2010年7月18日星期日

Beijing is about 540 million middle-class majority of slaves into house slaves car

Beijing is the middle class in the social class structure, the proportion has exceeded 40%, about 540 million people. This is the last of Beijing University and Chinese Academy of Social Sciences Social Sciences Documentation Publishing House jointly issued the "social construction of Beijing 2010 Report" published data. The report from the social enterprise, social management, social structure, the three aspects of Beijing from 2009 to 2010 social construction analysis of the hot issues.


■ Key words middle class

Average monthly income of 6,000 yuan into the middle

According to "report" on the social structure of Beijing, Beijing is the middle class in the social class structure, the proportion has more than 40%, or about 540 million people, which compared favorably with 23% of the national average (according to the Chinese community ASTRI sociology "Structural Changes of Contemporary China"). This is in Beijing as the city's economic, cultural and other advantages are closely related.

From the income perspective, the Beijing Bureau of Statistics announced on July 16, 2009 average monthly wages in Beijing for the 4037 yuan, the "Report" survey of the middle class average monthly income of 5,923.18 yuan, the middle class families average monthly income of 10,007.96 yuan (family monthly income was 3692.97 yuan per capita), while the Beijing urban household income of 22,417 yuan on average. Given the survey found that middle-class income-reporting is common, therefore, the actual income of the middle class should be higher than the survey results.

Beijing within the middle class income, the degree of differentiation than the general level of society. With the highest income group is the main group of SMEs, the average monthly income of 9,666.67 yuan, the lowest is the staff and other groups, to 2947.76 yuan. Survey results show that 20% of the middle class the lowest income group and 20% highest income group was 9.09 times the income gap.

The majority as "house slaves", "car slaves"

"Report" pointed out the middle class in China include mid-level party and government organs and institutions in leading cadres, medium and small private entrepreneurs, business managers, teachers, doctors and other professional and technical personnel, the staff and some individual business. Within the middle class, only 170 million people, or about 30% in the middle and upper classes, there are nearly 70% in the middle and lower classes, facing the dual pressures of work and life.

Layer from the inside point of view, in the upper middle class, the location of most major leading cadres, in addition to the majority of SME owners and some managers, professional and technical personnel. They received a good education, a certain amount of Quan Li, have a high income, spending power endowed property, private Ju Yi Ji other Gaodang consumer goods, Zai Wen Hua resources, organizational and economic resources owned Fangmian in You Shi.

The staff, the majority of individual businesses and junior titles in the professional and technical personnel in the middle and lower middle class position. Size of about 308 million people, accounting for the total number of middle class 68.5%. They received a good education, but in the organization of resources and economic resources have a relatively inferior position of respect. Strong consumer demand, not high income level with the face of high prices, automotive and other bulk consumer, as "house slaves", "car slave."

Body force recommended six potential shares

New Huangpu (600,638) (600,638) national real estate company is developing a comprehensive business intelligence, also real estate-related business services, as well as financial, trade logistics, technology parks, medical equipment and other aspects of exploration and development of diverse, results striking. Secondary market, the biggest decline since April the stock up 50% yesterday, the stock contrarian heavy volume up, investors or start an oversold rally, continue to be strong probability is too large, the proposed attention.


Gu Yue Long Shan (600,059) (600,059) in the wine industry, the company has deep historical background and the leading position, owns Gu Yue Long Shan, Shen and, Jianhu and NU ER such as first-line brand rice wine industry, wine accounted for in the high 85% market share. Secondary market, the stock adjustment in the round still maintain their own run-in pattern, combined with its excellent fundamentals, investors should be positive attention.

Garbo Group (600,622) (600,622) is the Jiading District, Shanghai SASAC's small and medium regional developers, real estate development as its core business, while covering commerce and trade, electronics and capacitor manufacturing operations. Secondary market, the stock with the broader market Shenfudiaozheng, low building at the bottom of the recent platform, the gradual restoration of the technical indicators, short-term is expected to commence in cooperation with the broader market rally, recommended investors due attention.

