Chinese oven mitt and pot holder stocks down 1.69% at midday
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Chinese stocks down 1.69% at middayPublished: 15 Sep 2009 20:30:33 PST

Top 5 News From ChinaKnowledge.comChina Mobile still in talks with Apple on iPhoneChina’s import, export value falls 20.6% to US$191.7 bln in AugHaier to set up distribution affiliate in ShanghaiTaiwan’s Mega ICBC approved to set up office in SuzhouBMW’s China sales up 63.2% in AugSep. 16, 2009 (China Knowledge) – Chinese stocks ended lower in the morning trading session on Wednesday, dragged by market heavyweights.The Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, declined 1.69% or 51.16 points to close at 2,982.57 points in the morning session.The Shenzhen Component Index on the smaller Shenzhen Stock Exchange fell 1.8% or 224.5 points to stand at 12,213.75 points.Market heavyweight PetroChina<601857><0857><PTR>, the nation’s top oil producer, decreased 1.31% to close at RMB 13.53, while Asia’s largest oil refiner, Sinopec<600028><0386><SNP>, shrank 2.61% to RMB 11.95.Bank stocks ended lower. Industrial Bank Co Ltd<601166> fell 4.09% to close at RMB 34.97.Share prices of securities firms ended lower. Changjiang Securities Co Ltd<000783> declined 3.35% to RMB 19.6. Property stocks also ended lower. Poly Real Estate Group Co Ltd<600048>, China’s second-largest developer by market value, fell 2.12% to RMB 25.45. China Vanke Co Ltd<000002><200002>, the country’s largest publicly traded residential properties developer, decreased 0.5% to RMB 11.89, after its shareholders approved the firm’s RMB 11.2-billion refinancing plan.Gold firms were gainers. Zhongjin Gold Corp Ltd<600489>, China’s biggest publicly traded gold miner by market share, grew 2.63% to RMB 59.42.Copyright © 2009 chinaknowledge.comペニーオークション sofa legs lithium polymer 净化工程 seo カード 現金化 lithium polymer

China au knife gate valve to imports fall 34% y/y in Jan-April
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China auto imports fall 34% y/y in Jan-AprilPublished: 15 May 2009 01:36:12 PST

Shanghai, May 15 (Gasgoo.com) Chinas imports of automobiles plunged 34% from a year earlier to about 93,000 units in the January-April period, state media Xinhua News Agency reported, quoting data form China Customs.

Import value in the first four months came to 3.47 billion yuan, down 32% from the year-ago period.

Chinas auto imports have been falling month by month since last November,and imports tumbled 21% year on year in January, 38% in February and 43% to just 23,000 units in March, the biggest fall since February 2005.
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JP Morga Geiger counter in spector n China JV approved to issue mid, small-cap stock fund
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JP Morgan China JV approved to issue mid, small-cap stock fundPublished: 03 Dec 2008 01:36:21 PST

Dec. 3, 2008 (China Knowledge) - China International Fund Management Co (CIFM), a joint venture between JPMorgan Asset Management (UK) Ltd and Shanghai International Trust Co, announced on Wednesday it has won approval from the China Securities Regulatory Commission (CSRC) to issue a medium and small-cap stock fund, according to sources.

This is the second fund for 2008 and the 9th one in total of China International Fund Management Co, and the fund is authorized to invest up to 95% in stocks.

Bank of China (BOC)<601988><3988> will be the major underwriter and trustee for the fund. The fund will be sold through the Industrial and Commercial Bank of China (ICBC)<601398><1398>, China Merchants Bank Co Ltd (CMB)<600036><3968>, Bank of Communications (BoComm)<601328><3328> as well as other securities firms.

Established in May 2004, China International Fund Management Co has a registered capital of RMB 150 million. Shanghai International Trust Co holds 51% stake in the venture, while JPMorgan Asset Management (UK) Ltd takes the remaining 49%.

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Templeto current transformer n raises stake in Shanghai Prime Machinery
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Templeton raises stake in Shanghai Prime MachineryPublished: 01 Sep 2009 01:24:05 PST

Sep. 1, 2009 (China Knowledge) - Templeton Asset Management Ltd, a subsidiary of California-based investment management organization Franklin Resources Inc, recently raised its shareholding in Shanghai Prime Machinery Co Ltd<2345> to 9.06% from the previous 8.99%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.

HKEx said that Templeton on Aug. 26 bought 542,000 shares of Shanghai Prime Machinery for HK$758,300. The average share price of the transaction was HK$1.40 apiece.

Shares of Shanghai Prime Machinery declined 1.46% to end at HK$1.35 today.