Markets stayed positive most of the trading day with the SZE Component Index testing the 10,000 points mark in the afternoon session. The benchmark Shanghai Composite Index closed marginally higher at 2,567.34 up 0.29% or 7.43 points and the Shenzhen Component Index closed at 9,947.81 up 0.49% or 48.14 points. Combined turnover increased to RMB 231.16 bln, up from 221.65 bln the previous trading day.

Finance and Insurance Industrial and Commercial Bank (601398) up 0.24% to RMB 4.21, China Construction Bank (601939) up 0.22% to RMB 4.50, Bank of China (601988) doen 0.28% to RMB 3.55, Bank of Communications (601328) down 0.43% to RMB 6.93, China Merchants Bank (600036) up 1.70% to RMB 16.16 and China CITIC Bank (601998) down 0.20% to RMB 4.96.

Ping An Insurance (601318) down 0.07% to RMB 40.91, China Life Insurance (601628) down 1.42% to RMB 24.09 and CITIC Securities (600030) down 0.83% to RMB 25.15.

Real Estate China Vanke (000002) up 2.73% to RMB 9.04, Poly Real Estate (600048) up 1.50% to RMB 20.29, Gemdale Corporation (600383) up 0.47% to RMB 12.88 and Beijing North Star (601588) down 0.41% to RMB 4.83.

Resources and Energy PetroChina (601857) up 0.08% to RMB 11.95, China Petroleum & Chemical (600028) down 0.40% to RMB 10.07, China Shenhua Energy (601088) down 0.71% to RMB 26.50, China Coal Energy (601898) down 1.62% to RMB 10.91, Aluminum Corporation of China (601600) down 1.30% to RMB 10.63 and Datong Coal (601001) up 2.71% to RMB 31.81.

Gold stocks improved with Zijin Mining (601899) up 1.35% to RMB 8.98, Zhongjin Gold (600489) up 3.07% to RMB 62.72 and Shandong Gold (600547) up 2.14% to RMB 39.63.

Metals and Materials Baoshan Iron & Steel (600019) down 0.50% to RMB 6.01, Anhui Conch Cement (600585) down 0.68% to RMB 45.56, Jiangxi Copper (600362) down 2.92% to RMB 24.95, Wuhan Iron & Steel (600005) down 1.22% to RMB 7.26 and Maanshan Iron & Steel (600808) down 0.73% to RMB 4.07.

MY01/VW/YS
5 May 2009

Stocks surged today on the back of renewed consumer confidence and overall better profits reporting for Q1 2009 vs the previous 2008 quarter. Key sector performers were Real Estate, Materials and Resources.

The benchmark Shanghai Composite Index closed marginally higher at 2,559.91 up 3.32% or 82.34 points and the Shenzhen Component Index closed at 9,899.67 up 4.18% or 397.15 points. Combined turnover increased to RMB 221.65 bln, up from 194.14 bln the previous trading day.

Finance and Insurance Industrial and Commercial Bank (601398) up 2.69% to RMB 4.20, China Construction Bank (601939) up 1.81% to RMB 4.49, Bank of China (601988) up 1.71% to RMB 3.56, Bank of Communications (601328) up 2.65% to RMB 6.96, China Merchants Bank (600036) up 2.52% to RMB 15.89, China CITIC Bank (601998) up 2.47% to RMB 4.97.

Ping An Insurance (601318) up 3.12% to RMB 40.94, China Life Insurance (601628) up 3.38% to RMB 24.44, China Pacific Insurance (601601) up 4.05% to RMB 18.26, CITIC Securities (600030) up 4.58% to RMB 25.36 and Shanghai Pudong Development Bank (600000) up 2.81% to RMB 23.82.

