Cninvestor-Chinese Securities Weely Report-18th Week 2010
The study covers a collection of the reports for the listed companies in Greater China in 18th week (Apr 25 - Apr 30), a total for 144. This report will allow the investors to get the information on the Chinese securities market and the listed companies, their revenues, profit and corporate results forecasts, and discover the new investment hot spot. The report allows the researchers interested in China, China's economic policies, changes, get professional advice from local research institutions.
Baidu (BIDU US):To Dominate Search Engine Market Further, Maintain Buy
Datang International Power (0991 HK):1Q10 results down 56%, below expectation
China Shenhua Energy (01088 HK):1Q10 results up 16.5%, in line with expectation
Industrial and Commercial Bank of China (01398 HK):1Q10 profits up 18.2% yoy, maintain “Accumulate”
"China Coal Energy (01898 HK):Earning improvement on back of the coal price rise, upgrade
rating to Neutral"
"Mengniu Dairy (02319 HK):Sales Volume Recovery Weaker than Expected and Below
Industry Average, Earning/TP/Rating Downgrade"
China Pacific Insurance (02601 HK):‘Buy’
"Lansen Pharmaceutical (0503.HK)
— Suggest an IPO Subscription Price of HKD 3.42~3.80"
"China Life Insurance (601628)
Performance in line with expectation"
"Longyuan Construction Group (600491)
Its construction business maintains a healthy growth trend"
"Shenzhen Development Bank (000001)
Net profit grew sharply YOY, but development has been impeded by capital
factors"
"Beiqi Foton Motor (600166)
The increase in the profitability of the first quarter leads to the
substantial rise of performance. It is expected that the performance will
maintain stable in the future quarters"
"Datang International Power (0991 HK)
——1Q results dragged down by fuel cost and drought,
downgrade to Underperform"
"China Shenhua Energy (1088 HK)
——Stable as always"
"ZTE Corporation (H Shares) (763 HK)
——The impact of India incident will be minimal on ZTE but
may hurt the feelings of investors in the short run"
"Yizheng Chemical Fiber (1033.HK)
— 1Q result lower than our expectation,2010 TP cut to HKD
2.19"
"CCB (939 HK)
— Decent net profit growth driven by assets expansion,
NIM enhancement and steady assets quality"
"Shineway (2877.HK)
— 1Q result beat our expectation, maintain buy rating with
6-month TP of HKD 28.80"
"COSCO Pacific (01199 HK):Increase Stake in Yantian Terminals；Maximum 449 million new
shares will be issued"
"FAW Car (000800)
Improvement on profitability resulted in the growing business
performance"
"SAIC Motor (600104)
We reiterate “OUTPERFORM”. The Company’s 1Q10 performance
slightly beat expectations"
"Shanghai Jahwa United (600315)
Revenue of cosmetics grew steadily; gross profit margin improved
2.2ppt"
"Industrial Bank (601166)
Flexible adjustments in monetary and bond businesses, substantial growth
in non-interest income"
"FAW Car (000800)
Improvement on profitability resulted in the growing business
performance."
"Gree Electric Appliances (000651)
Earnings came in below the expectation in the short term; pay attention
to earnings change before the replacement of energy efficiency
standard."
"China Shipping Container Lines (02866 HK):1Q10 Net Loss Narrowed Significantly, Fundamental Outlook is
Improving"
China Construction Bank (00939 HK):1Q10 profits up 33.9%, to raise RMB75bn in AH-share market
"Metallurgical Corporation of China (601618)
Non-metallurgical caught up; initial benefits of diversified business
seen"
"Sinopec (0386.HK)
—1Q earnings slightly lower than expectation, 2Q refining margin will be
secured after a price adjustment of refined products"
"SAIC Motor (600104)
We reiterate “OUTPERFORM”. The Company’s 1Q10 performance
slightly beat expectations."