Overseas shares (002,236) (002,236) is a security video surveillance industry in China's leading enterprises, the main products are embedded DVR, its market share in second place. Ministry of Commerce will take seven measures to promote the development of software and information services, policy news, by the impact of electronic information on behalf of the rise of new industries to flee. Secondary market, the stock upward trend shock, there is still room for the market outlook is expected to be temporary Chi Chou.

CYTS (600,138) (600,138) covering the main business "meals, lodging, travel purchase entertainment" part of the six elements of tourism, business formation of strong anti-risk ability, the 2010 first quarter operating income of 1.108 billion yuan, net profit of 41.45 million yuan, up respectively 29.8% and 24.5%, in line with expectations. Secondary market, the stock started at 5 online side rebound Liangnengpeige ideal, consider their Wuzhen scenic area has split the management of public expectations and the dynamic performance of the release of strong investor interest may be appropriate.

Kane shares (002,012) (002,012) Company for the current worldwide production of only two series electrolytic capacitors can be one of the manufacturers of paper, as the only, the world's second series of electrolytic capacitor paper production enterprises in China electrolytic capacitor paper industry in a relatively monopolistic position and maintain a higher gross margin. Secondary market, the stock can still short-term rebound, investors still have space available due attention.

2010年7月17日星期六

Zijin Mining Group settled Daxinganling

Heilongjiang Daily News (Meng Qinghai's Hao Sun) Recently, a new forest Daxinganling 500 enterprises in China - Zijin Mining Group on mineral resources exploration, development and cooperation agreements reached and the signing ceremony held in the area.

After several rounds of field research, investigation, demonstration and consultation to discuss and reach a number of cooperation agreements: Zijin Mining Group Co., Ltd. of Northeast Asia and the New Forest on mineral resources exploration, development and entered into a collaboration; the company and the new Mining Investment Co., the global forest signed Kuhnhausen river rock gold exploration and development contracts, and Daxinganling Gold Mining Co., Ltd. signed a cooperative manner under investigation Galle River lead-zinc mine census, and reached Daxinganling ZTE Mining Co. Metal Ore Copper Gold and Silver comprehensive recovery the use of such cooperation.

Zijin Mining to further postpone overseas acquisition

Zijin Mining (601 899) 7 announcement, said on May 6 this year, the company wholly owned subsidiary of Kim Yun-Mining (BVI) Limited announced that the tender offer Indophil Resources NL (hereinafter referred to as "Indophil") is valid from 5 in 2010 14 (Friday) 7 pm (Melbourne time) extended to 2010 7 月 9 日 (Friday) 7 pm (Melbourne time). Analysts worry about this, whether the company met with the foreign acquisition of a resistance.

In fact, as early as March 10, 2010, Kim Yun-Mining announced the acquisition of this offer is valid from Indophil at 19 o'clock on the March 19, 2010 be extended to at 19 o'clock on the April 16, 2010. It took nearly a month, Kim Yun-mining the tender offer period was extended for another month, until at 19 o'clock on the May 14, 2010.

As at 9 o'clock on May 6, 2010 (Melbourne time), Kim Yun-mining and its associates held by Indophil 29.81% interest [under the Australian Corporations Act 2001 (the Corporations Act 2001 (Cth)) definition].

As of this announcement, the tender offers have been Australia's Foreign Investment Review Board approval; Indophil has completed Alsons Corporation SMI3.27% interest held by the acquisition; Tampakan copper and gold project in the final feasibility study report has been completed and submitted to the Philippine Bureau of Mines and Geology.

