Review of the cattle Olympic souvenirs 1 kg gold price 330000

Photo caption: bright gold-plated model of the nest. Photo: CAO Zi-chen

Peoples look forward to the imminent opening of the Olympic Games, Beijing Olympic souvenirs also very popular. Dongfang Wang reporters again today visited the Beijing Olympics flagship store merchandise concessionaire for the netizens inventory modeling several dazzling, high value of the "Prestige" souvenirs.



Photo caption: only 68 issue of the Olympic torch 1 kg gold price as high as 338,000 yuan. Photo: CAO Zi-chen

The highest single-value goods souvenirs

Olympic gold and silver medals counters, a Olympic torch relay gold eye-catching, the price on the label: 338,000 yuan.

The building of the gold medals weighing one kg, round gold in the hands of the heavy, positive medals collected by the flame, the nest, screen and the Great Wall, "the 29th session of the Olympic Torch Relay" on composition, lighting Irradiation, is the glittering genuine.

A concession to explore the entire Olympic merchandise stores, this chapter in all of the souvenirs of the highest single price, is definitely out-and-out "Jingui."



Photo caption: Olympic Quanji Lu 300 grams of the gold price nearly 120,000 yuan. Photo: CAO Zi-chen


All the elements of the Olympic souvenirs

Interested to see reporters, staff and enthusiasm on the cover of a major moment of Olympic medals. The silver chapter known as the "Olympics Quanji Lu", "the first time in the precious metals medals engraved on the Beijing Olympics opening time."

Full set of medals in the Olympic bid logo, emblem, mascot, torch, the nest 11 Olympic and other core elements were demonstrated, the whole chapter to the countdown clock to form a collection of relief, scrub, mirror and other technology, carefully carving the Beijing Olympics a classic Moment.

The staff of the precious metal in this set of medals in the first comprehensive display of Olympic element of great investment value of collections. However, the fine is fine enough, the price is high.



Photo caption: according to the standard ratio of 1:100 create the " 'nest' of the first Thai Pin," the use of the nest by the remaining steel dewaxing a sophisticated method of forming the casting, at 29,800 yuan. Photo: CAO Zi-chen

And the "nest" of the identity of souvenirs

Olympic merchandise concessionaire Central flagship store, a silver grey sculpture stands Moran, a carefully Duanxiang, this must Bukexiaoqu souvenirs, it is with the "nest" the same root and source of "Pin the first steel birds."

"Nest" Pin the first Thai to the nest of the first Pin Steel truss as the main form, according to a standard ratio of 100 to complete a casting.

The entire sculpture from pure "nest" construction remaining steel casting, approved by the Beijing Olympic Organizing Committee, the limited 5000, the market price 29,800 yuan.



Photo caption: from alloys, artificial crystal stone, natural jade and build from the Redwood Dr. Chen Chi-day Fuwa 6008 sets issued a total package, the retail price of 16,800 yuan. Photo: CAO Zi-chen

The manual for the luxury items

Wenrun the color of jade platform, the gold plating of carved railings, Loukongdiaozhuo net Jinhua windows, crystal mosaic of thousands of paint Fuwa, the Olympic merchandise concessionaire, "Dr. Chen Chi-day" Fuwa suite is the most cost manual The.

The main items on the Temple of Heaven real, to production ratio of 1:200,000. Temple of Heaven Basilica Tongti gold plating. Qi Niandian hand-inlaid 1300 crystal blue imitation. Basilica is located in the circular jade platform, every platform with a gold plating of carved railings.

Fuwa five stations around the platform, each Fuwa Tongti gold-plated, about seven centimeters high around the base headdress and also in accordance with the standard color, handmade mosaics of the 4100 imitation crystal.

"Dr. Chen Chi-day" Fuwa suite in the countdown to the Beijing Olympic Games released the first anniversary of the world the limited sets of 6008, the price of each 16,800 yuan.




Photo caption: The Water Cube model's internal structure is the uncompromising attention. Photo: CAO Zi-chen

The most eye-catching form of precious souvenirs

All Olympic souvenirs in the form, the nest and water cube is the biggest star, and in imitation of the nest and water cubic souvenirs, Zhenjinbaiyin create the "Water Cube Prestige version of the nest" is perhaps the most expensive.

"Water Cube Prestige version of the nest," respectively, in proportion to the actual shape narrow, nest, tied cubic meters of water in the base, when the chapeau, respectively, showed two venues of the internal structure.

A full set of souvenirs, "nest" external structure modeling to create pure gold and weighs 80 grams, the internal structure of alloy plated. "Water Cube" external structure modeling to 200 grams of refined Zuyin, rhodium plated surface, the internal structure of white alloy plated steel. The whole floor for the gold-plated alloy.

The souvenirs price 47,800 yuan.

The most touted and creative medals

And often a few million compared to the Olympic souvenirs, medals countdown to the opening of many more civilians, but it is the most touted and medals in the category.

The authorization from the BOCOG made medals, 10,9,8,7,6,5,4,3,2,1 days and the countdown to opening day as the theme, each of which medals performance of the day, a representative of the Olympic Games Competition venues, and the blessing of a language.

The gold-plated and bronze medals-two silver. Gold-plated copper in the chapter, the countdown from 10 to 1 day of the medals issued 20,000, the opening ceremony on the issuance of 60,000, the price of 126 yuan each; silver chapter, the countdown from 10 to 1 day of the issuance of the medals 5000, the opening ceremony on the issuance of 20,000, the price of 590 yuan each.

Interestingly, the 11 gold-plated bronze medals in the countdown to one of the medals on the opening day and very tight, many customers at the counter, carefully趴Duanxiang to buy a full set when being told, one of which two have Duandang , Want to wait for the purchase of goods. Staff explained, "We purchase a 100, both had sold out two days." (Author: Liu Hua Bin CAO Zi-chen)

Source: Dongfang Wang

Fund position: Olympic Weiwen crucial period will not be large stock sell-off

China Securities News

Stocks rose despite a row, but yesterday the market is still hope for the Olympic Games Quotes plight of investors feel like into the Bingku Long, Shangzhengzengzhi fell 60 points, two cities home a few stocks fell to 1562, rising only a few homes To 130.

"The market should not be the main seller, the Fund will not usually choose to sell shares at this time a lot." Number of fund investors told reporters. They believe that yesterday's crash, the main reason is lack of market impetus to do more, many of which funds and other institutional investors in the market Weiwen, such as multiple factors to consider, not a lot to sell the stock, but obviously the will of the Fund also Jiacang Small, less selling would enable the market tumbled.

Judgement on the differences between the big investors

During the recent disclosure of the Fund Quarterly Bulletin, can be found not to the Olympic Games Quotes Jiudeng and continuous decline in recent clue: on the third quarter, the judgement of the market there are more differences, some of which the Fund is also more pessimistic about the market that the market in three Quarter of the possibility of reversal is not great. Optimistic about the fund are not many investors, cautious wait-and-see attitude of fund managers accounted for the majority. Positions from the point of view, equity funds (except the QDII) positions the second quarter average 73 percent, slightly higher than the 2000 average of 71 percent, while the A-share valuation than the average level of 40 per cent discount. Thus, the Fund for investors more cautious.

It is understood that a pessimistic attitude on the market, a fund manager of macroeconomic bottomed out whether there is a greater concern, they said in the Quarterly Bulletin, high oil prices, high inflation on China's macro-economic constitute enormous pressure in the upper reaches of resources continued to Prices and lower reaches of the poor prices conduction circumstances, a new round of rising costs and declining demand for middle and lower reaches of the manufacturing sector will likely cause of the declining level of the economy, the market has been worried that corporate profits fell entities, the fundamentals are deteriorating May become a reality, the future profitability of the listed company's downside risk may not fully reflected in current stock prices, the market's understanding of this point Pianyu still optimistic.

Because the economy have not optimistic expectations, so this part of funds to the market recognized the valuation reasonable, and that is not up for, although the Shanghai and Shenzhen 300 stock average has been less than dynamic price-earnings ratio of 18 times, taking into account the market shares issued, Performance of growth and other factors, the overall market PE is indeed an unprecedented level of the low, but the valuation of nature is expected to reflect on the economy, expected no change in the economic, valuation levels are difficult to change.

Taking into account these factors, the Fund for the positions of the increase can be said to be very careful, many fund managers believe that the current trigger an opportunity to rebound or less, in the absence of a clear signal appeared relaxed before the stock positions still need to seriously improve.

Fund quietly optimistic approach

Optimistic about the same distinctive point of view. There are fund managers think that the market reaction to the macroeconomic downlink has been excessive, the market continued down the risk has been substantially less, can maintain relatively high positions and wait for the emergence of market opportunities. One of the fund managers believe that the third quarter of 2007 the valuation of confusion, investors are now in a reverse confusion. But needs to be pointed out is that this optimism is clearly not the number of funds, do not force more powerful, but in some stocks, have reduced its shares fell kinetic energy.

TOPVIEW According to the statistics, the Fund can be found quietly admitted this part of the shadow. For example, Ping An of China (601,318), China Ocean (601,919), China Life Insurance (601,628), China Merchants Bank (600036), Shanghai Pudong Development Bank (600000), and other blue chips, since some of the recent fund buying has been substantial, such as the July 28 One day, Ping An of China (601,318) net buying before the 10 seats, the Fund accounted for six, sold a net 10 seats in the first, the Fund accounts for only 2; China Merchants Bank (600036) to buy a net of 10 seats in the , The Fund accounted for 9, the day before sold a net 10 seats, the Fund accounts for only five, 10 and the amount of net buying 88.84 million yuan. 10 much larger than the amount of net selling 34.06 million yuan. It is part of the holdings of this part of the stock yesterday, the decreased generally smaller.

In addition, yesterday's fall of the stock less the second quarter also includes holdings of Chinese Medicine Unit. In the second quarter, equity fund holders a total of 23,243 million shares of pharmaceutical stocks, shares market value of 6.094 billion yuan, and at the end of the first quarter of this year compared to 20,949 million shares to increase holdings, market value of 3.5796 billion yuan holdings, Topline Express medicine (600,276), Yu Yue Medical (002,223), Hong margin of medicine (600,557), and other pharmaceutical stocks were also mostly in smaller shows that the fund has not been a lot of them sell, or even overweight.

