China Financial News Headlines

SASAC: Budget in 2009 — Savings
According to the rising operating costs of enterprises and increasing risk, the SASAC of the State Council issued a circular, calling for that the central enterprises should organize the budget preparation of 2009 annual financial report, analyze the market conditions carefully, reduce savings greatly and strengthen the budget management and control.

to develop the Rural Insurance Dindustry through the Micro-Insurance
The party chairman and secretary of the China Insurance Regulatory Commission, Wu Dingfu carried out the spirit of the 17th third plenary session, developing rural insurance industry positively through the micro-insurance as a breakthrough point.

More than 40 Large Enterprises have been the Strategic Partner of China-ASEAN EXPO
The signing ceremony and news conference of the fifth China-ASEAN EXPO strategic partnership has been held in Nanning.

93.8 Consumer Confidence Index
In the third quarter, the consumer confidence index was 93.8 compared with last quarter, which returned 0.3 percentage point, so the return extent was significantly reducing.

other news:

OPEC: Low Price to 80 Dollars every Barrel Oil
According to the data announced by the secretariat of OPEC on 13th, through the organization market supervision the average package price of crude oil fell to 77.98 dollars a barrel.

The Continuous Interest cut causing the Guess of loose Mortgage
Less than a month, the central bank announced cut interest rates again. Though this is not exclusively for rescue the real estate market, is enough to give people some imagination as “spring”.

Related posts:

1. International crude oil market
   OPEC: how do a limited amount and protection of prices impact? Organization of Petroleum Exporting...
2. UN General Assembly approved a two-year budget
   UN General Assembly approved a two-year budget of the United Nations to 4.8 billion U.S....
3. Oil prices
   International oil prices fell more than 9%, almost 35 U.S. dollars per barrel Due to...
4. Gas and oil price
   Uzbekistan reduced the supply of natural gas by half on Tajikistan International reports on-line (Reporter...
5. OPEC New Policies
   OPEC failed to curb the drop in international oil prices Xinhua, New York, October 24...

Coal movement capacity in the central is so nervous that it need be solved
Macquarie Capital Securities commodity analyst, Liu Xiaoning said, that in three years the new thermal power of generating capacity concentrated in the central region. At present, the central region of coal occured a serious shortage of capacity and in the South it has eased the supply and demand of coal. A large backlog of coal appeared in Qinhuangdao, and in the central part of the provinces and autonomous regions are still shortage. And in the long run, coal will remain to be Chinese main energy consumption.

Future downward pressure on domestic coal prices is not big
During recent period, in the domestic coal market as a “barometer” of Hong Kong Qinhuangdao, reserves of coal rise to appear a phenemena of overstock. Until October 7th, the Qinhuangdao Port has a coexistence of 8,407,000 tons of coal, and coal stockpiles in Guangzhou reached 2,538,000 tons, exceeding the normal inventory near 1,000,000 tons.

The coal industry: Mengning of Shanxi & shanxi area is still pressure on railway transportation
Southwest: regional production, consumption is balance. The new Geranium: is rich in resources, bottlenecks of mining, transportation are large.Coal supply focus on the region of Mengning, and until 2010 railway capacity will be still pressure.

Over-reliance on London’s financial industry at stake, and London is dangerous as cumulative eggs
On financial tsunami sweeping the globe, as a European financial center, London is the first to be affected. London production value is up to 1 / 3 of the financial industry and related service industries have been badly shaken. Retail and consumer-related industries can not escape. The gold facia of London, as a financial center of Europe, is precarious, facing the collapse of the dilemma.

The financial crisis is more and more fierce, so China how to be an exception?
Because the fourth-largest U.S. investment bank, Lehman Brothers filed for bankruptcy protection, a new round of the sub-loan crisis set off and more and more fiercely. In the shadow of financial crisis there is spreading wider regions, and governments around the world last weekend have further rescue operations, in order to combat the escalating financial crisis. In that case, China in this unprecedented financial crisis should go where?

Related posts:

1. The coal industry
   The mandatory fees of Coal Industry are fully halted for a relaxed environment of production...
2. Coal Enterprises
   Coal Prices lower than Its Costs Vice president of China Coal Industry Association Pu Hongjiu...
3. Chinese Export Situation in Coal, Bit Tools, Foodwear, etc.
   China Coal Export has decreased for two consecutive months The Customs statistics show that since...
4. General Motors ; Islamic financial industry
   General Motors in East Africa said business was not affected by the crisis of parent...
5. Beijing Industry
   Nestle R&D Center opened in Beijing Nestle R&D center in Beijing opened in Beijing on...

Kazakhstan dispensed thousands of billions to overcome the finance crisis from State Funds
China Xinhua Net on 13rd Oct. reported that the priesident of Kazakhstan, Nursultan Abishevich Nazarbayev asked the goverment dispensed thousands of billions to overcome the problems which were induced by the finance crisis. According to News net of Russia, this is the denotation which Nursultan Abishevich Nazarbayev offered in the meeting of goverment on 13rd.

Fund increasd the storage of real estate stock, in two weeks continuously reduced the storage of ICBC
The all seats’ classificatory statistical fuction of the compass of IITopView shows, among all three kinds of Shanghai stock, the Fund and the Capital Management both took on only-sell condition, with 3,491,000,000 yuans, 1,443,000,000 yuans. But the sale part took on only-buy condition, with 4,934,000,000 yuans.

Sunshine top quarter private equity list analysis
“The first Chinese Financial sunshine list private,” also released today the sun Chinese private equity fund in the first three quarters, as well as in the third quarter of the list in September. The list is a collection of 15 of the 138 trust companies private sunshine, the selected samples have trust in the platform issue, operation, and there is a row of the public display of the performance of securities investment products.

Bond funds shines around
When the market fundamentals are faced with huge systemic risk, of course, the stock market will react promptly and in the development of the market trend for the time being there is no good reason for the full. The stock market will, of course risk to invest mainly in the stock market. The fund also targets at all kinds in the face of the implication of this nature.

Because of the Investment for Lehman Post lost 590,000,000.National Security Fund will support the extension and has no plans to rest
Financial crisis, global investors suffer, and even the banks of professional industry is no exception. In addition to Taiwan’s financial holding companies, even the official control of the Chinese Post, can be spared. Wu Minyou, chairman of the China Post said a 9-woo investment in Lehman Brothers investment lost apeared to identify in early September, a total of NT paid more than 590,000,000.

Shanghai Securities Commission made contact: You can do a close observation of the Fund in Shanghai
How contact with the funds might be “Life as” a good financial products dealings, and is placed in front of each investor’s as practical problems.With continue the global financial tsunami and A shares “earthquake” making sounds again and again, the Southeast Asian financial crisis, which was born in China’s fund industry, is facing a re-baptism, the situation changes in the capital market is continuing to test at least ten years of this industry.

Related posts:

1. Focus on bond Funds
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2. Funds Under Financial Turbulences
   Wang Rui of the Morningstar in China: through the changes in the position to see...
3. Hedge Funds (Citadel In-vestment Group LLC Bankruptcy Rumor and Highbridge Capital Management Layoffs)
   Bankruptcy Rumor assaults World Largest Hedge Funds Recently, hedge funds are facing embarrassments. Recently, the...
4. Global Beijing PE Forum - the stock equity investment under the financial crisis
   Social Security Fund: 150 billiob yuan for stock equity investment fund and PE investment fund...
5. Goverment will set up stabilization fund
   Rumor again about the goverment to set up the stabilization fund and 1700 point of...