Established 1999
     
8,000 companies from USA and India.  
   
Search over 25,500 news articles and 8,000 companies earnings    
 
Market Update : 
China Inflation Accelerates, Loans Decline
Author: Mayank Mehta
123jump.com
Last Update: 7:57 AM ET March 11 2010


(Continued)

Email article | Print article

China reported a rise in inflation and industrial production in February driven by economic stimulus and seasonal factors. Inflation gained for the fifth month in a row and 16-month high. New loans declined to $103 billion but ahead of the 22% annual increase target set by the central bank.

 
Esprit Holdings Limited rose 1.7% to HK$58.15.

Geely Automobile Holdings Limited gained 3.7% to HK$4.16 after the automaker arranged financing to buy Volvo division of Ford Motor Company for about $2.10 billion, a Swedish business daily reported on Wednesday.

Guangzhou R&F Properties Co., Ltd decreased 1.7% to HK$12.72.

Li & Fung Limited the supplier for retailers rose 2.4% to HK$40.00.

Parkson Retail Group Limited the department-store chain gained 4.3% to HK$13.50.

Sun Hung Kai Properties Limited closed unchanged at HK$114.40 after the property developer reported first half revenues fell 12% to HK13.3 billion from HK$15.1 billion a year ago. Net profit in the first half rose 1,972%to HK$14.3 billion or HK$5.59 per diluted share compared to net profit of HK$692 million or HK$0.27 per share a year ago.




  1  2 More: Hong kong Market Update Archive

 



Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

Other Sites:
© 1999-2012 123jump.com. All rights reserved