Olympic stock market may be Weiwen

Jintao

At present, the Olympic Games opening ceremony on the front, while the stock market but did not appear the majority of investors expect the Olympic Games Quotes. We believe that the so-called Olympic market, may ultimately simply a Bushangbuxia "Weiwen" Quotes.

In a certain period of time, stock prices in a range of fluctuation, neither up nor down the movement of the market, may be the "Weiwen" Quotes. After all, in management, the collapse could lead to instability, but also the possible consequences skyrocketing. If understanding of this point, the recent stock market in the various "strange phenomenon" is not difficult to understand:

"Weiwen," but not substantive initiatives. From the authority of the media to the general media, from top to the experts, the recent market investors hear the most is the "Weiwen," but only see articles and comments, but did not see substantive initiatives. Since we are optimistic about the Olympic Games market, no substantive positive initiatives, Weiwen to achieve the same purpose. "Weiwen" is a substantive negative. Since we are optimistic about the Olympic Games market, also negative points to Wu Fang. Conversely, if there is no negative pressure roof, jumped in the Olympic Games Quotes how to do »So, in that everyone before the Olympic Games there will be no market share issue and listing of the background, it ushered in the South to the issuance of shares. "Weiwen" has become a peripheral or A-share market rose, the external market or A-shares fall to more "independent" market. Perhaps this may be the only explanation: 2566.53 points from the rebound, the market has already gained a lot of.

Of course, in the following two circumstances, "Wei Wen," Quotes may be broken: first, "Wei Wen," not only stay in words, become a substantive action, such as the size of influx of non-lifting of the ban has been effectively checked, the major stock market The scale of the financing plan was shelved, stabilization funds, such as direct intervention. Second, the pressure on the stock market was further enlarged, such as Everbright Securities, China's construction market share of the IPO, the shares following the South to continue in the short term after the release of the next August the size of the non-lifting of the ban still failed to respond to specific measures. "Weiwen," was the first break, a break up, have a real so-called Olympic market, and the second case, due to market confidence from the hit, the market continued to slump and record low, or even to 2300 or even 2000 points The following points. Have fallen for six months, there is as high as 60 percent of the huge decline in the A-share market, investors may expect is the first outcome! But the reality is likely, and so much more than a Bushangbuxia the "peacekeeping Stable "market.

(The author is on the Häfele vein, chairman of the Investment Management Co., Ltd.)

Multiple positive Zhuzhang dollars

U.S. The Conference Board's consumer confidence index in July from June touched the low of 16 rose to 51.9, stop the continuous decline in six months, showed that U.S. consumer confidence recovered.

Technically, the dollar index in 12 weeks, the downward trend line break is very likely, likely to start next intermediate rally. However, the short-term dollar index will be encountered in the vicinity of 73.85 weeks on the rail line near the Brin resistance, short-term support in the vicinity of 72.80. The corresponding euro against the dollar in the medium-term goal down below 1.5450, resistance in the short-term rebound in the vicinity of 1.57 British pound fell against the dollar medium-term objectives in the vicinity of 1.96, 1.99 short-term rebound resistance in the vicinity of the dollar against the yen of resistance at around 108.40 or 109.20, Support in the vicinity of 106.80.

U.S. employment data Lagao private enterprises dollar

U.S. employment data Lagao private enterprises dollar
ADP employment service organizations Wednesday announced private enterprises sector employment data show that private enterprises jobs increased in July 9000. Once the number of private enterprises jobs in June decreased by 77,000. In addition, the euro zone economic sentiment fell data indicates that the euro zone's economic situation is deteriorating. Wednesday the euro fell 0.3 percent to 1.5540 U.S. dollars, spent the night at a time Taizhi 1.5616 U.S. dollars. Dollar exchange rate by 1 to 0.1 percent than the 107.71 to 1 ratio 108.20. U.S. dollar index increased 0.3 percent to its highest since June 24, 73.493 DXY.

The first gold ETF only the first day of turnover 150 million Hong Kong dollar

Yesterday, the first gold exchange traded fund only the SPDR ETF (02840, HK) listed on the HKEx. The stock yesterday the Hong Kong dollar opened at 700.50, after opening up repeatedly, the Hong Kong dollar and 700.50 to 706.50 fluctuations between the Hong Kong dollar, the Hong Kong dollar on the day was at 705, with 20.854 million shares, the transaction volume of 1.5 billion Hong Kong dollars.

It is understood, SPDR ETF each of the 10 stocks in hand, only the main track is the first international gold spot price of gold Exchange Traded Funds. Each of the securities will receive the corresponding physical gold that this gold to keep this body for the equity holders and storage.

Only the first gold ETF only to Hong Kong investors bet the price of gold more direct way. Whether direct investment in gold bulls or value investors, through investment in gold ETF to avoid inflation.

Source: Daily Economic News

U.S. oil giant production down profits rely on high oil prices

The two major U.S. oil giant Exxon Mobil and Chevron reported to be the lowest since the 2005 production data, enterprises are expected in the high level of profits can only rely on high oil prices realized.

New York Macquarie Bank analyst Jason Gan HUMMEL expected, Exxon Mobil Corporation second quarter of the output will drop by more than 5 percent, marking at least the biggest decline in 10 years. And Chevron on the 10th is expected that the second quarter of its oil and gas output than the same period last year dropped 3.4 percent.

Meanwhile, according to Bloomberg News collection of analysts expect the results, ExxonMobil's net income in the second quarter to grow 26 percent to 12.9 billion U.S. dollars, U.S. companies set a record quarterly profit. Chevron profits will be over the same period increased by 11 percent to 5.95 billion U.S. dollars. Exxon Mobil and Chevron's second quarter earnings in July 31 and August 1 officially announced.

ExxonMobil and Chevron are doing their best to stop the decline in output. The two companies this year's capital expenditure budget close to 48 billion U.S. dollars, of which 75 per cent increase in production and prevent the decline in inventories. Among them, the Qatar ExxonMobil natural gas project, if launched as scheduled this year, production will increase 40 percent, the company's largest production projects. According to Gan HUMMEL disclose the information, Chevron in Nigeria may soon launch a coastal oil field project. The investment reached 5.4 billion U.S. dollars, Chevron is the largest new projects this year.

According to data provided by Bloomberg News, although this year's oil prices were to break through 147 U.S. dollars per barrel, but ExxonMobil and Chevron of the shares respectively in 1982 and since 2002 has been the largest decline, the two companies worth a total reduction of about 90 billion U.S. dollars. In addition, the major U.S. oil company stock prices reflect changes in the S & P oil stock prices this year has been a decrease of 12 percent, the worst since the 2002 performance. (Xinhua)

Greenspan said the U.S. house prices is far from bottoming out

U.S. Federal Reserve Chairman Alan Greenspan before the Committee on the 31st in a television interview that the U.S. housing prices fall far from bottoming out.

U.S. President George W. Bush has just signed a relief package of bills the real estate market, Greenspan this time position that he does not think that the U.S. Government and Congress to take measures can have immediate effect. But he also pointed out that: "We concentrate on stabilizing the financial system, which is very important."

A number of data indicate that the United States very sluggish real estate market. Standard & Poor's Case - Schiller's housing price index showed that in May U.S. housing prices in 20 major cities in the same period last year decreased by 15.8%. National Association of Realtors said that sales in June fell to second-hand housing 10 to the lowest point. The Commerce Department said new home sales in June fell 33.2 percent year-on-year.

Greenspan from 1987 to 2006 as chairman of the Federal Reserve, some critics believe that the U.S. real estate bubble a few years ago during his term of office of its low interest rate policy has a lot.

Liu Xiang, the value of 10 million mansion Exposure

Graphic: Liu Xiang in Shanghai has been secretly bought a villa. Recently, Liu Xiang, the third-site photos by the media exposure.
Miyake conditions set Putuo district
And a number of international stars in different countries have a metropolis compared to the property, Liu Xiang, the three home sites are not only in the same city, even in the same area, he Putuo This shows that reflected the feelings.



Graphic: Putuo District in the heart of the Metro long march Xianghuomingdi built in 2002, this 300,000 square meters of parks Waterscape from the community of villas, independent villas and up-to-small-wide renovation.



Graphic: the end of last year, Xianghemingdi launched a last batch of availability, mainly of 115 square metres of Liangshi Room 903, and 160 square metres of mainly average of 20,000 yuan / square meters.



Graphic: Liu Xiang in the area are purchased within the earlier completion of the independent villas, has now completed renovation.



Graphic: Although the actual purchase price and developers to consider whether the effect of celebrity and give preferential treatment unknown, but in a well-known real estate online, Xianghuomingdi a "construction in 2004, the building area of 439 square meters, the Office of 6 Room 3 4 Wei, has not been renovated, "Villa, has been denominated 14.5 million yuan, average 33,030 yuan / square meters.

China's extravagant consumption cities list

Graphic: 1. Shanghai (the first well-deserved, domestic non-luxury brands as much as any city can be and, not just luxury shopping malls in Shanghai, even the luxury regions, Shanghai's Bund area in the luxury world is the best)



Graphic: 2. Beijing (the second largest luxury brand, the end of October Beijing also opened several new high-end / luxury brand, but compared with Shanghai, obviously is not enough, many of Shanghai, Beijing also some luxury brands can not buy, but Beijing does not affect the status of the frontline town)



Graphic: 3. Hangzhou (2005 beyond Guangzhou, a real luxury for the third city, from clothing, leather goods, furniture, cosmetics ... many luxury brands has been done in Shanghai, Beijing, Hangzhou, only three places, even some Luxury brand has achieved a unique country. District of Hangzhou, one of the luxury lakeside international pruducts Street is the most advanced, the only top-level business model, similar to Via Montenapoleone in Milan, and other high-grade commercial district)



Graphic: 4. Guangzhou (strength of the luxury still strong fourth City, La Perle Square, the existence of friendship between the malls, there is no one dares underestimate the city. Guangzhou people's purchasing power is breathtaking. Because of geopolitical relations, Guangzhou people To the consumption habits of Hong Kong, Guangzhou, the local luxury market is more or less will be affected to some extent)



Graphic: 5. Shenzhen (Shenzhen also many luxury brands, but less than Guangzhou, luxury furniture brand strengths are in Shenzhen, the current domestic luxury furniture brands to Beijing, Hangzhou, Shenzhen tripartite confrontation trend because the Shenzhen from Hong Kong recently, Most people in Shenzhen to Hong Kong luxury goods consumption, the ratio than the same spending habits of Hong Kong to Guangzhou to a higher number of people)



Graphic: 6. Chengdu (Chengdu and Chongqing, as the western city of the top fashion led, very big number of luxury in the two cities established within the focus of the central and western regions, Chengdu and Chongqing radiation is a whole western region, In the eyes of many luxury brands, two representatives of the central city of the western city centre and the representation of radiation capacity.)



