Weekly Report for July 2nd-6th

In the week June 25th - 29th, the index of Shanghai Stock and
Shenzhen Stock decreased 6.8% and 8.8% respectively, negatively
impacted by the policy of reducing export rebate. Only five
chemical firms got a weekly increase of stock price, 68 firms
decreased by a double digit.
   The comprehensive index of Shanghai Stock and Shenzhen Stock
continued to slip down in the week July 2nd-6th, with a weekly
decrease of 1.0% and 1.2%. The share price of Anhui Wanwei, which
is a chemical fiber manufacturer, experienced the largest weekly
decrease, 26.4%. Sinopec Yizheng Chemical Fibre ranked the third
with a down of 19%.  Plastics processing firms such as Foshan
Plastics, Wuhan Plastics, Bingshan Rubber and Plastics and
Guangdong Rongtai enjoyed a double digit increase, supported by
the new policy of reducing export rebate that remains the export
rebate rates unchanged for plastics processing business. The
resignation of Chen Tonghai has not impacted the price of Sinopec
Corp. Sinopec Corp. are preparing to carry out stock reform in
Sinopec Shanghai Petrochemical and Sinopec Yizheng Chemical
Fibre so that all stocks in the two firms change to be tradable.
   
By Peter Zong


Ticker or Code    Company name    Category
    Closing     1-Week     YTD     Trailing    Weekly volume
    Marketcap     
    Price       change    change    P.E.          change        
    RMB         %        %                     %             
    mn RMB    
000036    China Union Holdings     FM
    6.80     0.0     44.7     40.0     -23.5     7642     
000059    Liaoning Huajin Tongda    CF
    10.16     -0.4     176.8     78.2     -50.5     6738     
000155    Sichuan Chemical    CF
    7.58     -4.1     71.5     25.8     -36.8     3563     
000420    Jilin Chemical Fibre    FM
    6.67     5.4     165.7     111.2     -21.3     2523     
000422    Hubei Yihua Chemical    CF
    13.53     -2.4     184.8     34.1     -43.2     7338     
000498    Dandong Chemical Fibre    FM
    3.45     -4.4     72.5     -3.7     67.3     1346     
000510    Sichuan Jinlu    BI
    6.75     0.6     162.6     58.8     -42.3     4112     
000515    Chongqing Titanium     BI
    11.05     -5.6     72.1     100.5     -2.2     2069     
000523    Lonkey Industrial     SC
    6.87     3.2     79.4     109.0     -31.0     1186     
000525    Nanjing Redsun    SC
    8.46     -23.6     19.8     72.6     132.8     2371     
000553    Hubei Sanonda    SC
    18.80     -5.8     310.5     243.2     1.9     5583     
000554    Sinopec Taishan Petroleum    PC
    8.50     8.3     39.3     53.1     -34.4     4087     
000565    Sanxia Paints     SC
    14.02     6.3     234.6     378.9     6.0     2431     
000584    Sofcra Special-Typed Fiber    FM
    14.76     9.9     380.8     686.5     -8.4     4477     
000589    Gui Zhou Tyre    PR
    7.41     -1.1     57.0     31.4     -32.6     1885     
000599    Qingdao Doublestar
    PR    5.61     -4.3     121.7     64.5     -51.3     2553     
635 Ningxia Yinglite
636     BI    14.84     2.3     176.4     51.5     -22.2     2040     
637 Maoming Petrochemical Shihua
638     PC    13.49     2.8     24.6     34.8     19.3     6098     
000659    Zhuhai Zhongfu