"Yunnan Baiyao Group(000538)
Comment on 1Q10 report"
"Shanghai RAAS Blood Products (002252)
Earnings came in below the expectation"
"Gree Electric Appliances (000651)
Earnings came in below the expectation in the short term; pay attention
to earnings change before the replacement of energy efficiency
standard"
"Wuhan Department Store Group (000501)
Consolidating the statements of Shiyan People’s Department Store
Group and decline in period expense rate boosted performance hike"
"GD Midea Holding (000527)
Comment on 1Q10 report"
"Homey Aquatic Development (600467)
Expected YoY result growth with sea cucumber price recovery in 2010"
"Hefei Meiling (000521):Surprisingly good marketing, essential changes in fundamental and in a phase of increasing
performance."
"ICBC (601398)
Net interest margin rebounded; assets quality remains stable"
"HK Market Insight Review & Preview Weekly
——For the week ended April 30, 2010"
Key Companies Earnings Forecast and Investment Rating
"Silver Plaza Group (600858)
In-Depth Analysis: high growth and low P/S ratio means potential for
significant gain in market capitalization"
"China Pacific Insurance (601601)
Total ROE of 1.42% higher than expectation"
"Shanghai Pudong Development Bank (600000)
Stable growth in asset base; expenses and credit costs reverted to a normal
level"
"China Minsheng Bank (600016)
Its net profit growth has beaten expectation"
"China Yangtze Power (600900)
Performance is as expected, with significantly lower total market
capitalization."
"Bank of Communications (601328)
The lending balance increased rapidly. Cost/revenue ratio kept a leading
level."
Chongqing Iron (01053.HK):FY09 results in-line
COSCO Pacific (1199.HK):1Q10 net profit up 207.0%, in lin...
ZTE (00763.HK): 1Q10 Net Profit Increased by 39.7% yoy
Beijing North Star (0588.HK)：1Q 2010 net profit decrease...
Angang (0347.HK):Attractive Valuation, Maintain ‘Accumul...
PetroChina (0857.HK): In-line 1Q10 Results, Maintain TP a...
Jiangsu Expressway (0177.HK):Bottom line grew by 39.5% Yo...
Shenzhen Expressway (0548.HK):Bottom line grew by 39.3% Y...
Anhui Expressway (0995.HK):Bottom line grew by 3.9% YoY i...
Solargiga Energy (0757.HK) - 1Q FY10 results
Huadian (1071.HK): 1Q10 results down 64%, below expectati...
Shanghai Electric (2727.HK):1Q10 net profit increased 15....
China Telecom (0728.HK):1Q10 Earning Bottomed Out on QoQ ...
China Mengniu Dairy Company Ltd. (2319.HK)-good prospects...
Huadian International Power (1071 HK)--On the brink of lo...
CITIC (0998.HK)-Lower 1Q2010 net profit growth owing to h...
CNOOC (0883.HK)-1Q production volume increase was ahead o...
TCL Communication Tech Holdings Ltd (2618.HK)--Downgrade ...
Lianhua Supermarket (0980.HK):1Q10 results meet estimates...
China Life (2628.HK): Released 1Q10 results
Qingdao Haier (600690)-The result in line with expectatio...
King Long Motor Group (600686)-Comment on 1Q10 report
Shanghai Xinhua Media (600825)-Annual Report & Entry of E...
King Long Motor Group (600686)-Comment on 1Q10 report
Yutong Bus (600066)-Exports and domestic demand recovery ...
DHC Software (002065)- Continuous growth ability improved...
CMB (3968.HK):1Q10 profits up 40.4% yoy, maintain “Neutr...
Sinopec (600028)-The result is slightly below expectation...
China Merchant Bank(6000036)-Significant rebound in the N...
Harbin Power Equipment (01133.HK): Valuation Appears Attr...
BOC (3988.HK):1Q10 profits up 41.3% yoy to RMB26.2bn
HK English Daily 28 Apr 2010
BOC (3988.HK)-Non-interest income contributed most to rob...
ZTE Corporation (0763.HK)--Another solid quarter with ris...