Graphic: 7. Chongqing (as the western city of the top fashion led, very big number of luxury in the two cities established within the focus of the central and western regions, Chengdu and Chongqing radiation is a whole western region, in the eyes of many luxury brands , On behalf of these two cities with the western part of the central city centre and the representation of radiation capability)



Graphic: 8. Qingdao (Qingdao recent luxury market extremely rapidly, many of the luxury car brand name stores, and some luxury brands have settled in Qingdao, making Qingdao in Shandong played a top fashion leader of the more prominent role. Qingdao Hisense Place the recent development of luxury-level, it is worth people's attention)



Graphic: 9. Xi'an (Zhongshan University in Xi'an International on any one of the city are the best, Xian recent development of the booming luxury market is also very impressive, but the Xi'an High Shopping Centre, although there are two major international and the Chinese University of the century Flower Shopping Centre, sales in the country but not outstanding, which makes Xi'an and Chengdu to / Bai Chongqing in the areas of the high-end wrist, has yet to be progress and development)



Graphic: 10. Dalian (Dalian City a hundred years, there are also many international luxury brands such as Century City Shopping Centre, set up, although for the second-tier cities of Dalian, Qingdao has not settled some of the recent frequent top-level Mingju stores, but there is a Dalian Powerful luxury-class brands: HERMES stores)



Graphic: 11. Harbin (with Carver Harbin shop in the country is also very famous, Harbin's Ganchuan is well known, but Harbin is a fatal drawback: In addition to Carver even outside, there is no other home shopping centres with the same grade The high-end shopping malls. Unlike Harbin, Hangzhou and Shanghai, Hangzhou and Shanghai in addition to even the Carver shop, there are many grades of the same or even higher level luxury area can be visited, which makes Harbin true sense of the top luxury market, the basic limitations Even in the Carver Branch)



Graphic: 12. Nanking (Nanjing nearly two years of progress rapidly, the development of faster, Techi the completion of the square, on behalf of Nanjing, also squeeze in a luxury second-tier cities in the forefront)



Graphic: 13. Ningbo (not to overlook the Ningbo market, a growing number of luxury brands began the second largest city of Ningbo in Zhejiang favor, if the Ningbo International pruducts luxury shopping center, Ningbo is the initial starting point for the market, Ningbo, two gold, Jiang's name in the Council Chamber shops, Ningbo is the high-end luxury market witnessed the vigorous development of the. Do not forget, the Ningbo people's purchasing power is much stronger than even ranked in the forefront of some of Ningbo City)



Graphic: 14. Tianjin (due to the radiation Beijing, Tianjin luxury market has been the lack of some heavyweight luxury brand of care and Tianjin are also consumers of luxury goods consumption to Beijing. In the last 12 has been changed, and a number of Premium / luxury brand new entrants into the market of Tianjin, Tianjin Ren also began to make the purchase of luxury items at home)



Graphic: 15. Shenyang (the deepest impression to the people, Shenyang is the list of sales performance has been ranked in the forefront of the country. Shenyang, people love to buy list, seems to be the high-end market in Shenyang of a business card. But the disadvantage is that the Shenyang : Lack of a large number of world-renowned heavyweight on the first line, second-tier apparel categories, leather goods like luxury brands, in the northeast of the luxury market, or the basic Dalian and Harbin in singing Er Renzhuan)

China is now the richest woman 10

Graphic: Yin Aiping, the total assets of 430 million yuan, Zhengzhou people, MBA, Chairman of Henan Jianghai, mainly engaged in the hotel industry, construction.



Graphic: Liu Yingxia, the wealth of 500 million yuan, age: 30 years of age, place of birth: Harbin, Education: Master of the main companies: Heilongjiang Xiangying Group, the first unlisted securities market financing, the major sectors of construction, decoration, water conservancy, road construction . As Heilongjiang Province, vice president of the Federation of Commerce and Industry her, a master's educational background, is a typical "knowledge to create wealth," the woman. 30-year-old will have 500 million yuan of wealth, known as "China's young female tycoons."



Graphic: Shen Aiqin, the total assets of 600 million yuan, Hangzhou, junior middle school education, everything is Lee, chairman of the Group, mainly engaged in silk products.



Graphic: Gui-Lian Li, the total assets of 600 million yuan, Dalian, college, Yang, president of Dalian, mainly engaged in garment industry.



Graphic: He ran, the total assets of 600 million yuan, Chengdu, college, Sichuan States Teng, chairman of communications, mainly engaged in IC card telephone equipment.



Graphic: Hou Liping, the total assets of 730 million yuan, Pingyao, tertiary education, medicine, president of the center of Shanxi Province, is rich in 10 women with two operating one of the pharmaceutical industry. Chinese medicine from her children in the family come to the fore, the industrialization of Chinese medicine into a market economy, to the world, become a magic weapon to get rich.



Graphic: Yang Lan, was third, the total assets of 850 million yuan, Beijing, Columbia University, master's, and the sun Culture Foundation Chairman. Reported that she Nengqunengshen, had also frustrated the brilliant, but also Fangxiashenduan to Hunan TV and other television work.



Graphic: Lei Jufang, the total assets of 210 million yuan, Gansu Lintao, college, Ki, chairman of the Group of Tibetan Medicine is the main operating medicine. Reported that the mysterious Tibetan medicine has also Shenxiao, plaster easy-to-use, Lei Jufang of the success stories of tens of thousands of drug message is sent to earn a good reputation.




Graphic:-Can, in second place, the total assets of 1.1 billion yuan, Beijing, a master's degree, due to Group Chief Executive, the main business of real estate, information industry, bio-technology. Such reports described as a white-collar workers from just want to be hundreds of millions of Fupo, seems to be the fate of the day, Zhang Can very low profile, her company is also a low profile, but from the photos on the telling, this kind of woman Baqi And Guiqi, not a white-collar workers will be accountable.



Graphic: Chen Lihua, the first Fupo, the total assets of 5.5 billion yuan, Beijing, high school graduates, the Hong Kong International Group Chairman Fu-wah, mainly engaged in real estate. She Chang'an Street in Beijing, has a Changan Club, in the northbound Batong Line also has a famous red sandalwood museum, the National Palace Museum collection comparable to Beijing artifacts of red sandalwood. Reported that Chen Lihua in Beijing also owns other property.

Hong Kong Securities and Futures Commission approved the first track only the price of gold Exchange Traded Fund

Hong Kong SFC has authorized only the first track gold price of the Exchange Traded Fund (ETF) listed on the Stock Exchange of Hong Kong.

A gold ETF is to hold physical gold as its only assets related to the passive investment instruments, to provide investors with a need for physical gold settlement and can participate in the gold market summary investment channels.

Hong Kong SFC Miss Zhang Zhuohua, said: "Investor interest in the commodity markets increasing, we and the industry has cooperated very closely, so that the different commodity-related products in Hong Kong to become available in the market."

Zhang Zhuo, added: "Promoting the development of a broad range of products is the focus of work of the SFC. Hong Kong launched its first retail only gold ETF, and we are happy." (Chiang)

Source: China Securities News

Gold consecutive starts by suppressing the gold market "to defend the long war"

Source: New People's Daily


Last Monday, the gold price shocks high of 979 U.S. dollars after the failed "high platform diving", after the decline, falling as low as 915 U.S. dollars, the current stable in the vicinity of 929 U.S. dollars. Fed officials pay close attention to the problem of inflation, short-term U.S. economic data turn for the better, the international oil prices fall, gold prices are declining triggered an important reason.

Earlier this week, U.S. Treasury Secretary Paulson reiterated that "strong dollar" policy, the Philadelphia Federal Reserve Bank president also delivered a Puluo Se will speed up the rate hikes to curb inflation remarks. Officials of the hard-line speech boosted the dollar, suppressing the price of oil, curbing gold's gains.

Second, the United States issued a series of economic data to consolidate the status of the dollar also hurt gold prices. For example, in terms of investment, the U.S. June durable goods orders increased by 0.8 percent, since last December, the biggest increase consumption, the United States in July the University of Michigan's final consumer confidence index reached 61.2, 6 than the end of a substantial increase in value of 56.4 ; Real estate market, new home sales in June to 530,000, higher than the forecast of 500,000 new home sales.

In addition, the U.S. government started to pay attention to issues of oil speculation, such as the drafting of bills related to the U.S. Congress, inhibit investors and speculators in the New York Mercantile Exchange energy futures market, and with Britain and other regulatory agencies in the fight against international energy futures market The wave of speculation. This very short period of time, oil prices from a high of 147 U.S. dollars fallen sharply. Oil prices fall, triggered the related investment in the commodity markets at low tide, the price of gold down the reasonable.

