Reports » China

China stock market report by ChinaStockAdvice.com (June 30, 2009)

Macro-economic Policy

National Development and Reform Commission: Petrol and Diesel Oil Price Upgraded by Rmb600/Ton from Today

Domestic Market

Your-mart Being the Third Company Restarted IPO; To Issue Shares on July 8, 2009

Shanghai & Shenzhen Securities Exchange Deployed Interim Report Disclosure; Must Be Finished by August 31, 2009

Hang Seng index closed low by 71.75 points or 0.39% at 18528.51 points.

Real estate sub-index surged against the market trend.

Raw material index plunge topped Hang Seng Composite Index.

Overseas Market

Overview: American Stocks Closed High as Stimulated by Hiking Oil Price

New York Oil Price Reported USD71.49 as of Closing, Hitting Summit for Recent Two Weeks

New York Gold Price Reported USD940.7, Being the Initial Decline for Recent 5 Days

S&P 500 increased 8.33 points or 0.91% at 927.23 points as of closing.

US Dallas Fed Manufacturing Production Index in June 2009 continued surging.

Economic recession rate continued slowing down in Euro Zone, showing an initiatory sign of recovery.

Demand on Prius-series cars raised; Toyota started up weekend manufacturing system from July 2009, being the initial during recent 7 months.

Companies & Industries

Directional Add-issuance of Shenzhen Development Bank (000001) to Ping An Insurance (Grp) Co of China

(601318) Passed at General Meeting of Stockholders

Bank of China (601988) Obtained Permission to Issue Not More than Rmb40bn Subordinated Bond