China Agri-Industries Holdings Ltd. (0606.HK)-Still a cyc...
PetroChina (0857.HK)--1Q results in line
Yunnan Baiyao Group (000538)-Review on FY09 performance
Tasly Pharmaceutical (600535)-1Q net profit reached the e...
Hefei Rongshida Sanyo Electric (600983)-Thanks to acceler...
Pientzehuang Pharmaceutical (600436)-Domestic sales volum...
Weifu High-Technology (000581)-Earnings performance fully...
Bohui Paper Industrial (600966)-White paperboard lines wi...
Beijing Double Crane Pharmaceutical (600062)-Earnings gre...
China International Marine Containers (000039)-Comment on...
China Railway Tielong Container Logistics (600125)-First ...
Hailu Heavy Industry (002255)-Industrial energy saving re...
Silver Plaza Group (600858)-In-Depth Analysis: high growt...
Bank of China (601988)-Non-interest income showed a robus...
China Railway Tielong Container Logistics (600125)-First ...
Shan Dong Dong-E E-Jiao (000423)-Net profit for 1Q soared...
Bohui Paper Industrial (600966)-White paperboard lines wi...
Bank of China (601988)-Non-interest income showed a robus...
Bank of Beijing (601169)-2009 annual report: the company ...
Kangmei Pharmaceutical (600518)-Comment on 1Q10 report
Silver Plaza Group (600858)-In-Depth Analysis: high growt...
Hainan Haiyao (000566)-Comment on 1Q10 report
PetroChina (601857)-Recovery in oil price boosts performa...
Bank of Nanjing (601009)-The profit grew substantially du...
Renhe Pharmacy (000650)-A fall-off in advertising expense...
Yutong Bus (600066)-Exports and domestic demand recovery ...
Shandong Sun Paper Industry (002078)-Performance beat exp...
Shanghai Electric (2727.HK): Growth Potential is Limited,...
TRT Tech (8069.HK) : 1Q10 Results in Line
Burwill Holdings (0024.HK):FY09 results in-line
CSR-H (1766.HK):Raise 6-18M TP to HK$6.90
HK English Daily 27 Apr 2010
CER Sector Report - Blockbusters define on-line game indu...
Xiamen International Airport (600897)-In the context of d...
Luolai Home Textile (002293)-Performance kept in line wit...
Huafu Top Dyed Melange Yarn (002042)-Product mix optimiza...
Kweichow Moutai (600519)-We downgrade our earning forecas...
Jiangling Motors (000550)-Comment on 1Q10 report
Chongqing Department Store (600729)-Growth in the first q...
Jidong Cement Company (000401)-Capacity was released grad...
Sinopharm (600511)-Results in line with expectation; focu...
Liuzhou Chemical Industry (600423)-Gradual normalization ...
Zhejiang Longsheng Group (600352)-1Q report is in line wi...
Hengyuan Coal Industry and Electricity Power (600971)-Won...
Weichai Power (000338)-The company fully benefited from r...
ongcheng Holdings (000419)-Increased revenue and reduced ...
Beijing Tongrentang (600085)-Focus on parent group’s ass...
Baotou Steel Rare-Earth Hi-Tech (600111)-China's leading ...
Yanzhou Coal Mining (600188)-Its profit rose significantl...
Zhejiang Medicine(600216)-Comment on 1Q10 report
Qianjin Pharmaceutical (600479)-Sales of Qianjin Pian tab...
Jiulong Electric Power (600292)-1Q performance in line wi...
China Railway Group (601390)-Comment on 1Q10 report
China Railway Construction Corporation (601186)-Comment o...
Jizhong Energy Resources (000937)-Quarterly report: effec...
Gree Electric Appliances (000651)-Strong sales in the off...
Kailuan Energy Chemical (600997)-Expected capital injecti...
Air China (601111)-The super carrier has started its jour...
Xishan Coal and Electricity Power (000983)-1Q10 performan...
Guangzhou Development Industry (600098)-Rapid earnings gr...