From graphics, the gold from New York was started Tuesday by the continuous pressure, just a few trading days will be below the 955 U.S. dollars, 943 U.S. dollars, 933 U.S. dollars several important support level. Currently, gold once again came to the 120-day MA near, I believe that in this location will be started "to defend the multi-war", and resolutely safeguard the dignity of longs. Technically, gold has been the rise from approaching the next track, and also by the week since the end of March since the formation of the support of the double bottom neckline, short-term, a strong rebound in demand. From the week online, last week's Yinxian can be seen as the neckline of a Huichou confirmed, the next two weeks compared certainty is that gold remains strong shocks inevitable, but as long as gold is no longer Further record lows, then the gold rally will not end. Recommended investors in the 916 to 920 U.S. dollars regional firm to do more, short-term goals-against 940 U.S. dollars. (Zhang ICBC Shanghai Branch)

Asian foreign exchange market conditions Courier

Financial news and important data:

Japan's Nikkei stock average than the previous day's closing index closed down 1.46 percent.
16:30 Hong Kong time in the United Kingdom announced in June consumer credit, the market forecast is 1.1 billion pounds.
22:00 Hong Kong time in the United States announced in July consumer confidence index, the market forecast is 50.0.
Technical indicators and trend forecast:

Currency volatility forecast tonight in support of resistance
Major currencies:
The dollar was 106.80-108.20 106.58,107.00 108.08,108.50
Euro-dollar 1.5700-1.5820 1.5658,1.5700 1.5798,1.5850
British pound against the dollar 1.9880-2.0000 1.9861,1.9900 2.0000,2.0038
USDCHF 1.0280-1.0390 1.0259,1.0292 1.0390,1.0409
The Australian dollar 0.9520-0.9630 0.9503,0.9515 0.9614,0.9637
New yuan-dollar 0.7370-0.7480 0.7350,0.7367 0.7483,0.7500
USDCAD 1.0150-1.0280 1.0140,1.0180 1.0280,1.0300
Cross Currency:
The euro against the yen 168.80-170.00 168.55,168.80 169.97,170.35
The euro against the pound sterling 0.7850-0.7950 0.7820,0.7850 0.7933,0.7960
Euro against the Swiss franc 1.6230-1.6320 1.6210,1.6225 1.6312,1.6343
Australian dollar against the yen 102.40-103.60 102.10,102.40 103.45,103.70

Asian foreign exchange markets:

The Australian dollar, the initial performance of Kraft today on steady, the current 10 days, 20 days and 50-day moving average prices are 0.9655,0.9642 and 0.9577,9 hovering in the 32-day RSI level.

U.S. dollar against the yen, today's preliminary performance rebounded slightly, the current 10 days, 20 days and 50-day moving average prices are 107.01,106.75 and 106.37,9 in 57 days RSI level.

Euro against the U.S. dollar, today's preliminary to the good performance of cowhide, the current 10 days, 20 days and 50-day moving average prices are 1.5780,1.5788 and 1.5678,9 rose to 47-day RSI level.

British pound against the dollar, the initial volatility upward today, the latest in a level close to the current 10 days, 20 days and 50-day moving average prices are 1.9955,1.9904 and 1.9788,9 to 53 days RSI level.

Comprehensive Assessment: U.S. regulatory authorities last Friday took over the two small U.S. banks and U.S. financial institutions yesterday, "Merrill Lynch" expects third-quarter pre-tax asset write-down of about 5.7 billion U.S. dollars, with U.S. Treasury Secretary Paulson and the four U.S. bank yesterday said it would arrange for an official game market investment products to support housing finance, but the market is lukewarm initial response, prompted investors to worry that the U.S. financial enterprises continue to expand the amount of losses will further damage the U.S. economy and lead the Federal Reserve later this year Difficult to raising interest rates, the dollar thus encountered pressure, the United States the previous day's weighted index fell overall performance. In the absence of major news this stimulus, the weighted index in the United States and the Asia-Pacific cities with narrow range of performance. Investors are waiting for later today the S & P / Case Shiller report on housing prices, the U.S. economy and the Chamber of Commerce announced in July consumer confidence index to determine whether the U.S. economic situation., Another focus of the market is the United States later this week Released by the second quarter preliminary gross domestic product, July non-farm jobs, as well as crude oil prices and the U.S. Congress passed the Government will include infrastructure spending, a new programme to stimulate the economy.

The euro short-term downward trend has not changed

[Yesterday recalled]

The dollar's overall trend is up after the first down. ADP released by the United States as unexpectedly strong employment report for the dollar bulls continued to strike back created an opportunity, once again pushed the dollar rose to 73.54. ADP employment report showed that U.S. July employment increased 9,000 accidents, far better than the expected reduction of 50,000.

And yesterday's sharp rebound in crude oil prices, but to stop the dollar's rising pace. The highest technical rebound in oil prices rebounded to above 127 U.S. dollars, such a rebound can continue to maintain, but also need to wait and see, generally eight or nine months a year in oil prices tend to drop certain.

Earlier, three favorable factors - the U.S. stock market rebound, fall in oil prices and economic data and jointly promote the improvement of the dollar. U.S. Chamber of Commerce Tuesday released the data showed that U.S. July consumer confidence index rose to 51.9, higher than the market expected, but also in December last year, the first since the rise. Global economic slowdown and high crude oil prices significantly damage the global demand for crude oil, oil prices plummeted. U.S. stocks in the financial sector began to change in attitude, investors generally believe that the assets of Merrill Lynch recently Chongjian may mean that the banking industry will spend the loan-to-crisis difficulties and promote U.S. financial stocks rose. These three factors, if there are two changes, the dollar's rally may be ending.

Net of the ADP employment report, does not necessarily indicate a strong payrolls data. ADP data last month, far less than expected, while non-farm payrolls and not unexpected. So the trend of the dollar also need heavyweight economic data guidelines.

[Today data]
17:00 Eurozone unemployment rate in June
17:00 to reconcile the euro zone in July consumer price index before the value of 4.0 percent / year; market forecast 4.1 percent / year
20:30 Canada in May of 0.4 percent before the GDP / month; market forecast of 0.3% / month
20:30 U.S. second quarter GDP of 1.0 percent before / year; market forecast of 2.2%
21:45 U.S. July Chicago Purchasing Managers index value of 49.6 before; market forecast 49.0.

British house prices to a maximum of seven years of decline

The London-based real estate research institutions HOMETRACK27 issued reports that in July the British average price of housing a year-on-year decline in most of the past seven years, and the momentum of decline may continue for several months.

The report showed that, in July in England and Wales average price of single-housing units than the same period last year fell 4.4 percent to 168,500 pounds (about 336,000 U.S. dollars), or higher than June's 1.2 percent, the statistics began in HOMETRACK2001 Since the biggest monthly decline.

HOMETRACK Research Officer Richard Tangnai pointed out that given the current housing market uncertainties facing the short term is unlikely to disappear, the transaction is expected to remain restrained, the downward pressure on prices will continue until this fall.

The loan-to-the United States after the outbreak of the crisis, the British credit markets also be affected, banks generally raised mortgage rates and tight credit, leading to the housing market were hit. Bank of England recently said that the British housing market fell momentum "is being accelerated."

August speculation Hong Kong stocks should seize the four major Keywords

Today, July is the last trading day. If the market has not significantly dropped, then the "five poor must 6 7 emancipated" As the saying goes in the Hong Kong stock market will be confirmed. To July 30 closing, the Hang Seng index closed at 22690.60 points, the 22102.01 points by the end of June rose 588.59 points, or 2.594 percent cumulative; state-owned enterprises outperform market index, yesterday to close at 12469.26 points, the 11909.75 points by the end of June rose 559.51 points, accumulated Or 4.487 percent.

July Review: July-finance real estate "emancipated"

In early July, the Hong Kong equities, "emancipated" the trend is not satisfactory. The Hang Seng Index in the July 8 dropped to 21098.84 points although there are technical rebound, but only rose to the level of 22,000 points will be U-turn downward.

Turnover plunged

To July 16, the Hang Seng Index dropped to the lowest intraday 20988.74 points, the market confidence in the verge of collapse, and the market is at this time of a turnaround - U.S. policy was to save the market. Since July 16, a wave of Hong Kong stocks rebounded strongly. To July 24, the Hang Seng Index in seven trading days up to skyrocketing 2370.31 points, the biggest gain 11.29 percent. Up to a faster decline. To intraday high and low-bit computing, in the July 24 to July 29 the four trading days, the Hang Seng Index fell to 1279.96 points, short-term sharp fluctuations "frighten away" many investors, the market turnover reduced to 40 to 50 billion Hong Kong dollar.

On the plate, in July turned the market is the largest financial groups to benefit property stocks. To July 30 close-bit computing, the Hong Kong Monetary index than the end of June rose significantly 1691.86 points, or 4.8 percent, to close at 35196.76 points, while Hong Kong's property sub-index closed at 27245.01 points, an increase of 5.6 percent, on the Running lose half of the financial market the real estate section in July finally revive the glory. Stocks in the first half year, "Huitoutulian" HSBC Holdings (00005, HK) in late July Elevated sharply, although recently entered the adjustment, but still a cumulative increase of 6.3%; leading Hong Kong property shares of Sun Hung Kai Properties (00016, HK) and the Yangtze River Industrial (00001, HK) in July were up 10.3 percent and four percent.

The shares of state-owned enterprises, the Olympic eve of the "honeymoon period" is a great performance opportunities. In July, the market reported similar macroeconomic regulation and control may "Songshou" the news, finance, real estate section, "Xishangmeishao." To the Industrial and Commercial Bank (01398, HK) as an example, the stock closed at 5.89 Hong Kong dollar yesterday, a June 30 closing price of 5.33 Hong Kong dollar soared 10.5 percent, China Merchants Bank (03968, HK), CITIC Bank (00998, HK) accumulated Or respectively 15.3 percent and 12.13 percent. Property stocks, real estate Shimao (00813, HK), R & F Properties (02777, HK), North Star (00588, HK) each in July rose 9.05 percent, 11 percent and 10.48 percent.

Quotes untold optimism on the Olympic Games

For the coming August market, analysts point of view there are large differences.

KGI (Asia) director of the Kuang-bin to the "Daily News" said that this year, the market has been through several Tandi. The first was in January, the index to 21709.63 points after the rebound, the second was in March, the index scale new year low of 20,573 points is the third time in the July 16, the index dropped to 20,989 points after the session Rebound, such a rebound is expected in August will be continuity. However, he also respect the public-bin, entering the Hong Kong stock market this year bear market since the rebound each time the waves are less than a wave, the high point in August should not be higher than in May of 26,378 points, the Hang Seng Index is expected the high point Will appear in 23,500 points to 24,000 points between.

Mr Kwong of KGI and the public-bin compared to First Shanghai Securities analyst Ye Shangzhi in the "Daily Economic News" interview, it is relatively cautious, "in August to do worse psychologically prepared for the market will be even more sluggish" . Hong Kong stocks have entered a bear market now No. 3, also fell stage is expendable, even if the index rose during the bear market will rebound in the technology, investors can not Kurume.

