Archive for June, 2009

22 June 2009 | China Economic Scan

June 21, 2009

22 June 2009 | China Economic Scan

Wen says China should have ‘moderately loose’ monetary policy, China state firms profits fall 30.3%, China increases cigarette tax, Suning Appliance to raise 3 bln yuan in private placement, Franklin Templeton renews Chinese investment license.

Source: (here) http://www.chinaeconomicscan.com/22jun09.html

20 June 2009 China Economic Scan

June 19, 2009

20 June 2009 | China Economic Scan

Report says no change to tax threshold, CDB posts 20.8bln yuan in net profit for 2008, CIC to invest $500m in hedge funds, China securities regulator approves Sanjin IPO, Chinese stocks rise again to close the week up.

Source: (here) http://www.chinaeconomicscan.com/20jun09.html

5 June 2009 | China Economic Scan

June 5, 2009

5 June 2009 | China Economic Scan

BoCom said it expects Chinese CPI to fall again in May, Merrill Lynch says Chinese banks’ debt funding costs to rise, Chery Automobile raised 2.9bln yuan in growth capital from private equity investors, BNP Paribas lowers Chinese stocks to neutral – says buy India instead, Chinese stocks fall slightly.

Source: (here) http://www.chinaeconomicscan.com/5jun09.html

5 June 2009 | China Economic Scan

4 June 2009 | China Economic Scan

June 3, 2009

4 June 2009 | China Economic Scan

China says quick rebound in trade is unlikely, JP Morgan economist predicts housing price rally in China, Morgan Stanley raises Chinese stocks to ‘neutral’, Shanxi province plans coal futures exchange, Chinese stocks surge to 10-month high on Wednesday.

Source: (here) http://www.chinaeconomicscan.com/4jun09.html

3 June 2009 | China Economic Scan

June 3, 2009

3 June 2009 | China Economic Scan

Geithner says China has confidence in US economy, China to speed up nuclear power development, China alocates $878m for low-rent housing, Goldman Sachs sells shares in ICBC for $1.91bln, Chinese stocks edge up on Tuesday.

Source: (here) http://www.chinaeconomicscan.com/3jun09.html

2 June 2009 | China Economic Scan

June 2, 2009

2 June 2009 | China Economic Scan

Chinese PMI comes in at 53.1 for May, NDRC says gasoline and diesel benchmark retail prices to rise, Melco opens $2bln casino in Macau’s Cotai strip, academics and industry practitioners say derivatives not a bad thing, Chinese stocks jump 3% on Monday.

Source: (here) http://www.chinaeconomicscan.com/2jun09.html

1 June 2009 | China Economic Scan

June 1, 2009

1 June 2009 | China Economic Scan

Chinese economists see risk in holding US bonds, Chinese MOFCOM to encourage foreign investment after a 22.5% fall in FDI, China’s banking regulator and Finance Ministry warned banks on making risky loans, Chinese industrial profits drop 28%, China’s Agricultural Bank may still be some time away from IPO.

Source: (here) http://www.chinaeconomicscan.com/1jun09.html


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