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Record Number of New Securities Accounts

China's bullish stockmarket has attracted an increasing number of individuals to open up securities accounts in order to trade shares. According to publicly available statistics, last week the number of newly registered accounts exceeded 480,000, the highest it's been in the past 18 months.

Yangcheng Evening News | 2009-07-22

800 Billion Yuan of New Loans Entered Real Estate ...

In the first half of this year, up to 800 billion yuan of new loans - including 538.1 billion yuan lent to real estate firms and 282.9 billion yuan in residential mortgage loans offered by banks to home buyers - flowed into the domestic real estate market, according to National Bureau of Statistics.

China Securities Journal | 2009-07-22

Central SOE Profits Down 26%

The accumulated profits of central state-owned enterprises reached 316.03 billion yuan in the first half of the year, down 26.2% when compared with profits from the same period last year.

China News | 2009-07-21

Beijing GDP Up 7.8%

Beijing's GDP grew by 7.8% in the first half of the year compared with the same period last year, with GDP for the first six months of 2009 amounting to 530.84 billion yuan.

The Beijing News | 2009-07-21

Sinopec Fuel Sales Fall 8.4% in First Half

Sinopec's fuel sales fell 8.43% to 57.71 million tons in the first half of this year, down from the 63.02 million tons sold during the same period last year.

Sinopec | 2009-07-21

More Residential Land Allocated to Stabilize Prope...

In a move aimed at stabilizing property prices, Beijing and Shanghai will set aside more land for residential development. Beijing's Changyang District plans to add 340,000 sqm of land while Shanghai's Jiading District will add approx 4 million sqm.

China Securities Network | 2009-07-21

Suning to Raise RMB 4 Billion in Limited Share Off...

Suning Universal Group - not to be confused with Suning Appliances - yesterday announced plans to offer up to 380 million shares at 13.40 yuan per share in order to raise 4.269 billion yuan in funds.

National Business Daily | 2009-07-21