Real Estate China Vanke (000002) up 3.77% to RMB 8.80, Poly Real Estate (600048) up 2.94% to RMB 19.99, Gemdale Corporation (600383) up 4.06% to RMB 12.82, Beijing North Star (601588) up 4.53% to RMB 4.85, Beijing Capital Development (600376) up the maximum daily limit of 10 % to RMB 16.59 and Tianjin Realty Development (600322) up 8.54% to RMB 5.59.

Transport and Logistics China COSCO Holdings (601919) up 5.61% to RMB 12.61, Daqin Railway (601006) up 3.36% to RMB 9.84, Shanghai International Port Group (600018) up 1.70% to RMB 5.98, Air China (601111) up 3.44% to RMB 6.91 and China Shipping Container Lines (601866) up 3.85% to RMB 4.32.

Resources and Energy PetroChina (601857) up 3.20% to RMB 11.94, China Petroleum & Chemical (600028) up 3.59% to RMB 10.11, China Shenhua Energy (601088) up 7.93% to RMB 26.69, China Coal Energy (601898) up 6.53% to RMB 11.09, Aluminum Corporation of China (601600) up 4.06% to RMB 10.77, Zijin Mining (601899) up 1.96% to RMB 8.86, Yanzhou Coal Mining (600188) up 8.02% to RMB 15.35, Western Mining (601168) up 6.28% to RMB 14.55, Shandong Gold (600547) up 1.49% to RMB 38.80 and Datong Coal (601001) up the maximum daily limit of 10% to RMB 30.97.

Metals and Materials Baoshan Iron & Steel (600019) up 4.50% to RMB 6.04, Anhui Conch Cement (600585) up 3.38% to RMB 45.87, Jiangxi Copper (600362) up 6.07% to RMB 25.70, Wuhan Iron & Steel (600005) up 7.14% to RMB 7.35, Maanshan Iron & Steel (600808) up 4.86% to RMB 4.10, Inner Mongolia BaoTou Steel Union (600010) up 3.89% to RMB 3.74, Hunan Valin Steel (000932) up 7.84% to RMB 6.60 and Minmetals Development (600058) up 5.47% to RMB 17.55.

MY01/VW/YS
4 May 2009

Markets stayed in positive territory for most of the day led by real estate but banks and securities were weaker on lower earnings reports with Citic Securities plunging 3.88%. The benchmark Shanghai Composite Index closed marginally higher at 2,477.57 up 0.38% or 9.38 points and the Shenzhen Component Index closed at 9,502.52 up 1.27% or 119.31 points. Combined turnover increased to RMB 194.14 bln, up from 179.16 bln the previous trading day.

Finance and Insurance Industrial and Commercial Bank (601398) down 0.49% to RMB 4.09, China Construction Bank (601939) down 0.45% to RMB 4.41, Bank of China (601988) down 0.85% to RMB 3.50, Bank of Communications (601328) down 0.44% to RMB 6.78, China Merchants Bank (600036) down 2.64% to RMB 15.50 and China CITIC Bank (601998) down 1.82% to RMB 4.85.

Ping An Insurance (601318) up 1.15% to RMB 39.70, China Life Insurance (601628) up 0.08% to RMB 23.64 while CITIC Securities (600030) plunged 3.88% to RMB 24.25 after revealing a 41% drop in 2008 profits YOY.

Real Estate China Vanke (000002) up 2.17% to RMB 8.48, Poly Real Estate (600048) surged up 8.25% to RMB 19.42, Gemdale Corporation (600383) up 9.80% to RMB 12.32, Beijing North Star (601588) up 2.20% to RMB 4.64, Huafa Industrial (600325) up 3.40% to RMB 17.03 and China Enterprise (600675) hit the maximum daily up limit of 10% to RMB 12.41.

Resources and Energy were mixed with PetroChina (601857) down 0.26% to RMB 11.57, China Petroleum & Chemical (600028) up 0.51% to RMB 9.76, China Shenhua Energy (601088) down 0.04% to RMB 24.73, Aluminum Corporation of China (601600) up 0.88% to RMB 10.35, China Coal Energy (601898) down 0.29% to RMB 10.41, Zijin Mining (601899) down 1.03% to RMB 8.69, Yanzhou Coal Mining (600188) down 0.84% to RMB 14.21, Western Mining (601168) up 0.74% to RMB 13.69 and Shandong Gold (600547) up 1.24% to RMB 38.23.