As for whether the duration of the current round of a bear market, were optimistic that the market early next year will be stabilized; pessimists who think that adjustments will continue until 2010. But experience tells us that the bear market most of the time not exceeding 18 months, the duration of six months to 13 months up to the middle. This basis, the bear market will be in the middle of next year is expected to end.

August Raiders: Operation Olympic, mainly to the four major Keywords

For the Olympic Games on the operation, "Daily News" in an interview with a number of analysts, summed up the four words to help you grasp on the Olympic Games Quotes.

Keywords 1: high parabolic Olympic concept stocks

On entering the Olympic Games, the Olympic concept stocks is an unavoidable topic of conversation. KGI (Asia) director of the Kuang-bin said that the concept of the Olympic Games has entered an end, speculation Olympic concept stocks investors should Fenggao shipments. Mr Kwong Man-bin respect, this year, the stock speculation of the Olympic Games is the best period in July, Li Ning (02331, HK), led by Olympic concept stocks in July Zhuanzu eyeball, or accumulated considerable. Li-Ning Sports Goods and Anta (02020, HK) 7月biggest increase close to seven percent. Ye Shangzhi First Shanghai Securities analyst pointed out that the concept of the Olympic Games shares the valuation is relatively high, equivalent to approximately 20 times the expected price-earnings ratio, price-earnings ratio of the Hang Seng Index only 14 times.

Keywords 2: Center Daily News surprise or limited

Entered August, the heavyweights will have released interim results. In the month before the Olympics, the sporadic release of the Center Daily News to become a very small number of the continuation of the speculation of hot, every listed company released better-than-expected interim results, often better than their short-term trend of the market. Of course, the performance of early warning units, without exception, become short against the target.

For August the Center Daily News Quotes, Ye Shangzhi that the economic downturn in Europe and the United States, soaring oil prices led to the high cost of the background of this year, the Center Daily News Quotes difficult to surprise. It is precisely because the first half of poor business environment, investors will have a strong wait-and-see mood, thereby inhibiting or index.

Keywords 3: Federal Reserve that interest rates

The Fed will be on August 5 that interest rates again at the meeting.

Ye Shangzhi pointed out that the current global market share continues to lead Aestheticism, the Fed's interest rate proposed resolution is still affecting the global capital markets nervous. However, economic growth and inflation into a dilemma concerns the Federal Reserve is expected to be the pattern in August to keep rates unchanged. Another analyst pointed out that the U.S. is currently facing is the main core inflation, once the grain and oil prices fell, the inflation pressure will be greatly reduced, it reduces the likelihood the Federal Reserve raising interest rates. Although the market that the Fed's interest rate results have been expected, but that in the absence of other market interest rates before and after the subjects that interest rates will cause a topic of speculation.

Keywords 4: Bo bargain hunting buying rebound

Although the market optimistic about the unspeakable, but they still have the opportunity to bargain hunting buying Bo rebound.

Jinyu Universal Co-director Lin Weixiong proposal, the current short-term investors should按兵不动, the bear market is the most valuable cash. Because the market is expected to have 5% or more of the decline, investors can wait for one or the ultimate, when the Hang Seng index fell to 20,000 points level again when opportunistic shots.

Lin Weixiong also summed up the market for short-term investors of the six major sign of bottoming out: First, from a technical point of view, the present trend of the stock market lower after the first high-form, Dow index smaller decreases, even a rebound in the second, will have all the major desalination All positions open, leading to the market panic selling; three, with continued shrinkage; 40, the futures from days of low water (futures lower than the spot) to high water (above the spot futures); five, technical indicators issued bottomed out Signal, such as fluctuations in the rate reduction, relative strength index fell below 30; six from the Hong Kong dollar and Hong Kong dollar interbank interest rates observed capital flows, to see whether there is a substantial capital inflow into Hong Kong.

Source: Daily Economic News

Hong Kong newspaper News Summary (08.07.31)

Following is the Hong Kong media on July 31 News Summary:

1. According to the Hong Kong Economic Journal reported that HSBC (00,005) to the Lone Star acquired Korea Exchange Bank (KEB) trading deadline expires today, but South Korean authorities have not yet finalized, according to South Korean newspapers quoted government sources said, Lone Star South Korea may be charged if the Government delayed assessment of the transactions.

2. According to the Hong Kong Economic Journal reported, the HKEx (00,388) that only the first gold exchange traded funds (ETF)-SPDR gold ETF (02840) will be held today in the wholly-owned subsidiary of HKEx on the Stock Exchange of Hong Kong listed on the Main Board.

3. According to the Hong Kong Economic Journal reported, according to foreign reports, Sinopec (00,386) the first half was 30.9 billion yuan subsidy to compensate for the first half of its refining losses, including these subsidies have been the first quarter was 7.4 billion yuan of subsidies.

4. According to the Hong Kong Economic Journal reported that Standard Chartered Group (02,888) is considering the creation of the rural areas of Shanghai Chongming County Bank, Standard Chartered Bank and the Shanghai local government earlier in the development of the plan, for the purpose of the local agriculture and the development of SMEs Provide funding.

5. According to the Hong Kong Sing Tao Daily reported that China Gas (00,003) plans to offer 10-year bonds is expected to issue the bond issue of at least 500 million U.S. dollars, interest rates than the 10-year U.S. bonds 1.8 percent, or about 5.7 percent .

6. According to Hong Kong's Apple Daily reported that Beijing Holdings (00,392) Vice-President and Chief Executive Officer, said Zhang Honghai, the proportion of its total profits 60-65% of Beijing Gas, in addition to plans to open up the market in Beijing's suburbs, determined to become a national gas supplier .

7. According to the Hong Kong Sing Tao Daily reported that a show of Health (00,754) to 772 million yuan in the six months to Huizhou, a real estate trading center purchased the land use rights for industrial, office and residential uses. That the company , The transactions will help business development and brand building.

8. According to the Hong Kong Oriental Daily News reported that the first police only issued a surplus of blue chips in aluminum (02,600), its parent company in the aluminum companies were registered in the first half of 7 billion yuan of profits, but of the Group's 2007 annual revenue of more than 90 percent of alumina And primary aluminum, the first half of output increased by only 0.46 percent and 1.57 percent.

9. According to the Hong Kong Oriental Daily News reported that China Eastern Airlines (00670) on the introduction of foreign capital flight rate perseverance, the management of media access groups that the Olympic Games in Beijing after the re-introduction of Singapore Airlines to discuss the programme, which aims to improve the financial position of Eastern Airlines.

10. According to Hong Kong's Oriental Daily News reported that the coal in energy (01,898) recently announced interim net profit earn nearly 60 percent, Morgan Stanley has released a report that mainland China coal industry policy risks still exist, the stock price will be reduced to 21.5 Hong Kong dollar.

11. According to the Hong Kong Economic Times reported, there were reports that China Mobile (00941) is planning to China Telecom (00,728) hinterland of the southern provinces, the CDMA network to attract customers to switch to other networks, telecommunications analyst at DBS Liu Tai-sheng pointed out that «field that this is The opportunity to stabilize the lead.

12. According to the Hong Kong Economic Journal reported that China's telecommunications services (00,552), was a shareholder after the close of waiting for opportunities in order to close配股price of 5.7 Hong Kong dollar, placing the old Group of 6250 million shares, generating 356 million Hong Kong dollar.

13. According to the Hong Kong Sing Tao Daily reported, the Zhuzhou Southern vehicles (03,898) and South entered into a four-car sales contracts, cost about 356 million yuan. In addition to the company with South Zhuzhou, entered into a motorcycle sales contracts, the price for 600 million yuan.

14. According to the Hong Kong Economic Journal reported that the Chinese wireless (02,369) issued a profit warning, expected in 2008 interim results will be recorded in the loss, estimated as at June 30 this year during the interim results will be recorded in the loss. Said, according to the known Data analysis, performance setback is due to the decrease in sales.

15. Xianggangmingbao According to reports, German International (00928) on the 30th for the suspension, due to be announced as at the end of March this year during the annual results. Tak before the suspension to close at 0.4 Hong Kong dollar, or no effect. In fact, Germany, and 2002 stocks listed on the Hong Kong dollar 0.385, close the gap.

16. Xianggangmingbao According to reports, buy back the benefit of the business income Tianbao started recording, the mainland of China food suppliers for good in mind the food (01,175) As at the end of March only, full-year earnings growth of 18 percent to 580 million yuan.

17. According to the Hong Kong Economic Daily News reported that the Japan Securities released a report, published today forecast the performance of Orient Overseas (00,316), first half net profit will fall and expect the second half of the gross profit margin will be added the issue of oil prices down.

18. According to the Hong Kong Economic Daily News reported that Dai Lisi (00,333) yesterday announced the acquisition cost of 303 million Hong Kong dollar benefits German underwear and related companies. Target company's net asset value to 228 million Hong Kong dollar. Prerequisite for the acquisition of specified benefits Germany need to disarm before the acquisition of all bank liabilities.

19. According to the Hong Kong Sing Tao Daily reported that the sun Paper (02,002) chairman and managing director of Wang Dongxing said that the first half of the cost has increased over the same period last year, but the waste paper prices have been high and Mujiang down, with the expected costs The decline in the first half of its average fare increase 8-9 percent, digestible completely out of rising costs.

Source: Reuters

The first half of the people of Hong Kong home buyers down 29%

Hong Kong home buyers in the international research report pointed out that the first half of this year the people of Hong Kong to purchase the property about the number of flats from 9100 to 9700 sets, than the same period last year declined substantially by 29 percent. The company pointed out that the recent desire of people to go northward home buyers has increased, it is estimated that Hong Kong people to buy the whole year the number of properties in Mainland only 19,800 to 20,800 units, compared with the amount of 15.7 billion yuan, up by about 13 percent the previous year.

Home buyers International President Cai Michael Choi Ngai-min said the launch of the macro-control measures in many cities affected by the real estate market, the Shenzhen as an example, the only turnover the first half of 1.5 million square meters, over a year earlier, down 50 percent.