Zijin Mining purchased 1.162 billion yuan of African copper-cobalt mine

Xinhua Beijing on May 8 Xinhua Zijin Mining (601 899) 8 announcement, the firm with the Africa Development Fund Co., Ltd. jointly established the project company, invested 284 million U.S. dollars (about 1.937 billion yuan) acquisition of Copperbelt Minerals Limited indirectly holds the Congo (DRC) Deziwa copper and cobalt mining projects and Ecaille C copper cobalt project. Africa Fund, the holding company and joint venture 60% and 40% of the shares, which invested 170 million U.S. dollars Zijin Mining (about 1.162 billion yuan). Set up joint venture will acquire a wholly-owned subsidiary of Zijin Mining 100% of the shares of Golden Delicious, Golden Delicious mining the specific implementation of the acquisition.

The acquisition is the subject for the Copper-belt held Platmin entire issued share capital and the Copperbelt 261 million accounts receivable within the Group. Platmin through its main assets registered in the Congo (DRC), a wholly owned subsidiary of Platmin Congo holds 68% stake SOMIDEC. The remaining 32% owned by the Congo (DRC) held the national mining company, the stake is not diluted.

SOMIDEC major asset for the project has Deziwa copper and cobalt mining cobalt ore copper Ecaille C 100% interest in the project.

Zijin Mining issued A shares A shares opened 0.1 per precedent

According to Xinhua News Agency, Beijing, April 7 - Gold industry leaders Zijin Mining Group Co., Ltd. announced on the 7th A share prospectus, to be not more than 15 million shares issued A shares. The offering of the company's A shares, par value per share of 0.1 yuan, which is in the A share offering in the history of the first.

Zijin Mining is the first overseas-listed gold producer, led principally engaged in gold mining industry, mineral resources, pollution of those toxic and mineral sales.

The company issued shares for the face value of 0.1 yuan per share, with the Shanghai and Shenzhen listed companies are 1 per share par value is different on this issue, industry experts believe that the issue of compliance with the law. Company Law stipulates that the 128th, the Company shall not be less than the par value (face value) the price of outstanding shares, issued at a discount that is not allowed, but must face value of 1 per requirement.

Experts pointed out that, in fact, only a nominal value of the stock units, multiplied with the face value, the number can be converted into equity shares of the number. Measure of shareholder control in the company (including voting rights) size, mainly depends on the number of shares and the resulting equity ratio has nothing to do with the stock face value. For investors, an 0.1 yuan face value of the stock, and an 1 per share par value is exactly the same, investors should be concerned about the major share of its net assets, earnings per share, compared with the price per share, and then make investment decisions without having to care about what share of net assets account for much of the share capital.

Zijin Mining H shares rose more than 3% A shares closed up slightly

Been involved in environmental pollution incident in Zijin Mining (02899.HK) plunged yesterday after the shock today following the broader market higher, as of 11:35, shares up 3.27%; A shares, the stock stabilized meteoric rise to the session, closing slightly higher 0.52%.

As of yesterday's close, the company's stock fell 12.19% to close at 4.9 Hong Kong dollars. Some media reports, Vice President Liu Rongchun Zijin Mining said today that a clear cause of the accident investigation, the company will bear the corresponding liabilities accruing.

Yesterday, the ministry websites, the "green market on further verification of strict management system to enhance supervision of listed companies after the verification of environmental protection work," which called the jurisdiction of provincial environmental protection department urged listed companies publish annual environmental reports.

Zijin Mining accidents worthy of reflection

Lasted for many days of wet plant in Fujian Zijin Mining Copper finally sewage leakage accident preliminary findings and treatment results. Some of them exposed to changes in local economic development approach is worthwhile in-depth reflection difficult.

Zijin Mining production has existed for many years in environmental issues, and whenever pollution incidents, rectification, accountability, compensation is often deliberately obscured the voices of and avoid. According to Deputy Mayor Liang Shanghang eight students revealed that as early as September 2009 the relevant departments will check found that Zijin Mining copper there Hongdong hidden wet plant row, and demanded rectification, but until this serious incident has not changed. This people can not help asking: regulators such inaction, in the end because of what?

