Weekly Report for September 10th-14th   

In the week September 10th-14th, the indexes of Shanghai Stock and Shenzhen Stock climbed 0.73% and 1.42% respectively, hitting their historical new high. PBC announced in the evening of September 14th to increase the deposit interest rate against the high CPI index in August. This is the fifth increase of deposit interest this year.  
   The big growth of stock price this week among the 94 chemical makers listed here was belong to a chemical fiber operator - Shandong Helon Company Ltd. 49 chemical makers suffered a price decline of stock.  
   A security playing company reported that there are 144 chemical companies in Shanghai Stock and Shenzhen Stock. These companies accumulatively achieved a revenue of RMB731 billion and a net profit of RMB43.3 billion, an increase of 18.72% and 72.24% respectively. The data show China's chemical industry rebounded from the mid-2006 and is hitting a new high on the back of brisk demand. Although some companies are making money from investing in the crazy stock market, the direct progress in this industry is not ignorable.
   Among the sub-sectors of chemical industry, security analysts suggested three worth buying sectors - chemical fertilizer manufacturing sector, advanced materials sector and chemical fiber making sector. These three sectors are also less depending on exporter-led economy.

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
    8.23     -7.1     75.1     48.4     -52.4     9250
000059    Liaoning Huajin Tongda    CF
    13.55     -2.4     269.2     104.2     13.2     8987
000155    Sichuan Chemical    CF
    11.43     -5.4     158.6     38.9     -27.3     5372
000420    Jilin Chemical Fibre    FM
    10.80     13.7     330.3     180.0     49.4     4085
000422    Hubei Yihua Chemical    CF
    21.52     5.6     353.1     54.2     -2.8     11672
000498    Dandong Chemical Fibre    FM
    10.35     4.4     417.5     -11.0     32.8     4037
000510    Sichuan Jinlu    BI
    9.07     -3.0     252.9     79.1     -39.1     5525
000523    Lonkey Industrial     SC
    9.31     3.0     143.1     147.8     5.5     1607
000525    Nanjing Redsun    SC
    11.37     -8.3     61.0     97.5     -45.4     3186
000553    Hubei Sanonda    SC
    11.50     -5.3     151.1     297.2     -45.6     3415
000554    Sinopec Taishan Petroleum    PC
    14.12     -4.9     131.5     88.3     -54.1     6789
000565    Sanxia Paints     SC
    16.12     -4.3     284.7     435.7     -45.9     2796
000584    Sofcra Special-Typed Fiber    FM
    16.50     -2.4     437.5     767.4     -42.5     5005
000589    Gui Zhou Tyre    PR
    9.83     -2.6     108.3     41.7     -38.1     2500
000599    Qingdao Doublestar    PR
    7.02     1.9     177.5     80.7     -36.1     3194
000635    Ningxia Yinglite    BI
    25.35     9.7     372.1     88.1     -19.5     3485
000637    Maoming Petrochemical Shihua    PC
    17.16     9.1     58.4     64.3     -17.1     7758
000659    Zhuhai Zhongfu     PR
    15.09     13.5     377.5     100.6     28.5     10386
000665    Wuhan Plastics     PR
    9.75     1.5     142.5     75.0     -56.1     1731
000668    Sinopec Wuhan Petroleum    PC
    25.12     9.7     142.5     93.0