Shaanxi Provincial Natural Gas (002267)-New depreciation ...
Shanghai Xinpeng Industrial (002328)-there will be signif...
Chenming Paper (000488)-Sales volume and gross margin ste...
Shandong Denghai Seeds (002041)-Sustained strong sales of...
Datang International Power (0991 HK):1Q10 results down 56%, below expectation
China Shenhua Energy (01088 HK):1Q10 results up 16.5%, in line with expectation
Industrial and Commercial Bank of China (01398 HK):1Q10 profits up 18.2% yoy, maintain “Accumulate”
"China Coal Energy (01898 HK):Earning improvement on back of the coal price rise, upgrade
rating to Neutral"
"Mengniu Dairy (02319 HK):Sales Volume Recovery Weaker than Expected and Below
Industry Average, Earning/TP/Rating Downgrade"
China Pacific Insurance (02601 HK):‘Buy’
"Lansen Pharmaceutical (0503.HK)
— Suggest an IPO Subscription Price of HKD 3.42~3.80"
"China Life Insurance (601628)
Performance in line with expectation"
"Longyuan Construction Group (600491)
Its construction business maintains a healthy growth trend"
"Shenzhen Development Bank (000001)
Net profit grew sharply YOY, but development has been impeded by capital
factors"
"Beiqi Foton Motor (600166)
The increase in the profitability of the first quarter leads to the
substantial rise of performance. It is expected that the performance will
maintain stable in the future quarters"
"Datang International Power (0991 HK)
——1Q results dragged down by fuel cost and drought,
downgrade to Underperform"
"China Shenhua Energy (1088 HK)
——Stable as always"
"ZTE Corporation (H Shares) (763 HK)
——The impact of India incident will be minimal on ZTE but
may hurt the feelings of investors in the short run"
"Yizheng Chemical Fiber (1033.HK)
— 1Q result lower than our expectation,2010 TP cut to HKD
2.19"
"CCB (939 HK)
— Decent net profit growth driven by assets expansion,
NIM enhancement and steady assets quality"
"Shineway (2877.HK)
— 1Q result beat our expectation, maintain buy rating with
6-month TP of HKD 28.80"
"COSCO Pacific (01199 HK):Increase Stake in Yantian Terminals；Maximum 449 million new
shares will be issued"
"FAW Car (000800)
Improvement on profitability resulted in the growing business
performance"
"SAIC Motor (600104)
We reiterate “OUTPERFORM”. The Company’s 1Q10 performance
slightly beat expectations"
"Shanghai Jahwa United (600315)
Revenue of cosmetics grew steadily; gross profit margin improved
2.2ppt"
"Industrial Bank (601166)
Flexible adjustments in monetary and bond businesses, substantial growth
in non-interest income"
"FAW Car (000800)
Improvement on profitability resulted in the growing business
performance."
"Gree Electric Appliances (000651)
Earnings came in below the expectation in the short term; pay attention
to earnings change before the replacement of energy efficiency
standard."
"China Shipping Container Lines (02866 HK):1Q10 Net Loss Narrowed Significantly, Fundamental Outlook is
Improving"
China Construction Bank (00939 HK):1Q10 profits up 33.9%, to raise RMB75bn in AH-share market
"Metallurgical Corporation of China (601618)
Non-metallurgical caught up; initial benefits of diversified business
seen"
"Sinopec (0386.HK)
—1Q earnings slightly lower than expectation, 2Q refining margin will be
secured after a price adjustment of refined products"
"SAIC Motor (600104)
We reiterate “OUTPERFORM”. The Company’s 1Q10 performance
slightly beat expectations."
"Yunnan Baiyao Group(000538)
Comment on 1Q10 report"
"Shanghai RAAS Blood Products (002252)
Earnings came in below the expectation"
"Gree Electric Appliances (000651)
Earnings came in below the expectation in the short term; pay attention
to earnings change before the replacement of energy efficiency
standard"
"Wuhan Department Store Group (000501)
Consolidating the statements of Shiyan People’s Department Store
Group and decline in period expense rate boosted performance hike"
"GD Midea Holding (000527)
Comment on 1Q10 report"
"Homey Aquatic Development (600467)
Expected YoY result growth with sea cucumber price recovery in 2010"
"Hefei Meiling (000521):Surprisingly good marketing, essential changes in fundamental and in a phase of increasing
performance."