He believed that the Shanghai property market in the first quarter of solid performance, but second-quarter turnover also begin to decline. But he is expected to price increases this year of about 6-7 percent. He is not optimistic about the Beijing property market, he expected Beijing Olympic Games after the property market turnover will decline, but the trend remains to be seen.

This gold ETF landing procedures for the sale of the HKEx securities with the same general

Hong Kong SFC authorized only the first track gold price of the Exchange Traded Fund - gold ETF, today officially landing the HKEx.

It is understood that this gold ETF called the "SPDR gold ETF", is the world's largest institutional fund management company State Street Global's series of ETF products - SPDRETFs in one. The products are mainly for investment in gold, physical gold investment vehicle belonging to, to provide investors with a need for physical gold settlement and can participate in the gold market via a simple investment.

The gold ETF trading procedures and the general stock of the same. Fund companies to large consignment of gold producers relying on physical gold in the Exchange Fund share public offering, investors in the share of funds to purchase, and the time period in freedom redeemed. More suitable for less experienced and do not want to spend too much time on the retail investment management.

Wang House of God into shares Lee Shau Kee Choi big Jiedi technology (stocks of God positions)

Source: view real estate network

Elderly people were the Asia-Pacific region millions, or even tens of millions of fans known as "Asia's share of God", some people call him "Hong Kong Buffett."

Hong Kong in October, apart from some autumn leaves, is still very dry and very hot weather or occasionally, compared to fanaticism Luoben in the capital market, the frenzied chase, Putiaorulei, overjoyed people what the weather really did not feel API never care about. HSI in June or 22000,9, has been on 12 to 25000,10 again billowed into the 29,000, you panic, ecstasy mad love, October 26, HSI really breaking the 30,000 mark, after the big Or also rose, 10 years of a unique Hong Kong style raids were a space, a new capital market was born.



Click the picture flip

Lee Shau Kee

Investors or speculators, or bystanders, or pay homage in a 79-year-old Hong Kong elderly people, many white-haired, very good spirit, the Hong Kong stock market's "big brother to take the lead" characters, often loudly Fang Yan: Yes 30,000 points , 33000 before Christmas, everywhere at every turn teach their own investment Gonglue, praising shares of state-owned enterprises, he said the United States than their share of God Buffett better: they teach investment experience, money, and I are free Openly that we all benefit.

Definitely not the speaker, preacher, who will attend classes can make all the retail, Diaomin all tertiary worship, this old man's family business has five listed companies, the assets of 100 billion Hong Kong dollars, once ranked as the world's rich list No. 7, the fork is more cattle in 2004, his 76 years of age, suddenly "epiphany", with 50 billion in cash, the establishment of private investment funds, stock speculation began personally put out to sea, the ways and means of a unique, means and strategies Superman First, very quickly, in 2006 he earned a 50 billion a year almost 50 percent rate of return.

Close to the end of 2007, this 79-year-old man quietly to the media, said that 50 billion could be reached 200 billion, better than its listed companies is also excellent. Indeed, he signs on strength and words, a "big brother to take the lead", the spiritual leader really is not bragging, write blog, everywhere can be done by the speech.

U.S. employment data Lagao private enterprises dollar

ADP employment service organizations Wednesday announced private enterprises sector employment data show that private enterprises jobs increased in July 9000. Once the number of private enterprises jobs in June decreased by 77,000. In addition, the euro zone economic sentiment fell data indicates that the euro zone's economic situation is deteriorating. Wednesday the euro fell 0.3 percent to 1.5540 U.S. dollars, spent the night at a time Taizhi 1.5616 U.S. dollars. Dollar exchange rate by 1 to 0.1 percent than the 107.71 to 1 ratio 108.20. U.S. dollar index increased 0.3 percent to its highest since June 24, 73.493 DXY.

On the 30th U.S. regional bank stocks gained most of

On the 30th of investors in the U.S. Federal Reserve yesterday announced that the emergency loan program to obtain the confidence of the financial industry, to dispel investors for the lack of liquidity in the banking concern. The central bank allowed commercial banks obtain loans up to 84 days. The plan seeks to enable investment banks more willing to provide funds for mutual self-help. Recent regional banks since the mortgage was in default of a serious loss of influence, they need more cash to overcome difficulties.

National City National City Bank rose 12 cents to 5.10 U.S. dollars, or 2.4%; Zions rose 1.10 to 29 U.S. dollars, or 3.9%; PNC Financial Services Group rose 43 cents to 71.71 U.S. dollars. BB & T rose 1.04 to 28.89 U.S. dollars, or 3.7 percent.

This relative, Fifth Third fell 14 cents to 14.04 U.S. dollars, KeyCorp fell 42 cents to 11.03 U.S. dollars, a decrease of 3.7 percent.

Giant Pandas in Hong Kong issued stamps to support millions of chips built Panda Base

July 1, Hongkong Post held in the Ocean Park "Giant Pandas" special stamps issuing ceremony to mark the Lele, Yingying installation the first anniversary of Hong Kong Ocean Park Chairman Allan Zeman, the Hong Kong members of the Executive Council, Mr Rafael Hui, Hong Kong Postmaster General Tam Wing-pong (from right ), Attended. ZXS the Wuzhonglinshe



"Giant Pandas" Special Stamps picture

According to the Hong Kong SAR Government website news, Hongkong Post issued on July 1, "Giant Panda" special stamps, the morning ceremony held in Hong Kong Ocean Park. Members of the Executive Council, Mr Rafael Hui, Hong Kong Ocean Park Chairman Allan Zeman, Ph.D., and Hong Kong Postmaster General Tam Wing-pong with the giant back on the first day, the official symbol of the special stamps issued.

Mr Tam also announced the sale of limited edition giant panda stamp collection to commemorate Zhang Yin products even raised a total of 1.375 million yuan. Mr Rafael Hui, on behalf of the Hong Kong Post, the money cheque donation Dr Allan Zeman and Hong Kong Ocean Park Conservation Foundation Chairman Chen Qing, to support the reconstruction of the Sichuan giant panda base facilities.

Later, Mr Hui and his wife specifically to the Giant Panda Habitat, and Ying-Ying and Lele reunited for a while. They and the two giant pandas in 2007 in Wolong National Nature Reserve in the first meeting.

Source: China News Net

July 28, the visitors watched in 2480 before the championship.

On that day, "the glory of ancient Athens - 2480 years ago, the title" at the China Millennium Monument in Beijing. Exhibition featured three Taranto in Italy in 2480 before the discovery in ancient Athens organized by the Pan-Athens Games champion and a champion copies, they all belong to the same athletes. The athletes had won the long jump, discus, boxing and chariot Mara four Pan-Athens Games champion. Xinhua News Agency reporters Li Xiao and Guo She

"Olympic collections" option much more valuable collections stress sets

Section 5 of the true qualities of the Olympic Games gold bars can Pincheng "2008" and a Chinese dragon

Olympic Favorites into the "sprint stage" of the gold and silver have not been favored by more stir-fried

"Now from the Beijing Olympic Games have up to 10 days, entered the final of the Olympic collectors' sprint stage ', I collections in the morning, can now be at hand; But for the people of hindsight, now that they catch the last collection Opportunities for the time. "

Collection of more complete sets of values

Dong who lives in the Yuexiu district from the old man began in 2005 near the home of the department store to buy gold bars to commemorate the Olympic Games qualities, the first group to buy when the price of 148 yuan / g, has the full set of five groups. As five Olympic gold bullion can Pincheng "2008" and a Chinese dragon, worth several times, a set of five groups of the secondary market price reached 350 yuan / g, over the past three years invested in the funds on the sets of gold coins profit as high as 150 percent . However, Dong old man learned that if he did not have the time to collect complete five groups, scattered sale price of 300 yuan / g from top to bottom. "Favourites have to stress sets," Dong old man from personal experience summed up in such a collection Tips.

Gold and silver of the recent transactions more active

A collection of the Olympic Games in Guangzhou city more complete listing of the two-spot surveys and found that in all of the Olympic gold and silver varieties in more active trading, gold bars than the Olympics nature of public concern. Many people buy on the grounds that their prices and raw material prices closer to, as long as the gold and silver materials market to understand, even easier to calculate its value and future appreciation potential.

The head of the department store market Lei Jingli, because of authority issued by the 1000 24K Olympic gold bullion building, type relatively simple, low-identification difficult, the people feel at ease, especially investment-oriented consumers more receptive.

That there is a market, gold, silver, gold and silver coin investment biggest difference lies in the fact that the coin is the currency in circulation, the casting process complex that includes the theme of the value and the value of the materials are often greater than the actual value of the gold and silver and have the materials In the value of the total value of its heavier weighting. Compared to the past year was strong speculation the precious metals market commemorative coins, gold and silver, has not been too much sought after.

"Olympic many products, even in the end we have issued a number of Gao Buqing," one merchant for the Olympic complex variety headaches it, their only proper selection of the Gold Coin Corporation and the China Banknote Printing and Mint Company species, the rest have only Shuke need only to goods from other merchants or appropriate market for goods.

Gold Association of Guangdong Province Zhu Zhigang, chief investment strategist at that collectors must first select the People's Bank of China Gold Coin Corporation, China Banknote Printing and Mint Company issued the variety; Secondly, as far as possible choice of the circulation of small collections; three gold products In the total value of the share prices of some of the higher percentage of the product worth the investment is a complete set of four species of general investment value is greater than the value of the investment products scattered.

According to market sources, the integrity of the currency markets set the general principle of one, under normal circumstances than the full value of the total amount of fragmented sets. The concept of the Olympic collections in the tide also played a guiding role. (Well-Nan Lin Lin)

Olympic sports tycoons close to the Chinese inventory list

Wealth is not the number of their growth and decline, the people behind it and efforts to pay, opportunities and luck, and even the host team, etc., have become the decisive factor

Now the show in front of everyone, is "New Century Weekly," the third launch of the "Chinese sports rich list."

Uphold the established practice of the past two years, this list of considerations is the 2007 China (mainland) sports stars (including some coaches) of personal wealth status. Figures are for them in 2007, 2001, the pre-tax income estimates, including salary, bonus competition, advertising costs speak, business competition appearance, and so on.

