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Friday, July 03, 2009
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Shanghai GM sales up 71.5% in June

Updated 8:55:57 AM

Jul 3, 2009 (China Knowledge) - General Motors Corp (GM) said on Wednesday that sales at Shanghai General Motors Co Ltd (Shanghai GM) jumped 71.5% year on year to 60,356 units in June, sources reported.During the period from January to June, Shanghai GM, the joint venture (JV) between GM and Shanghai Automotive Industry Corp (SAIC), ...More

Latest News

11:05:10 AM Chinese stocks open 0.80% lower on Fri

10:43:37 AM Air China launches direct flight linking Beijing and Lhasa

10:40:21 AM China Development Bank to set up representative office in Brazil

10:11:46 AM China Mobile still pursuing stake in Taiwan's FET

9:26:13 AM Suntech wins US$50 mln in convertible loans from IFC

9:17:23 AM Beijing's residential property transaction volume swells in H1

Today's Top Stories Search News Or

Franshion Property acquires land at record price in Beijing

Franshion Property (China) Ltd<0817> on Jun. 30 won the bidding for a piece of land in Beijing at the price of RMB 4.06 billion or RMB 16,022 per square meter (sq m) of potential floor area, a record price for Beijing land sold in public, sources reported.The final price was RMB 1.44 billion higher than the starting price,...More

Bank of China to extend RMB 80-bln credit line to CSSC

Bank of China (BOC)<601988><3988>, the largest foreign exchange lender in China, on Wednesday signed an all-round cooperation agreement with China State Shipbuilding Corp (CSSC), the country's biggest ship builder, the Shanghai Securities News reported.Under the terms of the agreement, BOC will...More

Hang Seng Index down 1.09% on Thu

Hong Kong stocks fell on Thursday. The Hang Seng Index, the benchmark, opened 402 points higher at 18,781. After touching the intraday low of 18,053.1 points, the blue-chip Hang Seng Index fell 200.68 points or 1.09% to close at 18,178.05.Mainboard turnover rose to HK$68.38 billion....More

Commentary & Analysis

By Grace Tian

China's New Health-Care Reforms: Fairness vs. Effectiveness
On April 6, China unveiled a new series of health-care reforms, hoping to boost funding and oversight to provide "safe, effective, convenient and affo...More

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Today's News Listing


	Chinese stocks open 0.80% lower on Fri (3 Jul)

	Air China launches direct flight linking Beijing and Lhasa (3 Jul)

	China Development Bank to set up representative office in Brazil (3 Jul)

	China Mobile still pursuing stake in Taiwan's FET (3 Jul)

	Suntech wins US$50 mln in convertible loans from IFC (3 Jul)

	Beijing's residential property transaction volume swells in H1 (3 Jul)

	Taiwan's Chunghwa Telecom to launch new iPhone 3Gs (3 Jul)

	China Petroleum Jilin Chemical wins contracts worth RMB 267 mln (3 Jul)

	Shanghai GM sales up 71.5% in June (3 Jul)

	Hang Seng Index down 1.09% on Thu (2 Jul)

	Shanghai Huayi Group to issue RMB 4 bln in financing bills (2 Jul)

	Bank of China to extend RMB 80-bln credit line to CSSC (2 Jul)

	BAIC to submit detailed bidding plan to GM for Opel (2 Jul)

	2 Chinese investors join US$750-mln Mauritius project (2 Jul)

	Chinese stocks up 1.73% on Thu (2 Jul)

	Sichuan Expressway wins first IPO approval on Shanghai bourse (2 Jul)

	Jiangxi Wannianqing Cement buys cement assets for RMB 300 mln (2 Jul)

	China Unicom to pour RMB 10 bln into Guangxi in 5 years (2 Jul)

	World's largest shipyard title goes to new shipyard in China (2 Jul)

	Xiamen Prosolar Technology mulls acquiring mineral asset (2 Jul)

	Barclays views China as key market (2 Jul)

