect of investment of marketable securitie... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:59:04 +0800 Hang Lung Properties (HKG:0101) independent non-executive director Liu Pak-wai has increased his long position in the company to 100,000 shares, after he bought a total of 30,000 shares of the company on February 2 and 3, the Stock Exchange's SDI information shows. The shares were traded on the Stock Exchange for a total of $797,250. On February 2, Liu bough... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:58:23 +0800 Future Bright Holdings (HKG:0703) has said that it will record a profit for 2009, after making a loss the year before. Such expected improvement of the group's results was mainly attributable to increases in turnover and operating profits with the group's expanded food and beverage business in Macau. The profit was also boosted by a decline in substantial im... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:57:43 +0800 Ming Kei Holdings (HKG:8239) announced that Kong Chi-keung has been appointed as the chief operating officer of the group with effect from today. In addition, the company announced that Luk Yue-kan has resigned as its group's general manager due to re-division of function. However, Luk will remain as the qualified accountant and executive director of the com... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:56:16 +0800 Kingmaker Footwear Holdings Limited (HKG:1170) bought back 70,000 shares at between $1.02 and $1.03 per share for a total of $71,600 on February 8.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:55:07 +0800 GUANGDONG TANN (HKG:1058) issued positive profit alert and expected that the consolidated profit attributable to shareholders of the Company for the year ended 31 December 2009 will increase significantly as compared with that for the same period in 2008. Such increase was primarily attributable to the current market environment gradually stabilizes, the pr... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:51:38 +0800 Great Wall Motor (HKG:2333) has said that its group automobile sales volume in January rose by more than 1.5 times to 25,100 units when compared with the same month last year, with outstanding sales performance of sedan and SUV. The total export sales in January reached a total of 3,000 units, which nearly doubled from 1,600 units achieved a year ago. "At th... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:50:59 +0800 The Hong Kong Monetary Authority (HKMA) announced today that the official foreign currency reserve assets of Hong Kong amounted to US$257.1 billion at the end of January, an increase of US$1.3 billion from US$255.8 billion at the end of the prior month.Hong Kong is the world's seventh largest holder of foreign currency reserves based on the latest published ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:50:31 +0800 KANGDA FOOD (HKG:0834) issued profit warning and expected that the Group will report a significant decline in the consolidated net profit of the Group for the year ended 31 December 2009 compared to that for the year ended 31 December 2008. The Board considers that the expected decline was primarily attributable to decrease in sale orders for processed food... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:49:51 +0800 Golik Holdings Limited (HKG:1118) bought back 190,000 shares at $0.41 per share for a total of $77,900 on February 8. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:49:18 +0800 Vodatel Networks (HKG:8033) has said that it expects a profit for 2009, after making a loss in 2008, primarily due to improvement in gross profit margin and higher dividend income from investments in the Democratic Republic of Timor-Leste. Morevover, there was no impairment of available-for-sale financial assets for 2009.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:48:25 +0800 Tungda Innovative Lighting (HKG:8229) said loss attributable to the equity holders of the company was $5.568 million for the nine months ended 31 September 2009, compared to a profit of $4.97 million a year ago. The LPS was 0.5 cent. No dividend has been declared.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:47:19 +0800 Short Sell Turnover (NASDAQ Stocks) up to day close today: NIL ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:46:56 +0800 Short Sell Turnover (GEM) up to day close today: Turnover CODE NAME OF STOCK (SH) ($) ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:46:32 +0800 Short Sell Turnover (Main Board) up to day close today: Turnover CODE NAME OF STOCK (SH) ($) ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:46:00 +0800 The following new option series (both calls and puts) will be available for trading on 09 Feb 2010: CLASS EXPIRY MONTH EXERCISE PRICE ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:44:33 +0800 Perfectech International (HKG:0765) bought back 1.106 million shares at between $0.71 and $0.73 per share, or a total of $796,040 on February 8. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 18:40:32 +0800 Finet Group Limited (HKG:8317) recorded a loss attributable to equity holders of approximately $15.07 million for the nine months ended 31 December 2009, compared with a profit of $3.4 million a year ago. LPS was 8.545 cents. No dividend was declared.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:48:35 +0800 WAI KEE HOLD (HKG:0610) issued positive profit alert and expected that the Group's estimated results for the year ended 31st December, 2009 is likely to show significant improvement over that of the year ended 31st December, 2008. The estimated significant improvement is mainly due to significant improvement in the financial performance of civil construction... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:47:36 +0800 ITE (HKG:8092) recorded a loss attributable to equity holders of approximately $1.387 million for the nine months ended 31 December2009, compared with a profit of $1.171 million a year ago. LPS was 0.15 cent. No dividend was declared.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:46:54 +0800 Domestic media reported that Chinese Vice Premier Li Keqiang Friday called for efforts to step up economic structure adjustment so as to guarantee the country's sustainable development. Li made the remarks when addressing a seminar for provincial and ministerial level officials. "China has entered a key period of time when adjusting economic structure is t... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:46:27 +0800 CHUN WO DEV (HKG:0711) entered into the Sale and Purchase Agreement, pursuant to which the company has agreed to acquire representing 62% of the issued share capital of Mandarin at a total consideration of HK$36.1 million. Upon completion, Mandarin will become an indirect wholly-owned subsidiary of the Company. Mandarin is principally engaged in investment h... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:45:48 +0800 China's top brands could be on the road to becoming global household names after the launch of the 4.5 trillion U.S. dollars China-ASEAN Free Trade Area (CAFTA) market, the world's largest free trade zone, according to trade experts. Despite the country being an economic powerhouse, few of its big companies have ever made a major impact on the world stag... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:44:59 +0800 Hong Kong stocks widened losses in the afternoon. Hang Seng Index dropped 114.19, or 0.58%, to close at 19,550.89 today.Turnover of the shares on the Main Board amounted to $59.632 billion.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:44:12 +0800 A wholly owned subsidiary of CHINA STATE CON (HKG:3311), has entered into the Agreement whereby CSC will subscribe for the Bonds in the aggregate principal amount of HK$200 million convertible into 1,800 shares of US$1.00 each in the share capital of Skyjoy, representing 18% of the issued share capital of Skyjoy. Skyjoy is the ultimate owner of the Land whic... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:43:02 +0800 SMEs board index in PRC stock market rose on Monday and significantly outperformed the market. However, turnover plummeted 30%. SMEs board index opened at 5,266.51 points and closed at 5,272.91 points, up 3.67 points or 0.07%. SMEs board composite index opened at 5455.14 points and closed at 5,466.08 points, up 3.30 point sor 0.06%. Turnover aggregated RMB... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:39:32 +0800 Shanghai and Shenzhen fund Index closed slightly higher on Monday. Shanghai fund index recovered the 4,400-point mark and both outperformed the market. Approximately 80% closed-end funds in the two cities were up. As of closing, Shanghai fund index ended at 4,401.78 points, up 0.07%; Shenzhen fund index ended at 4523.74 points, up 0.09%. Turnover aggrega... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:38:28 +0800 A top Chinese think tank forecasted the nation's economy would experience a mild rebound this year, with gross domestic product expanding around 10 percent year on year. Among the three economic engines, investment is expected to contribute 6.3 percentage points to the GDP growth, while consumption and net export will contribute 4.2 and 0.5 percentage poin... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:37:52 +0800 The revenue of SD MOLONG-NEW (HKG:0568) amounted to approximately RMB2,041 million, which represents a decrease of 26.00% as compared with last year. Profit attributable to equity holders of the parent amounted to approximately RMB268 million representing a decrease by approximately 12.26% as compared with last year. Earnings per share of the Group amounted ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:37:13 +0800 Trading in shares of Jia Sheng Holdings (HKG:0729) has been suspended with effect from 2:30 p.m. today pending the release of an announcement pursuant to Rule 13.10 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and in relation to the clarification of a news article. The stock closed at $0.95 by midday, down 11.22... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:36:42 +0800 PricewaterhouseCoopers says it expects the Hong Kong government to record a consolidated budget surplus of about $10 billion for the fiscal year ending 31 March 2010.Such surplus is contributed mainly by property developers' additional land premiums paid for transfers and changes to land deeds, by the mid-year land sale, by the higher-than-expected stamp dut... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:36:12 +0800 US Securities and Exchange Commission documents show that as of December 31, 2009, China's sovereign wealth fund China Investment Corporation had held US stocks valued at US$9.63 billion.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:35:42 +0800 BUILD KING HOLD (HKG:0240) issued positive profit alert and expected that a substantial improvement in profit attributable to owners of the Company for the year ended 31 December 2009 as compared with the loss attributable to owners of the Company of HK$93.62 million for the same period of the previous year. The significant improvement in the Group's estimat... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:33:01 +0800 Domestic media reported that China and Russia would strengthen coordination to better implement the regional cooperation program approved by state leaders last year, officials from the two countries said here on Sunday. The statement was made by Zhang Guobao, head of the National Energy Administration and vice minister of the National Development and Refor... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:32:36 +0800 Domestic media reported that Chinese Premier Wen Jiabao has held five meetings over the past month to seek opinions and suggestions on a draft featuring guidelines of an education reform plan of China for the next decade. Chinese Premier Wen Jiabao meets delegates in education during a meeting to seek opinions to draft the education reform plan in Zhongn... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:32:08 +0800 Hang Seng Bank (HKG:0011) says, in its latest issue of Hong Kong Economic Monitor, that it expects low growth but high inflation this year. While economic growth looks set to be tepid, inflationary pressure is building due to rising global food and commodity prices. Consumer prices could rise by an average of 3% in 2010 from 0.5% last year. Previously, the b... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:31:28 +0800 Tradelink (HKG:0536) and Visa today launched a co-branded website [www.tradelink-ebiz.com/visa] which will provide a one-stop procurement and payment solution for small and medium sized enterprises (SME) and corporates. The co-branded site allows users to reach more than 2,000 merchants from more than 40 different industry categories listed in the Visa Comme... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:30:50 +0800 China Electric Power Technology (HKG:8053) announced that Li Kangying has been appointed as an chairman and executive director with effect from today. At the same time, Peng Gexiong has resigned as chairman and executive director of the company. Peng resigned from the board since he cannot devote the time and effort which his post in the board of directors d... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:29:51 +0800 The shareholders of Yun Sky Chemical (HKG:0663) have, at the company's special general meeting held today, approved the board of directors' proposal to change the company's name to "King Stone Energy Group Limited".... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:29:10 +0800 Professional services firm PwC predicts that in 2010, IPO financing in PRC A-share market will be more than RMB 320 billion (about US$46.9 billions), higher than RMB 188 billion in 2009. IPO financing in Hong Kong market will reach approximately 300 billion HK dollars (US$38.5 billion), higher than 243.7 billion HK dollars in 2009.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:27:24 +0800 HK Shares End Lower On Lingering Europe Credit Woes Hong Kong stocks ended lower Monday as concerns over credit woes in Europe continued to weigh on equity markets. The blue-chip Hang Seng Index fell 114.19 points, or 0.6%, to 19,550.89 after trading between 19,423.05 and 19,673.11 during the session. The Hang Seng Index extended its weakness after a 5.1% dr... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 16:00:27 +0800 Market dips ahead of holidaySHANGHAI'S market closed lower today and trading remained flat as investore remained cautious ahead of the Lunar New Year holiday. The benchmark Shanghai Composite Index dipped 0.14 percent, or 4.23 points, to close at 2,935.17 points. Turnover lowered to 73.2 billion yuan (US$10.7 billion) from 111 billion yuan on Friday. Gainer... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 15:01:31 +0800 ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 15:00:47 +0800 Chifeng Fulong Thermal Power Co., Ltd (SHE:000426) announced that its Board of Directors has decided neither to distribute earnings for the fiscal year 2008, nor to use additional paid-in capital to issue new shares to shareholders. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 14:27:13 +0800 Foreign media reported that a decision by the province that is China's second biggest exporter to raise minimum wage rates has heightened expectations that other provinces and cities will soon follow, just as the central government's attention is shifting from economic stimulus to rising inflation. Eastern Jiangsu province, which exports more than Brazil a... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 14:24:46 +0800 CCID Consulting (HKG:8235) said its controlling shareholder Research Center of Computer and Microelectronics Industry Development, Ministry of Information Industry was renamed as Research Center of Ministry of Industry and Information Technology Computer and Microelectronics Industry Development. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:42:28 +0800 Short Sell Turnover (NASDAQ Stocks) up to morning close today: NIL ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:42:10 +0800 Short Sell Turnover (GEM) up to morning close today: Turnover CODE NAME OF STOCK (SH) ($) ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:40:19 +0800 Short Sell Turnover (Main Board) up to morning close today: Turnover CODE NAME OF STOCK (SH) ($) ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:38:05 +0800 Sino Union Energy Investment (HKG:0346) said Kaiyuan Oil & Gas acquired a 5% stake in the company, from Sukapeak and become a substantial shareholder. As well, Senrigan Capital, an investment fund backed by Blackstone Group, and Enm and Talbot, wholly owned companies of Chinachem Group, and Perfect Yield, an independent investor, acquired a combined 2.94... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:37:30 +0800 UURG Corporation (HKG:8192) said Chan Wai-keung has been appointed as the chief executive officer of the company with effect from February 5. As well, the company proposed to appoint Chan Wai-keung as executive director; and Wu Gaoyuan, Zhong Wen Wei and Qie Bingbing as non-executive directors. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:37:01 +0800 Grand Field (HKG:0115) announced the re-designation of Chen Mudong as executive director and the appointment of Chen as chief executive officer of the company with effect from March 1. As well, Anne Kwai-wa Chow was appointed as executive Director with effect from February 5 while Alison Siu-wa,Kwok was appointed as executive Director with effect from the sa... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:36:27 +0800 Ever Proven, whose issued shares are held as to 75% by AKM Industrial (HKG:8298) and as to 25% by Kam Sun, have resolved to declare and distribute a sum of $1.766 million as dividend out of Ever Proven's surplus to shareholders by way of the distribution of all the issued shares in specie of wholly-owned subsidiary, Giant Rise, at the value of $1.766 per sha... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:35:38 +0800 TLT Lottotainment (HKG:8022) announced that the third Sports Betting sales outlet run by its subsidiary, TLT Services (Shanghai) Limited, was launched in Haikou, Hainan Province on 6 February 2010. The Sports Bettings is single match lottery on soccer and basketball approved by the General Administration of Sports and Ministry of Finance of China. TLT Lottot... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:34:40 +0800 ITC Properties (HKG:0199) has sold 45% and 10% stakes in Business Action to Wing On Travel (HKG:1189) and Guizhou Hong Neng Investment respectively at US$1 per share, or US$450 and US$100 in total respectively. Business Action owns the entire equity interest in Sanya Chuang Xin Leisure Business Investment, a company intended to be principally engaged in deve... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:33:28 +0800 Hong Kong stocks fell this morning, as concerns over Europe's debt continued to send stocks lower. Hang Seng Index dropped 41.11, or 0.21%, to close at 19,623.97 by midday.Turnover of the shares on the Main Board amounted to $30.73 billion.February HSI futures closed 49 higher at 19,587, representing a discount of 37 over the cash market. Turnover totaled 43... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:31:06 +0800 ENM Holdings (HKG:0128) announced that it has, together with two other subscribers, agreed to subscribe for convertible bonds (CBs) in the principal amount of $400 million to be issued by Skyjoy Assets Management. $100 million of the CBs will be subscribed by ENM. Upon exercise of the related conversion right and payment of the conversion premium, the subscr... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:30:15 +0800 Shanghai and Shenzhen fund index ended slightly lower on Monday morning, but both outperformed the market. More than 70% closed-end funds in the two cities were down. Shanghai fund index midday ended at 4,385.09 points, down 0.31%; Shenzhen fund index midday ended at 4,505.38 points, down 0.32%. Half-day turnover aggregated RMB 859 million, decreasing mo... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:29:44 +0800 SMEs board index in PRC stock market fell on Monday Morning, but significantly outperformed the market. SMEs board index midday closed at 5,262.51 points, down 0.13%. Turnover of SMEs board market was RMB 7.565 billion, decreasing about 40% over the corresponding period of last Friday. Half of the individuals stocks were down.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:29:10 +0800 China Kangda Food (HKG:0834) announced that its indirect subsidiary, Jilin Kangda Food Co., Ltd, has incorporated in the PRC a wholly-owned subsidiary, Jilin Kang'an Rabbit Co., Ltd. Jilin Kang'an has a paid-up capital of RMB1 million. The investment in Jilin Kang'an was funded by internal resources. The principal activity of the company is breeding and sale... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:28:40 +0800 ASAT Holdings, an approximately 43.22%-owned associated company of QPL International (HKG:0243), announced that in response to the consent solicitation issued by New ASAT (Finance) Limited (ASAT Finance) on 25 January 2010, it has received consents from holders owning 59.05% in principal amount of the 9.25% senior notes (the existing notes) due 2011 to amend... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:26:20 +0800 CATIC Shenzhen (HKG:0161) announced that its non-wholly-owned subsidiary, Shanghai Tian Ma, has entered into an entrusted management agrement with CATIC Opto-electronics to provide management services to CATIC Opto-electronics for a term commencing from 1 February 2010 to 31 December 2011. It is expected that the basic management fees payable by CATIC Opto-e... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:17:38 +0800 Imagi International (HKG:0585) said it has withdrawn its financial support from Imagi Production Limited (IPL), one of its subsidiaries, and will focus on developing the commercial potential of its IP rights and exploit the creative aspects of its CGI Movie business through its other subsidiary, Imagi Services Limited. Its decision to withdraw financial sup... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:16:47 +0800 Trading in shares of China Public Procurement (HKG:1094) has been suspended with effect from 9:30 a.m. today pending the release of an announcement in relation to a signing of a procurement agreement which is pricesensitive in nature. The stock closed at $1 last Friday. ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:16:02 +0800 The latest sales data shows that in January 2010, retail sales volume of passenger vehicles reached 1.2187 million, up 5.1% as compared with Dec 2009, or up 84.2% year-on-year, setting a new record high. Experts expected that China's automobile production and sales in 2010 will grow more than 25% to more than 17 million.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:13:20 +0800 SHANGHAI'S stock market closed lower in the morning session with flat trading as more investors chose to stay on the sideline when the Lunar New Year holiday approaches. The benchmark Shanghai Composite Index eased 0.42 percent, or 12.44 points, to close at 2,926.97 points. Turnover was 37.7 billion yuan(US$5.5 billion). Losers outnumbered gainers 451 to 391... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 13:12:28 +0800 US Department of Commerce decided last Friday to impose 231% anti-dumping duty on Chinas gift boxes and packaging ribbon, while it would impose duty to related products in China Taiwan of no more than 4.54%.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:10:39 +0800 Thinsoft (Holdings) (HKG:8096) said it has entered into a formal sale and purchase agreement in relation to the acquisition of the entire equity interest in Smooth Joy International without specifying financial terms. Upon completion of the reorganisation, Smooth Joy International will be principally engaged in trading, marketing and wholesaling of fuel oil ... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:10:07 +0800 Jian ePayment Systems (HKG:8165) said trading in the shares of the company will remain suspended until release of announcement in relation to the disposal of all the company's indirect equity interest in Hubei "E-Tong-Ka" System Company Limited, which constitutes a very substantial disposal. In the meantime, the company is reviewing the pro forma financial i... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:09:37 +0800 Tianjin Port Development (HKG:3382) announced that it has completed the acquisition of 56.81% equity interest in the A-share company, Tianjin Port Holdings, at a consideration of $10.961 billion. In March 2009, Tianjin Port Development announced that it entered into an agreement for the acquisition to the said equity interest from Tianjin Port (Group) Co., L... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:09:01 +0800 Quamnet.com, Hong Kong's popular financial website, and a division of Quam Limited (HKG:0952), unveiled the winning enterprises for its Outstanding Enterprise Awards 2009 in a ceremony held on February 5, 2010. Enterprises excelling in eight categories received awards during the ceremony. This annual event is a showcase of excellence in the Hong Kong busin... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:07:22 +0800 China Resources Land (HKG:1109) will be added to Hang Seng Index with effect from March 8. The total number of constituents will increase to 43 from 42, Hang Seng Indexes Company Limited said. Assuming the constituent change had been made, the average market valuecoverage ratio for the 12 months ended December 2009 would have risen to 63.34% from 62.81%. As... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:04:22 +0800 BBMG Corporation (HKG:2009) has proposed to enter into an arrangement pursuant to which certain debentures with an aggregate principal amount of not more than RMB5 billion will be issued under a REAT (real-estate asset trust) to be established in the PRC. The establishment of such REAT under the proposed arrangement would not involve a change of ownership in... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:03:22 +0800 Referring to its announcement in 2007 in relation to the construction of the Xuzhou Additional Facility and the Jinsanqiao Factory, Guangdong Tannery (HKG:1058) announces that it is currently estimated that the completion of the construction of the said factory will be brought forward from 2012 to around the first half of 2011 and the total capital expenditu... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:02:42 +0800 On its proposed acquisition of 55% equity interest in the Duolun mine project, GCL-Poly Energy (HKG:3800) announces that it has been informed by the vendor that the reorganisation cannot be completed in the foreseeable future, as one of the minority shareholders has refused to release the pre-emption right, which resulted in the failure of completing the reo... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:02:05 +0800 Chinese Academy of Sciences mentioned that in 2009 China's economy went through severe tests of the international financial crisis and achieved an overall recovery. Chinas economy in 2010 will experience a momentum of moderate increase. GDP growth rate is expected to reach around 10% in the whole year of 2010, or 11% in the first quarter of that year.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:01:35 +0800 Trading in shares of New Times Energy (HKG:0166) has been suspended with effect from 9:30 a.m. today pending on an announcement in relation to a very substantial acquisition which are price-sensitive in nature. The stock closed at $0.32 last Friday.... Chinesestock.org http://www.chinesestock.org Mon, 08 Feb 2010 11:00:51 +0800