Despite the Chinese people are no longer denied wealth, but the income of these sports, not always accurately calculated. For instance, commercial sponsorship or advertising fees speak, and sometimes is a commercial secret. At the same time, some people's income but also with the competent departments, brokerage firms into. Some people obviously are no longer to earn the money deposited in banks, but their investment income is also difficult to obtain a secret.

In view of this, the list provided to all the figures are not 100 percent accurate. However, our research team can assure you that this is a conservative estimation. In fact, the higher their income.

The 2003 consolidated list, we can truly understand the ups and downs of wealth is always the change in the growth and decline. For example, billiards boy Ding Junhui, 2005, to about 150 million income from the No. 44, 2006 will surge to 11 million yuan the first three, now, his position has dropped to 5 million yuan No. 17.

Wealth is not the number of their growth and decline, the people behind it and efforts to pay, opportunities and luck, and even the host team, etc., have become the decisive factor. This ordinary people, the same applies.

1 million yuan of annual income, "the Chinese sports rich list" the starting point. Of course, these are the millionaires created, and some have cost several million dollars, and these inputs into the country. Of course, that is the taxpayer's money. This shows that the sports system itself problematic. We do not ask them to make the money back to taxpayers, if they can convey the true spirit of sports for everyone, but also work Mo Dayan.

Olympic Games is about to open the new big screen. The quadrennial sports event humanity, but also a rare opportunity for Chinese athletes. We believe that next year the "Chinese sports rich list" because of the Olympics will change: official for the Olympic champion has the incentive to 1 million as a starting point. At the same time, Chinese athletes who have unique advantages of a number of small public projects, will have the opportunity to embark on the Olympic Games. Moreover, the Olympics for sports has brought more and greater opportunities.

We hope that the Olympic Games not only bring changes in the list, we also hope that the Olympic Games, Chinese sports as well as China, have brought changes.

Yao Ming (basketball) 250000000

Ad speak: Reebok, Coca-Cola, McDonald's, VISA card, China Unicom, apples, Rui Shihao Accor, or to the floor, the China Construction Bank

2005 revenue: 150 million ranking: 1

2006 revenue: 220 million ranking: 1

Liu Xiang (athletics) 6000-70000000

Main income: salary + bonus + commercial advertising

Ad speak: Nike, Coca-Cola, China Post's EMS, China Mobile, Erie, Lenovo Group, Cadillac, Amway, Ensenda floor

2005 revenue: 3100 to 33 million rank: 2

2006 revenues: 50 million ranking: 2

Guo Jingjing (diving) 15000000

Main income: salary + bonus + commercial advertising

Ad speak: Red earth, McDonald's, Erie, Fulin door, Danone biscuits

2005 revenue: 950-10000000 Rank: 4

2006 revenue: 6800000 ranking: 7

Yi Jianlian (basketball) 15000000

Main income: salary + bonus + commercial advertising

Ad speak: McDonald's, Erie

2005 revenue: 2000000 ranking: 35

2006 revenue: 4500000 ranking: 11

Lin Dan (badminton) 12000000

Main income: salary + bonus + commercial advertising

Ad speak: Pepsi, Erie 361 °

Jia Sidel, Sedrin, Federal Express

2005: Not ranked

2006 revenue: 1700000 ranking: 38

Sun Jihai (Football) 10000000

Main income: salary + bonus + commercial advertising

Ad speak: Brilliance Junjie, online games, Coca-Cola, NIKE

2005 revenue: 12700000 ranking: 3

2006 revenues: 10 million Rank: 4

Zheng Jie and Yan Zi (tennis) 10000000

Main income: salary + bonus + commercial advertising

Ad speak: NIKE TCL

2005 revenue: 1.5 million (Yan Zi) Rank: 42

2006 revenue: 5000000 ranking: 10

Zhang Yining (table tennis) 8100000

Main income: salary + bonus + commercial advertising

Ad speak: Gold Lake, Danone biscuits, far eagle electric cars

2005 revenue: 4600000 ranking: 11

2006 revenue: 3600000 ranking: 16

Wang Zhizhi (basketball) 8100000

Main income: salary + bonus + commercial advertising

Ad speak: Water

2005: Not ranked

2006 revenues: 10 million ranking: 5

Liang Chong (Golf) 6500000

Main income: salary + bonus + commercial advertising

Ad speak: Ballantine, the Asian Tour money list

2005 revenue: 200 to 2.5 million Rank: 30

2006 revenue: 2200000 ranking: 26

Wang Nan (table tennis) 6500000

Main income: salary + bonus + commercial advertising

Ad speak: Gold Lake, Ping An Insurance (market share it), Aner music, Olympic Home Textiles

2005 revenue: 2600000 ranking: 28

2006 revenue: 1600000 ranking: 39

Xie Xingfang (badminton) 6300000

Main income: salary + bonus + commercial advertising

Ad speak: Pepsi, Erie, L'Oreal, 361 °

2005: Not ranked

2006 revenue: 1200000 ranking: 42

Bateer (basketball) 6000000

Main income: salary + bonus + commercial advertising

Ad speak: Anta, the three young ball, three ditch liquor

2005 revenue: 150 ~ 1800000 ranking: 39

2006 revenue: 150 ~ 1800000 ranking: 37

Shao Jiayi (Football) 6000000

Main income: salary + bonus + commercial advertising

Ad speak: Patriot gweat, NIKE

2005 revenue: 5400000 ranking: 8

2006 revenue: 6000000 ranking: 8

Wang Hao (table tennis) 5740000

Main income: salary + bonus + commercial advertising

Ad speak: Anta

2005: Not ranked

2006: Not ranked

Li Jinyu (Football) 5100000

Main income: salary + bonus + commercial advertising

Ad speak: Shandong Tianye real estate

2005 revenue: 3000000 ranking: 20

2006 revenue: 3500000 ranking: 17

Ding Junhui (billiards) 5000000

Main income: salary + bonus + commercial advertising

Ad speak: Star card, Mengniu

2005 revenue: 120 ~ 1500000 ranking: 44

2006 revenues: 11 million ranking: 3

Dong Fangzhuo (Football) 4800000

Main income: salary + bonus + commercial advertising

Ad speak: NIKE

2005: Not ranked

2006 revenue: 4500000 ranking: 11

Zheng Zhi (Football) 4500000

Main income: salary + bonus + commercial advertising

Ad speak: Adidas

2005 revenue: 4300000 ranking: 14

2006 revenue: 4500000 ranking: 12

Sun Xiang (Football) 3500000

Main income: salary + bonus + commercial advertising

Ad speak: NIKE

2005 revenue: 2700000 ranking: 27

2006 revenue: 3200000 ranking: 19

Cheng Congfu (car) 3100000

Main income: salary + bonus + commercial advertising

Ad speak: Patriot

2005: Not ranked

2006 revenue: 3000000 ranking: 21

Li Na (Tennis) 3100000

Main income: salary + bonus + commercial advertising

Ad speak: NIKE, 100 Barrie Cook

2005 revenue: 2000000 ranking: 37

2006 revenue: 2200000 ranking: 25

Zhao Junzhe (Football) 3000000

Main income: salary + bonus + commercial advertising

Ad speak: Li Ning

2005 revenue: 1500000 ranking: 18

2006 revenue: 3000000 ranking: 20

Happy about 3 million

Main income: salary + bonus

2005: Not ranked

2006: Not ranked

Wang Liqin (table tennis) 2800000

Main income: salary + bonus + commercial advertising

Ad speak: Double Happiness

2005 revenue: 130 ~ 1500000 ranking: 43

2006 revenue: 4000000 ranking: 14

Li Nan (basketball) 2800000

Main income: salary + bonus + commercial advertising speak: LEI-speed

2005: Not ranked

2006 revenue: 1300000 ranking: 41

Xu Yunlong (Football) 2600000

Main income: salary + bonus + commercial advertising

Ad speak: NIKE

2005 revenue: 2800000 ranking: 25

2006 revenue: 2000000 ranking: 22

Ma Lin (table tennis) 2500000

Main income: salary + bonus + commercial advertising

Ad speak: Coca-Cola, Yili, China Unicom, YASAKA

2005 revenue: 2900000 ranking: 22

2006 revenue: 2000000 ranking: 36

Xie Hui (Football) 2000000

Main income: salary + bonus + other

2005 revenue: 3700000 ranking: 16

2006 revenue: 1100000 ranking: 47

Ma Xiaoxu (Football) 2000000

Main income: salary + bonus + commercial advertising

Ad speak: Suzuki, Adidas

2005: Not ranked

2006 revenue: 1100000 ranking: 49

Dewey (soccer) 2000000

Main income: salary + bonus + commercial advertising

Ad speak: Nike

2005 revenue: Not ranked

2006 revenue: 2000000 ranking: 35

Liu Guoliang (table tennis) 2000000

Main income: salary + bonus + commercial advertising

Ad speak: Jianlibao, Samsung, 000 Jielong

2005: Not ranked

2006 revenue: 1100000 ranking: 50

Chen Zhong and (volleyball) 2000000

Main income: salary + bonus + commercial advertising

Ad speak: Huiquan beer,贵人bird costumes, southeast car

2005 revenue: 2000000 ranking: 36

2006 revenue: 2000000 ranking: 32

Jiang Xingquan (basketball) 2000000

Main income: salary + bonus

2005: Not ranked

2006 revenue: 1200000 ranking: 43

Hao Junmin (Football) 2000000

Main income: salary + bonus + commercial advertising

Ad speak: NIKE

2005: Not ranked

2006 revenue: 2000000 ranking: 34

Peng Shuai (Tennis) 1500000

Main income: salary + bonus + commercial advertising

Ad speak: Nike, Virgin wins, Sony Ericsson, etc.