"ICBC (601398)
Net interest margin rebounded; assets quality remains stable"
"HK Market Insight Review & Preview Weekly
——For the week ended April 30, 2010"
Key Companies Earnings Forecast and Investment Rating
"Silver Plaza Group (600858)
In-Depth Analysis: high growth and low P/S ratio means potential for
significant gain in market capitalization"
"China Pacific Insurance (601601)
Total ROE of 1.42% higher than expectation"
"Shanghai Pudong Development Bank (600000)
Stable growth in asset base; expenses and credit costs reverted to a normal
level"
"China Minsheng Bank (600016)
Its net profit growth has beaten expectation"
"China Yangtze Power (600900)
Performance is as expected, with significantly lower total market
capitalization."
"Bank of Communications (601328)
The lending balance increased rapidly. Cost/revenue ratio kept a leading
level."
Chongqing Iron (01053.HK):FY09 results in-line
COSCO Pacific (1199.HK):1Q10 net profit up 207.0%, in lin...
ZTE (00763.HK): 1Q10 Net Profit Increased by 39.7% yoy
Beijing North Star (0588.HK)：1Q 2010 net profit decrease...
Angang (0347.HK):Attractive Valuation, Maintain ‘Accumul...
PetroChina (0857.HK): In-line 1Q10 Results, Maintain TP a...
Jiangsu Expressway (0177.HK):Bottom line grew by 39.5% Yo...
Shenzhen Expressway (0548.HK):Bottom line grew by 39.3% Y...
Anhui Expressway (0995.HK):Bottom line grew by 3.9% YoY i...
Solargiga Energy (0757.HK) - 1Q FY10 results
Huadian (1071.HK): 1Q10 results down 64%, below expectati...
Shanghai Electric (2727.HK):1Q10 net profit increased 15....
China Telecom (0728.HK):1Q10 Earning Bottomed Out on QoQ ...
China Mengniu Dairy Company Ltd. (2319.HK)-good prospects...
Huadian International Power (1071 HK)--On the brink of lo...
CITIC (0998.HK)-Lower 1Q2010 net profit growth owing to h...
CNOOC (0883.HK)-1Q production volume increase was ahead o...
TCL Communication Tech Holdings Ltd (2618.HK)--Downgrade ...
Lianhua Supermarket (0980.HK):1Q10 results meet estimates...
China Life (2628.HK): Released 1Q10 results
Qingdao Haier (600690)-The result in line with expectatio...
King Long Motor Group (600686)-Comment on 1Q10 report
Shanghai Xinhua Media (600825)-Annual Report & Entry of E...
King Long Motor Group (600686)-Comment on 1Q10 report
Yutong Bus (600066)-Exports and domestic demand recovery ...
DHC Software (002065)- Continuous growth ability improved...
CMB (3968.HK):1Q10 profits up 40.4% yoy, maintain “Neutr...
Sinopec (600028)-The result is slightly below expectation...
China Merchant Bank(6000036)-Significant rebound in the N...
Harbin Power Equipment (01133.HK): Valuation Appears Attr...
BOC (3988.HK):1Q10 profits up 41.3% yoy to RMB26.2bn
HK English Daily 28 Apr 2010
BOC (3988.HK)-Non-interest income contributed most to rob...
ZTE Corporation (0763.HK)--Another solid quarter with ris...
China Agri-Industries Holdings Ltd. (0606.HK)-Still a cyc...
PetroChina (0857.HK)--1Q results in line
Yunnan Baiyao Group (000538)-Review on FY09 performance
Tasly Pharmaceutical (600535)-1Q net profit reached the e...
