The production and sales volume of China’s motorcycle industry in the first quarter both breached 6 million sets.
Till the end of March, the whole industry has produced 6,328,000 sets of motorcycles in total, 844,100 sets more than the same period of the last year, 15.39 percent up year on year. The industry sold 6,401,300 sets [...]
I was hoping for more of a sell off in Sohu.com (SOHU) after Friday’s “news” that after an Olympic style bump this year in their advertising business, things would return to more normal in 2009. [Jun 20: Sohu.com Sees Ad Revenue Slowing in 2009] Notable Calls blog points out that analysts have rushed to its [...]
Sinopec Corp, Asia’s biggest oil refiner, announced Wednesday completion of work on a 1.9 million tonne-per-year (tpy) hydrotreating unit for diesel and kerosene at its Wuhan refinery.
The unit forms the first phase of an 8 million tonne-per-year expansion of its Wuhan refinery, involving a capital outlay of RMB 4 billion. With this, the crude processing [...]
Chinese industrial companies’ profits grew at half the pace of a year earlier as oil and coal costs surged, increasing the likelihood that economic growth will continue to slow.
Combined net income rose 20.9 percent to 1.09 trillion yuan ($160 billion) through May from a year earlier, the statistics bureau said today. That was less than [...]
China Petroleum & Chemical Corp., Asia’s biggest oil refiner, plans to buy well maintenance assets from its parent for 1.56 billion yuan ($227 million) to reduce the cost of pumping crude and gas.
Sinopec, as China Petroleum is known, will acquire the”downhole”service operations of six China Petrochemical Corp. units, the Beijing-based refiner said in a statement [...]
Taiwan Semiconductor Manufacturing Co., the world’s largest custom-chip maker, was downgraded to “neutral” from “buy” at Goldman Sachs Group Inc. which cited slowing growth and stronger competition.
“We expect TSMC’s shares to perform in line with or below the Taiwan market” in the second half of 2008, analysts Donald Lu, Kelvin Wu and Dennis Ma wrote [...]