2005 revenue: 250 to 3 million Rank: 23

2006 revenue: 2000000 ranking: 31

Zhou Haibin (Football) 1500000

Main income: salary + bonus

2005: Not ranked

2006 revenue: 2000000 ranking: 33

Wang Fei (basketball) 1500000

Main income: salary + bonus

2005: Not ranked

2006 revenue: 1100000 ranking: 46

Shen Xue and Zhao Hongbo (skating)

About 1.5 million

Main income: salary + bonus + commercial advertising

Ad speak: GE, VISA, Lenovo

2005 revenue: 100 to 1.5 million Rank: 45

2006 revenue: 2100000 ranking: 28

Li Yizhong (Football) 150 million

Main income: salary + bonus + commercial advertising

Salary + bonuses: 1000000

Ad speak: GE, VISA, Lenovo

2005 revenue: 3000000 ranking: 21

2006 revenue: 1500000 ranking: 40

Liu Wei (basketball) 130 million

Main income: salary + bonus + commercial advertising

Ad speak: Reebok

2005 revenue: 100-1200000 ranking: 47

2006 revenue: 100 to 1.2 million Rank: 45

Wang Dong (Football) 120 million

Main income: salary + bonus

2005: Not ranked

2006: Not ranked

Du Zhenyu (Football) 100 million

Main income: salary + bonus

2005: Not ranked

2006: Not ranked

Zhou Suhong (volleyball) 1000000

Main income: salary + bonus + commercial advertising

Ad speak: South East Motor, Jinlong Yu

2005 revenue: 100-1200000 ranking: 46

2006 revenue: 100-1200000 ranking: 44

Teng Haibin (gymnastics) 1000000

Main income: salary + bonus + commercial advertising

Ad speak: Coca-Cola, Li Ning, Samsung

2005: Not ranked

2006 revenue: 1100000 ranking: 48

Source: New Century Weekly

Bulk commodities this week was "Storm" international gold price nearly 60 U.S. dollars

International gold

Up to a week or nearly 60 U.S. dollars

Friday Chaodie rebounded to 930 U.S. dollars / oz location

Week, the international gold and the U.S. dollar significantly stronger heavy oil prices fell sharply under the influence of weakness, from nearly 980 U.S. dollars / oz position dropped to 920 U.S. dollars / oz. Friday Chaodie rebounded to 930 U.S. dollars / oz location. The domestic gold from the high-profile diving turn stabilize, Friday Spot gold rose to 204 yuan / grams of the above position, the Suoliang futures rose to 205 yuan / grams of the above position, investors cautious attitude. Guangzhou week price changes in gold coins weak.

On the strong dollar against gold

Federal Reserve Chairman week in a speech that had led the international gold of the main reasons for weakness. Its strong dollar makes dollar out of the recent argument has been significantly strengthened the Huiqi, brought great pressure on gold. Over the same period by the high international crude oil prices dropped heavy, as low as 120 U.S. dollars juncture, Lianlei speculative buying of gold to sell their gold. Experts believe that Fed Chairman's speech of far-reaching significance, and may in the long-term bearish on gold, the second half of the gold bull market may be delayed arrival.

However, short-term, gold Pijitailai time Friday, the U.S. dollar index on the 24th night in the U.S. labour market and the impact of weak housing market data, the dollar profit taking, closing 72.85, the lowest reached 72.60, while crude oil rebounded sharply on the 24th, the United States Economic data weighed on the evening of dollars profitable oil and oil closed end at 125 U.S. dollars / barrel at the top, the highest reached 126.51 U.S. dollars / barrel, gold will bring to promote.

Important for good information, data, oil refineries postponed due to high prices of purchased crude oil, U.S. crude oil supply in the past 10 weeks have dropped eight weeks, again aroused the trading of crude oil interest. The top military commander said Israel, the Israeli army sent Iran may be necessary to stop Iran's nuclear research facilities, this is also good news oil prices, from low to support gold.

Technical support surface rebound

, K Line, the former gold yesterday fell after the two-day show support rally, gold up the strength of the current larger; MACD indicators 0 axis side, a banner consolidation, Hong Zhu slightly expanded, kinetic energy on the long - Forces on the rise; four hours, mainly by the pressure on the 20th MA, the energy market in the long rebound, MACD, significantly expanding the market bullish momentum, RSI consolidation in the vicinity of 40, gained the support, from hour to map , The location of the five-day MA Duokong trial of strength between the two sides, long power on the rise, from MACD, the oscillation in the high, short of kinetic energy increases, RSI is near 60, longs force has expanded. (Well-nan)

International oil prices

Technical rebound back on 125 U.S. dollars

Compared with the highest level has fallen 15%

By a technical rebound, and other factors, on the 24th New York Mercantile Exchange, September delivery crude oil futures prices rose to close at 125 U.S. dollars per barrel at the top.

On the New York Mercantile Exchange, the September delivery of light sweet crude per barrel from the previous trading day up 1.05 U.S. dollars to close at 125.49 U.S. dollars. Earlier in the day, the futures contract hit a low of 123.50 U.S. dollars. London's International Petroleum Exchange, September Brent crude-oil futures rose 1.15 U.S. dollars a barrel to close at 126.44 U.S. dollars.

In addition, the New York Mercantile Exchange, September delivery price per gallon gasoline futures rose 2.5 cents to settle at 3.0594 U.S. dollars. September delivery of heating oil futures price per gallon rose 1.7 cents to settle at 3.5671 U.S. dollars. August delivery of natural gas futures prices per 1,000 cubic feet (1 cubic metre approximately 35 cubic feet) fell 46.5 cents to 9.283 U.S. dollars.

Market participants said that rising oil prices is the day the last few days oil prices fell sharply after a technical rebound. On the 11th of this month and set a high of more than 147 U.S. dollars compared with New York crude oil prices have now fallen by 15 percent.

In addition, market participants pointed out that U.S. gas prices also fell, reflecting the weak U.S. economy has had an impact on oil demand, making oil prices fell.

Basic metals

Luntong below 8,000 U.S. dollars mark

Analysts said the bottom to look at 5,500 U.S. dollars

Recently, the futures market investors have been sighted in the high-profile diving international oil prices plummeted and follow the agricultural futures attracted by the basic metals market performance is equally stunning in crude oil and agricultural prices fell sharply at the same time, the most important basic metals -- -- Copper also high since the initial drop down more than 9 percent. Yesterday the London Metal March copper on the market is below the 8,000 U.S. dollars mark. Analysts believe that the future prices may continue in 2006, 2007, "early rise, down the end of" the movement of a wave of the second half of the medium-term adjustment, the adjusted low of daring to look at 5,500 U.S. dollars.

Extreme weakness in consumer production increased significantly

Metal prices on the most sensitive macroeconomic trends, in fact only recently copper and aluminum also remain high, while the rest of the metal has long been the first to enter the "bear market" pattern. Since last week, the deterioration of the U.S. economy to the international oil prices and futures prices of agricultural products have high platform diving, this copper and aluminum are not exception. Copper extensive pre-market speculation of the South American copper mine workers strike has been caused by supply worries evaporated, replaced by the extreme weakness of consumer concerns. March copper in London Thursday from the previous day's closing price of 8,080 U.S. dollars Bao Diezhi 7,900 U.S. dollars, the first time below 8,000 U.S. dollars mark. The domestic copper futures Thursday and Friday for crash two days, the cumulative decline in more than 1,000 yuan / ton.

China, as the world's largest copper consumer demand this year has been reduced very significantly. According to Chinese customs statistics, China's imports of copper and copper forging consecutive month decline, while domestic important copper industry - air-conditioning industry sales severe abnormal situation, the Chinese air-conditioning sales in May fell 32 percent year-on-year , Setting the past six years, the largest monthly decline.

At the same time the weak domestic consumption of copper production has increased. According to the International Bureau of Statistics data, the first six months of this year, China's copper production totalled 3.7441 million tons, an increase of 18.1 percent.

Aluminum adjustment may be limited

Analysts believe that in the current economic situation of uncertainty and weakness in consumer extreme circumstances, the prices have continued to decline, particularly in Luntong Thursday fell below 8,000 U.S. dollars / ton after more investors to open a decrease in space. Great Wall Albert CHAN business department deputy general manager of Shanghai Futures Jingchuang said: "From a technical graphics perspective, in 2006, in 2007 two years have emerged early sharp rise in the high oscillation, the end of the trend of sharp decline. From the past six months Trend, this year may continue to maintain this trend. If so, future prices will start mid-level adjustment, it is estimated that the adjustment will not be lower than the low of 2006 adjusted low - 5,500 U.S. dollars. "

As for the trend of other metals, analysts are also bearish. Futures senior analyst with Jiangnan pay the Riverside, said: "Apart from copper and aluminum, other non-ferrous metals has entered a bear market in advance. Metals lead although the recent wave of a modest rebound, but the graphics technology has already emerged on a huge 'head-and-shoulder top ', The current rally did not break through the' neckline ', is still not optimistic about the future trend. And a better future might be aluminum, aluminum smelter due to energy consumption, in power under the constraints may be forced to production and therefore the future The adjustment may be limited, at 18,000 yuan / ton near support. "

Agricultural products

Corn futures decline too much at present no clear direction

Chicago soybean futures continue to fall

On the 24th Chicago Board of Trade soybean futures continued to fall, the November contract fell 11 cents to close at 13.73 U.S. dollars per bushel.

Analysts said the day was mainly a technical sell-off led to soybean futures lower. Corn futures decline as much, in the absence of clear direction of the circumstances, corn and soybean commodity arbitrage between the inter-down of the soybean prices. Although there is not much change in fundamentals, but the market remains fragile.

The U.S. Department of Agriculture announced on the 24th week of the latest agricultural export sales report showed that U.S. soybean export sales fairly robust. As of July 17 the week, the United States this year's soybean "old crop" export sales of 183,000 tons, more than 2.9 times the previous week; 2008/2009 annual "new crop" export sales of 552,400 tons. (According to Xinhua News Agency)

Forecast for next week

Dollar exchange rate is still the core fundamentals next week, the Fed speeches this week will be next week's U.S. economic data to prove, such as to the good economic data, the general trend of dollar strength to establish the center line, the gold bull market will slow down the center line. However, if faced weak economic data, while gold future will continue to improve, continue to short-term shocks, the central line of bull market quietly approaching. Is still facing two-way choice.

Operation of the proposed

Guangdong gold company Hai-Tao Yang believes that the current trend of consolidation has begun, the dispersal of the band has long proposed to continue the wait-and-see, do not easily Chaodi. Sound investors wait-and-see proposal. Radical investors in the 940 to 920 U.S. dollars / oz range from the operation, but it is necessary to strictly stop-loss. Investors may be short-term rebound after Fenggao short, stop-loss at 954 U.S. dollars in / near an ounce.