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State Street: China Economy Has Achieved a Soft Landing

May 30, 2013

George R Hoguet, General Manager and global investment strategist of State Street Global Advisors said that China economy growth in the next half year will be almost the same as the first one's, maintain 7.5%. China economy has achieved a ...

Tags: Soft Landing, China Economy

Standard Chartered Bank Announced The Completion of The First Interest Rate Swap

May 30, 2013

Standard Chartered Bank (Hong Kong) announced the completion of the first interest rate swap contract priced based on the renminbi-denominated Hong Kong interbank offered rate for a Hong Kong corporate client. The 12-month interest rate ...

Tags: economy

NBS Posted The Aggregate Gross Profits,Rising by 11.4% Year on Year

May 30, 2013

According to data released by China’s National Bureau of Statistics (NBS), the large and medium-sized industrial enterprises in China posted the aggregate gross profits of RMB1.61069 trillion for the first four months of this year, ...

Tags: Chinese, Industrial, Construction&Decoration

Chinese Industrial Enterprises' Gross Profits Rise

May 29, 2013

In the January-April period of this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 1.61069 trillion ($261 billion), increasing by 11.4 percent year on year, according to China's ...

Tags: Metallurgy, Mineral, Energy

The Exports of Chinese Stainless Steel Flat Products in April Rise by 10.6% M-O-M

May 29, 2013

According to data from the Chinese customs, China’s exports of stainless steel flat products totaled 196,878 tons in April, rising by 10.6% from a month ago. In April, the exports of stainless steel flats to Taiwan increased by ...

Tags: Stainless Steel, China, Construction

China Opposes EU's Probes Into Solar, Telecom Companies

May 29, 2013

Li Keqiang, Premier of China said that China opposes firmly EU's probes into Chinese solar and telecom products and China will pay high attention to this investigation. On Friday, EU carried out a symbolic funeral march in front of EU ...

Tags: EU's Probes, Solar Companies, Telecom Companies

Investors Will Be Hoping for Some Economic Cheer From China

May 28, 2013

After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...

Tags: China, Investors, Service

The Profits of 30 Industrial Divisions Increased Over The Same Period Last Year

May 27, 2013

From January to April, the industrial profits of enterprises above designated size achieved 1,610.69 billion yuan, an increase of 11.4 percent over the same period last year, and down by 0.7 percentage point over the first three months. In ...

Tags: Industrial Profits, China

Taiwanese China Steel Corp.'s Receives Orders in The First Half of This Year

May 27, 2013

It’s reported that Taiwanese China Steel Corp.'s received orders in the first half of this year have been overbooked for 5%. Besides, the company's before tax sales profit in the first four months of 2013 were over than NT$8.5 ...

Tags: CSC, H1, Metallurgy

The Board of Directors Agreed The Company to Issue No More Than CNY 3 Billion

May 22, 2013

China Merchants Securities (SHSE: 600999) announced on May 20 that the board of directors agreed the company to issue no more than CNY 3 billion no more than 91-day financing bonds, the fifth term of 2013. The management team was ...

Tags: Merchants Securities, Financing Bonds

Shenzhen International Holdings Limited Will Ink Agreement with Bank of China Limited

May 22, 2013

Shenzhen International Holdings Limited (SEHK: 0152) Board Chairman Gao Lei revealed at a shareholder meeting that the company will ink agreement with Bank of China Limited (BOC, SEHK: 3988 and SHSE: 601988) for strategic cooperation to get ...

Tags: BOC, economy, Service

Chun Yuan Steel Has Received About 7,000 Ton Orders From Government's Construction Project

May 21, 2013

Chun Yuan Steel, one of the major carbon steel service centers and the major steel structure suppliers in Taiwan, said due to the stable demand from local private construction projects and they has recently received about 7,000 ton orders ...

Tags: Taiwan, Steel, Construction

New Best Industrial's Operating Income in Q1 This Year Jumps From NT$31 Million

May 21, 2013

New Best Industrial, one of the major carbon, stainless and alloy steel wire products manufacturers in Taiwan, has announced its operating income in the first quarter of this year totaled NT$79 million, jumping from NT$31 million in a ...

Tags: Taiwan, Construction, steel

CICC Cuts its China GDP Growth Forecast for 2013

May 21, 2013

China International Capital Corporation Limited (CICC), one of the leading Chinese investment banks, has announced a cut in its forecast for China's GDP growth for the current year from 7.9 percent to 7.7 percent, compared to GDP growth of ...

Tags: GDP Growth Forecast, CICC, 2013

Chinese HRC Export to South Korea Is Facing a Hard Time

May 21, 2013

Due to the slack demand from the South Korean pipe-making industry, with no sign that Chinese domestic hot rolled coil (HRC) price stopped falling, Chinese HRC export to South Korea is facing a hard time. Currently, Chinese HRC ...

Tags: HRC, China, CRC