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Reports » China

China stock market report by ChinaStockAdvice.com (June 18, 2009)

July 7, 2009, Tuesday, 07:28 GMT | 02:28 EST | 11:58 IST | 14:28 SGT

Macro-economic Policy
 
Meeting of the State Council: Economy Stabilizing & Recovery under Crucial Stage
 
Ministry of Finance: Threshold of Personal Income Tax to Be Adjusted when Necessary

 

China and Russia Signed Cooperation Documents on Gas and Others as well as USD700mn Loan Agreement
 


Domestic Market
 
The Shanghai and Shenzhen Stock Exchange Amended Implementation Measures on On-line & Off-line Issuance of New Shares
 
CSRC Denied that Guilin Sanjin Pharmaceutical Co., Limited and Zhejiang Wanma Group Co., Ltd Got IPO Approval  

 

Hang Seng index dropped by 80.90 points or 0.45% to 18084.60 points.
 
Financial sub-index outperformed Hang Seng index.
 
Real estate share trend in Chinese mainland outperformed Hong Kong local shares.
 


Overseas Market
 
Overview: CPI Growth Margin Below Expectation; American Market Performed Mixed
 
American Government Released Scheme of Finance Supervision & Reform    
 

S&P 500 closed low by 1.26 points or 0.14% to 910.71 points.
 
FED: Fluidity Release has been obviously converged.  
 
Global hedge fund assets increased USD30.3bn, which is the first time in recent 11 months. 

 


Company & Industry
 
- AU-RIO: Share Allotment Plan Unveiled, Purchase Decision of Aluminum Corporation of China (601600) to Be Confirmed before July 2009 

 

- Reports-to-be-issued Today: Pharmaceutical Industry: A-H1N1 Flu Contagion Tends to Be Enlarged; Community Restriction Plan Comes out
 
- Wisesoft (002253): Restricted Shares Become Tradable; Equity Holding Reduction Being Possible
 
- Shanghai Metersbonwe Fashion & Accessories (002269): Marketing Network Construction Project Successively Progressed

 

IT Industry

- National Development and Reform Commission Allocated Millions of Rmb as Subsidy of Digital TV Project
- Broad Band User in China Reached 88.08mn, Being Top of the World

- Wisesoft (002253): Restricted Shares Become Tradable; Equity Holding Reduction Being Possible

- Allwin Telecommunication (002231): Former Allocating Fund Wholly Returned, Relevant Business Progressed Smoothly