The reason is not complicated. According to the survey, Shanghang County is one of Zijin Mining's major shareholder, the county fiscal revenue 50% to 60% of Zijin Mining. Although officials reminded before, a single local source of finance is very risky, but unfortunately, did not convert the local government ton output as pollution, changes in the way of economic development and as a determination. In this "prospering or declining, a loss for both sides" in the interests of the community, environmental regulation, "arm" How can the county finance twist too, "thigh"?

Mining production is a kind of great impact on the ecological environment of the industry, if the local government mired in fiscal, GDP growth of temptation, and the ecological, social costs Caiqu short-sighted and ignore the attitude, the consequences must be disastrous, decade the rise of inter-Xun Su The Zijin Mining is just a typical type of development. In recent years, mining and smelting around the numerous outbreaks of heavy metals pollution incidents, has led to the local ecological environment and people related to the interests of serious damage, is it not justify radical changes in attitudes and behavior What wrong?

With Hakka "Mother River," said the Tingjiang, because Zijin Mining pollution incidents suffered great ecological damage. Demolition of the current incident to Environmental Protection Bureau, Economic Secretary for the two officials are accountable for processing, and director of mines and other three persons responsible for criminal detention, public security organs have been on file for investigation leakage. Hope that the incident be thoroughly investigated and hope that other parts of warning, the real plant as Zijin Mining propaganda slogan says, to do "business, employees, and social development."

2010年7月15日星期四

Rio Tinto Alcan smelter capacity Laterriere half

July 7, Rio Tinto Aluminium Canada (Rio Tinto Alcan) said that its aluminum smelter in Quebec Laterriere as a result of power failure, are running at half capacity.


The company said Tuesday that the smelter production severely disrupted after the failure of two power transformers, causing the plant does not have enough power to continue to operate at full capacity.

Laterriere smelter has been suspended a production line of production, half of the current capacity of 235,000 tons.

Company said no workers were injured in the accident, the accident is under investigation. The company hopes to resume suspended in the next few weeks, the production line.

Fuel switch to buying less Kuayue spread backwardation

Singapore on July 6, according to sources, the Asian fuel oil market held firm Tuesday, the spot in July / August Kuayue spread in more than five months since the first go against the spread, and two grades of fuel oil physical spread also go to the positive region.

Fuel oil crack spread remained at near two-month high, representing a premium for a second day of Dubai crude oil less than 5.00 U.S. dollars.

However, fixed-price contract volume declined in August due to buying less, only 75 thousand tons of transactions, the previous day was 22.5 million tons, the sale prices ranged between USD 428.50-429.75 per ton.

In July from the West into the East Asia arbitrage cargoes at 350-360 million tons, compared with nine months before the month's record high of 380-390 million tons of reduction of 8%. In August remained unchanged at 240-250 million tons.

Official data showed on June 30 in Singapore stocks ended the week steady at 2,190 million barrels, slightly down 8.8 million barrels.

7 / August swap spread is the spread from 0.50 U.S. dollars per ton to take the firm 0.13 U.S. dollars per ton against the spread.

8 / September swap spreads also take firm, positive spreads narrowed 1.00 to 0.75 U.S. dollars per ton.

In recent months, in August contract crack spread wide and 0.04 U.S. dollars go a little barrel of Dubai crude oil than the premium 4.64 U.S. dollars.

180-cst fuel oil rose 1.25 U.S. dollars to 429.13 U.S. dollars per ton .380-cst fuel oil rose 1.38 U.S. dollars to 420.88 U.S. dollars per ton.

Previous day price movements of oil prices

Spot 180CST fuel 429.00/429.25 427.88 +1.25

Spot 380CST fuel 420.75/421.00 419.50 +1.38

Singapore's marine fuel oil 423.00/426.00 421.00 +3.50

380CST premium marine fuel oil 1.50 2.13 3.43/3.83