China Financial News Headlines

October 19, 2008

Coca-Cola and Huiyuan Acquisition case is going

Filed under: financial news — Tags: , , — kinpoo @ 11:56 pm -0500

Huiyuan will be bought by Coca-Cola, after the noisy sound with a rational thinking
September 3rd, Juice Joint Cola announced that its wholly-owned subsidiary of was to buy juice China Group Co., Ltd., the purchase price of 179 billion Hong Kong dollars.

Huiyuan juice sped up the upstream industry of the layout
fruit juice market being a part of the is still pending mergers and acquisitions, but this has not affected China Juice Group Chairman Zhu Xinli’s set of strategic layout.

Coca-Cola’s China strategy
Chinese business community has always been not a lack of news material. Sept. 3, 2008, a “blockbuster” hit - and issued on the same day: Company, through its wholly-owned subsidiary with about 179.2 Billion of a wholly-owned Juice.

Zhu Xinli: Coca-Cola & Huiyuan acquisition case is being processed
Beijing Beverage and Food Group Co., Ltd., chairman of the president of Sina Finance revealed that the of case currently is being processed.

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National Bureau of Statistics announced economic data of the third quarter

GDP and Consumer Price Index in China
In the third quarter, in China increased 9% compared with the same period last year, while our national consumer price index rose 7.0% compared with the same time last year.

Urban Residents per capita Disposable Income in China
National Bureau of Statistics announced that from January to August, number of national employees increased 8.48 million, while the 3.7 million jobless people in China restarted to work. In the first three quarters, urban residents per capita reaches 11,865 yuan, which increased 14.7%.

Factory prices of industrial products
Xinhua News: In the first three quarters, Chinese factory prices of industrial products rose 8.3% year-on-year. Of which, in September, the prices rose 9.1%, which dropped 1.0 percentage point compared with the previous month.

Retail Sales of Consumer Goods
According to the National Bureau of Statistics, total retail sales of consumer goods in the first three quarters reached 7788600 million yuan, which increased 22.0% year on year (23.2% growth in September).

Total fixed asset investment and Total grain output
In the first three quarters, Chinese national total fixed asset investment increased 27.0% year on year. While the total grain output is expected to break the new history and continue to increase in these five years.

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Hong Kong stocks market

Filed under: financial news — Tags: , , — kinpoo @ 10:24 pm -0500

Basic Element is difficult to set a timetable for listing in Hong Kong
Government has to attract Russian companies to list in Hong Kong. Russia’s largest integrated enterprise, Basic Element’s business, is expected to have to take the lead in the Hong Kong stock market to add new shares.

The three major gods of Asia shares lost hundreds of billions, but the more overweight, the more still bought
In the current market, the gods of Asia shares can not escape from financial turmoil, and the farm has shrunk sharply. Weekly financial reporters came to the preliminary calculations, the Li Ka-shing-controlled companies listed on the stock market value has shrunk near 4o%, a total of about 140 billion of Hong Kong dollar.

In ABN Amro of Hong Kong , private banking clients who invested, in one year changed from the middle class to negative equity
Untill March 25th this year, the total investment of about 21 million of Hong Kong dollars now accounts a maximum of 1 million or 2 million Hong Kong dollars in the stock market. Indeed, many people from the mainland through Hong Kong benefited from substantial international investment bank, but because of this there were peoples from the “middle class” back to “negative equity.”

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