Hefei Rongshida Sanyo Electric (600983)-Thanks to acceler...
Pientzehuang Pharmaceutical (600436)-Domestic sales volum...
Weifu High-Technology (000581)-Earnings performance fully...
Bohui Paper Industrial (600966)-White paperboard lines wi...
Beijing Double Crane Pharmaceutical (600062)-Earnings gre...
China International Marine Containers (000039)-Comment on...
China Railway Tielong Container Logistics (600125)-First ...
Hailu Heavy Industry (002255)-Industrial energy saving re...
Silver Plaza Group (600858)-In-Depth Analysis: high growt...
Bank of China (601988)-Non-interest income showed a robus...
China Railway Tielong Container Logistics (600125)-First ...
Shan Dong Dong-E E-Jiao (000423)-Net profit for 1Q soared...
Bohui Paper Industrial (600966)-White paperboard lines wi...
Bank of China (601988)-Non-interest income showed a robus...
Bank of Beijing (601169)-2009 annual report: the company ...
Kangmei Pharmaceutical (600518)-Comment on 1Q10 report
Silver Plaza Group (600858)-In-Depth Analysis: high growt...
Hainan Haiyao (000566)-Comment on 1Q10 report
PetroChina (601857)-Recovery in oil price boosts performa...
Bank of Nanjing (601009)-The profit grew substantially du...
Renhe Pharmacy (000650)-A fall-off in advertising expense...
Yutong Bus (600066)-Exports and domestic demand recovery ...
Shandong Sun Paper Industry (002078)-Performance beat exp...
Shanghai Electric (2727.HK): Growth Potential is Limited,...
TRT Tech (8069.HK) : 1Q10 Results in Line
Burwill Holdings (0024.HK):FY09 results in-line
CSR-H (1766.HK):Raise 6-18M TP to HK$6.90
HK English Daily 27 Apr 2010
CER Sector Report - Blockbusters define on-line game indu...
Xiamen International Airport (600897)-In the context of d...
Luolai Home Textile (002293)-Performance kept in line wit...
Huafu Top Dyed Melange Yarn (002042)-Product mix optimiza...
Kweichow Moutai (600519)-We downgrade our earning forecas...
Jiangling Motors (000550)-Comment on 1Q10 report
Chongqing Department Store (600729)-Growth in the first q...
Jidong Cement Company (000401)-Capacity was released grad...
Sinopharm (600511)-Results in line with expectation; focu...
Liuzhou Chemical Industry (600423)-Gradual normalization ...
Zhejiang Longsheng Group (600352)-1Q report is in line wi...
Hengyuan Coal Industry and Electricity Power (600971)-Won...
Weichai Power (000338)-The company fully benefited from r...
ongcheng Holdings (000419)-Increased revenue and reduced ...
Beijing Tongrentang (600085)-Focus on parent group’s ass...
Baotou Steel Rare-Earth Hi-Tech (600111)-China's leading ...
Yanzhou Coal Mining (600188)-Its profit rose significantl...
Zhejiang Medicine(600216)-Comment on 1Q10 report
Qianjin Pharmaceutical (600479)-Sales of Qianjin Pian tab...
Jiulong Electric Power (600292)-1Q performance in line wi...
China Railway Group (601390)-Comment on 1Q10 report
China Railway Construction Corporation (601186)-Comment o...
Jizhong Energy Resources (000937)-Quarterly report: effec...
Gree Electric Appliances (000651)-Strong sales in the off...
Kailuan Energy Chemical (600997)-Expected capital injecti...
Air China (601111)-The super carrier has started its jour...
Xishan Coal and Electricity Power (000983)-1Q10 performan...
Guangzhou Development Industry (600098)-Rapid earnings gr...
Shaanxi Provincial Natural Gas (002267)-New depreciation ...
Shanghai Xinpeng Industrial (002328)-there will be signif...
Chenming Paper (000488)-Sales volume and gross margin ste...
Shandong Denghai Seeds (002041)-Sustained strong sales of...