	Lenovo to expand in India (2 Jul)

	Zimbabwe obtains US$950-mln credit line from China (2 Jul)

	Shanghai Construction to issue shares by private placement (2 Jul)

	Turkish Airlines to fly direct from Istanbul to Shanghai (2 Jul)

	Central Huijin may maintain stake in BOC when lock-up ends (2 Jul)

	PBOC sells RMB 50 bln in 3-month bills (2 Jul)

	Hang Seng Index finishes 0.96% higher at midday (2 Jul)

	Chinese stocks up 0.90% at mid-day (2 Jul)

	IDG injects RMB 44.12 mln into China CYTS Tours unit (2 Jul)

	Sino-Singapore Tianjin Eco-City ties up with Shimao Property (2 Jul)

	China's 2nd home-grown ARJ21-700 takes maiden flight (2 Jul)

	Hang Seng Index opens 402 points higher on Thu (2 Jul)

	China to ban imports of U.S. chicken (2 Jul)

	China to double traditional medicine output in 10 years (2 Jul)

	China Overseas starts RMB 3.3-bln property project (2 Jul)

	Chinese stocks open 0.23% higher on Thu (2 Jul)

	TSMC's revenue drop narrowed in June (2 Jul)

	Franshion Property acquires land at record price in Beijing (2 Jul)

	Capital Group raises stake in Wumart Stores to 6.17% (2 Jul)

Finance: View All			Stock Market: View All

Mainland investors now allowed to invest in 100 sectors in Taiwan Taiwan on Tuesday issued new rules to allow mainland investors to invest in 100 sectors on the island, as the local government aims to make the stock market one of the world's top performers, Reuters ...More			Chinese stocks open 0.80% lower on Fri Chinese stocks opened lower on Friday morning. The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, opened at 3,035.81 points, down 0.80% or ...More
Real Estate: View All			Economy: View All

Beijing's residential property transaction volume swells in H1 In the first half of this year, Beijing sold 83,000 units in residential properties at an average price of RMB 13,000 per square meter (sq m), reflecting a year-on-year growth of 86% in transaction vo...More			China's official PMI stood at 53.2% at end-Jun China's Purchasing Manager's Index (PMI) rose 0.1 percentage points to 53.2% in June, according to statistics released by the China Federation of Logistics & Purchasing (CFLP). The index, a major indi...More
Funds: View All			Bonds: View All

HK Exchange Fund's assets hit HK$1.76 trln at end-May The Hong Kong Monetary Authority (HKMA), Hong Kong's de facto central bank, on Tuesday said that the total assets of Hong Kong's Exchange Fund increased by HK$ 114.7 billion from the end of April to H...More			Shanghai Huayi Group to issue RMB 4 bln in financing bills Shanghai Huayi Group Co, a Chinese chemical conglomerate and the parent of Double Coin Holdings Ltd<600623><900909>, announced that it has obtained regulatory approval to issue one-year financing bill...More
Industries: View All			Company News: View All

China to double traditional medicine output in 10 years China will accelerate the modernization of the traditional Chinese medicine (TCM) in the next ten years, aiming to raise the output value of the TCM industry to RMB 400 billion, according to a report ...More			Shanghai GM sales up 71.5% in June General Motors Corp (GM) said on Wednesday that sales at Shanghai General Motors Co Ltd (Shanghai GM) jumped 71.5% year on year to 60,356 units in June, sources reported.During the period from January...More
R&D: View All			Trade: View All

China's 2nd home-grown ARJ21-700 takes maiden flight The second China-made ARJ21-700 jet took a successful maiden flight on Wednesday in Shanghai, following last year's successful maiden flight of the country's first regional jet, the Shanghai Daily rep...More			Beijing's residential property transaction volume swells in H1 In the first half of this year, Beijing sold 83,000 units in residential properties at an average price of RMB 13,000 per square meter (sq m), reflecting a year-on-year growth of 86% in transaction vo...More

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