Reports » China

China stock market report by ChinaStockAdvice.com (June 23, 2009)

Companies & Industries

IT Industry
- India Announced a Complete Ban on Importing Shanzhai Cell Phones of China

- Mobile Phone Export at Shenzhen Port Slightly Increased in the First 5 Months of 2009
- SVA Information Industry (600637): Non-performing Assets Stripping and High-quality Assets Injection Being Beneficial to Long-term Development of the Company

- Beijing Gehua CATV Network (600037): Plans to Increase Capital to Zhuozhou Gehua and Establish Content Development Joint Venture

Non-ferrous Metals
- Metal prices fell after a rise of two consecutive weeks, with macro-economic data mixed in this week. As of closing, prices of lead, zinc and tin all saw decrease of over 5% and only aluminum slightly increased by 2.19%.

- In terms of inventory, LME copper inventory continued to fall by 3.42% to 280,000 ton, while that of SHFE kept increasing by 7,900 ton to 68,500 ton.

- Jiangxi Copper (600362): No. 5 Oxygenerator Repaired, Annual Capacity of Refined Copper to Reach 900,000 ton

- Yunnan Copper (000878): Being Authorized as High-tech Enterprise to Limitedly Affect After-tax Profit

- Gaoxin Zhangtong (002075): With Assets Restructuring Project Filed by SASAC, Restructuring Proposal Being Approved by Meeting of Shareholders

- Anhui Xinke New Materials (600225): 128mn Restricted Shares Became Tradable on June 22, with No Heavy Holding Reduction Pressure