Weekly Report for August 20th-24th

In the week August 20th-24th, the indexes of Shanghai Stock and
Shenzhen Stock rocketed 9.69% and 13.86% respectively, hitting
their historical new high. It is surprised that PBC announced
on August 22nd to increase both the deposit interest and loan
interest, the stock investors passed it over. Several newly
issued equities enter into stock market that is absorbing over
200 thousand new private investors to join in. RMB continues to
appreciate with respect to USD. To compress foams in stock market
and housing market, PBC may take more strict and efficient
measures in a short term..
   Only four companies listed here suffered a slight down for
their stock prices in the said week. Yellow Sea Rubber, Salt Lake
Potash and Guizhou Redstar rounded the top three in the list of
stock price increase. The stock price of Dandong Chemical Fibre
continued to climb, despite of its RMB60 million loss in the
first half that was reported in the week.  
   From the last weekly report being published, nineteen
chemical makers listed here, including Sinopec Corp., announced
their fiscal report for the first half, nine increase, nine
decline and one remains flat. Three companies suffered loss.
Beside Dandong Chemical Fiber, other two are Jiangsu Zhongda and
Shanghai Worldbest, both operating chemical fiber business.

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
    8.64     11.2     83.8     50.8     28.4     9710     
000059    Liaoning Huajin Tongda    CF
    12.65     5.4     244.7     97.3     55.8     8390     
000155    Sichuan Chemical    CF
    10.52     3.2     138.0     35.8     -36.7     4944     
000420    Jilin Chemical Fibre    FM
    9.40     4.2     274.5     156.7     51.7     3556     
000422    Hubei Yihua Chemical    CF
    18.78     1.1     295.4     47.3     -29.6     10186     
000498    Dandong Chemical Fibre    FM
    6.53     10.1     226.5     -6.9     -0.3     2547     
000510    Sichuan Jinlu    BI
    9.09     13.8     253.7     79.3     63.0     5537     
000523    Lonkey Industrial     SC
    9.98     4.7     160.6     158.4     -37.0     1722     
000525    Nanjing Redsun    SC
    12.65     21.5     79.2     108.5     208.4     3545     
000553    Hubei Sanonda    SC
    12.79     -1.2     179.3     330.5     -5.0     3798     
000554    Sinopec Taishan Petroleum    PC
    14.30     5.9     134.4     89.4     -17.9     6875     
000565    Sanxia Paints     SC
    17.70     8.1     322.4     478.4     34.9     3070     
000584    Sofcra Special-Typed Fiber    FM
    17.10     3.2     457.0     795.3     13.5     5187
000589    Gui Zhou Tyre    PR
    9.80     6.5     107.6     41.5     29.7     2492
000599    Qingdao Doublestar    PR
    6.88     7.2     171.9     79.1     110.2     3131
000635    Ningxia Yinglite    BI
    18.65     1.5     247.3     64.8     51.7     2564
000637    Maoming Petrochemical Shihua    PC
    15.24     5.8     40.7     57.1     60.7     6890
000659    Zhuhai Zhongfu     PR
    13.12 &