Metals and Materials Baoshan Iron & Steel (600019) unch at RMB 5.78, Anhui Conch Cement (600585) up 8.54% to RMB 44.37, Jiangxi Copper (600362) up 2.37% to RMB 24.23, Wuhan Iron & Steel (600005) down 0.72% to RMB 6.86 and Maanshan Iron & Steel (600808) down 0.76% to RMB 3.91.

MY01/VW/YS
30 April 2009

Markets managed a steady climb throughout the day led by finance, construction and real estate sectors on news of China's determination to turn Shanghai into an international finance and shipping centre by 2020. Other factors influencing the market include talk of using the yuan (renminbi) as a regional settlement currency as well as a reserve currency.

The benchmark Shanghai Composite Index closed at 2,468.19 up 2.78% or 66.75 points and the Shenzhen Component Index closed at 9,383.21 up 3.06% or 278.91 points. Combined turnover increased to RMB 179.16 bln, up from 137.42 bln the previous trading day.

Finance and Insurance Industrial and Commercial Bank (601398) up 2.49% to RMB 4.11, China Construction Bank (601939) up 2.55% to RMB 4.43, Bank of China (601988) up 1.73% to RMB 3.53, Bank of Communications (601328) up 8.96% to RMB 6.81, China Merchants Bank (600036) up 4.81% to RMB 15.92, China CITIC Bank (601998) up 3.13% to RMB 4.94, Shanghai Pudong Development Bank (600000) up 9.55% to RMB 23.06, Industrial Bank (601166) up 7.95% to RMB 23.75.

China Life Insurance (601628) up 3.69% to TMB 23.62, China Pacific Insurance (601601) up 6.35% to RMB 17.43, Haitong Securities (600837) up 4.01% to RMB 12.97 and CITIC Securities (600030) up 2.69% to RMB 25.23.

Real Estate China Vanke (000002) up 4.01% to RMB 8.30, Poly Real Estate (600048) up 5.87% to RMB 23.45, Gemdale Corporation (600383) up 7.88% to RMB 11.22, Beijing North Star (601588) up 3.42% to RMB 4.54, Xinjiang Guanghui Industry (600256) up 4.11% to RMB 14.20 and Huafa Industrial (600325) up 5.58% to RMB 16.47.

Transport and Logistics China COSCO Holdings (601919) up 3.02% to RMB 12.27, Daqin Railway (601006) up 3.32% to RMB 9.64, Shanghai International Port Group (600018) up 5.90% to RMB 5.92, Air China (601111) up 6.89% to RMB 6.52 and China Shipping Container Lines (601866) up 3.71% to RMB 4.19.

Resources and Energy PetroChina (601857) up 1.22% to RMB 11.60, China Petroleum & Chemical (600028) up 2.86% to RMB 9.71, China Shenhua Energy (601088) up 3.08% t RMB 24.74, Aluminum Corporation of China (601600) up 2.91% to RMB 10.26, China Coal Energy (601898) up 4.19% to RMB 10.44, Zijin Mining (601899) up 0.34% to RMB 8.78, Yanzhou Coal Mining (600188) up 3.17% to RMB 14.33.

Metals and Materials Baoshan Iron & Steel (600019) up 2.12% to RMB 5.78, Anhui Conch Cement (600585) up 3.44% to RMB 40.88, Jiangxi Copper (600362) up 3.00% to RMB 23.67, Wuhan Iron & Steel (600005) up 3.29% to RMB 6.91 and Maanshan Iron & Steel (600808) up 2.07% to RMB 3.94.

MY01/VW/YS
29 April 2009