Weekly Report for November 12th-16th     

In the week of November 5th-9th, the indexes of the Shanghai and Shenzhen stock markets went down 8.00% and 7.56% respectively, in response to the publicly trading of the 4 billion new shares of PetroChina Company Ltd on November 5th. And some analysts thought the deep drop was caused by global stock markets and the US home loan crisis (or the crisis of subprime mortgage loans). The stock price of Hualu-Hengsheng Chemical (SH: 600426) suffered a drop of 39.3% weekly, hit the biggest drop. The stock price of Sinopec Corp. (600028) dropped 18%, ranked the third place.
  In the week of November 12th-16th, the index of the Shanghai stock market gained a weekly growth of 0.013%, while the index of the Shenzhen stock market went down 2.52%. The trade on the stocks of five chemical makers has been stopped in the week, their codes are SH: 600074,600160, 600331, 600579 and 600803.
   Fifty two companies enjoyed an increase of their stock prices while 40 companies suffered a drop. The stock price of Jilin Chemical Fibre (SZ: 000420) descended by 12.6%, the biggest drop among the 40 companies. The stock of Hubei Sanonda (SZ: 000553) that majored in pesticides manufacture and controlled by ChemChina gained the best performance among all the 92 chemical firms, with a weekly price increase of 37.9%. Analyst comments its surging price was pushed by speculators, not by its good operating performance.  
   Since November 19th, the stock price of PetroChina Company Limited started to affect heavily the index of the Shanghai stock market.


Peter Zong


Ticker or Code    Company name    Category
    Closing    1-Week    YTD    Trailing     Weekly    Marketcap
    price    change    change    P.E.     change    
    RMB     %         %                  %       mn RMB   
000036    China Union Holdings     FM
    8.20     17.1     74.5     48.2     17.14    9216
000059    Liaoning Huajin Tongda    CF
    11.30     5.3     207.9     86.9     5.31    7494
000155    Sichuan Chemical    CF
    10.60     1.2     139.8     36.1     1.24    4982
000420    Jilin Chemical Fibre    FM
    9.12     -12.6     263.3     152.0     -3.49    3450
000422    Hubei Yihua Chemical    CF
    17.26     1.4     263.4     43.5     1.41    9361
000498    Dandong Chemical Fibre    FM
    5.02     -8.1     151.0     -5.3     -8.06    1958
000510    Sichuan Jinlu    BI
    7.14     0.8     177.8     62.2     0.85    4350
000515    Chongqing Titanium     BI
    16.60     -7.6     158.6     150.9     -7.57    3108
000523    Lonkey Industrial     SC
    7.66     0.5     100.0     121.6     0.52    1322
000525    Nanjing Redsun    SC
    13.55     1.8     91.9     116.2     1.8    3797
000553    Hubei Sanonda    SC
    10.80     37.9     135.8     279.1     38.44    3207
000554    Sinopec Taishan Petroleum    PC
    13.25     -3.9     117.2     82.8     3.92    6370
000565    Sanxia Paints     SC
    21.28     13.2     407.9     575.1     13.19    3691
000584    Sofcra Special-Typed Fiber    FM
    16.26     -3.6     429.6     756.3     -3.56    4932
000589    Gui Zhou Tyre    PR
    8.70     0.6     84.3     36.9     -0.58    2213
000599    Qingdao Doublestar    PR
    6.38     0.9     152.2     73.3     0.95    2903
000635    Ningxia Yinglite    BI
    24.33     0.5     353.1     84.5     0.54    3345
000637    Maoming Petrochemical Shihua    PC
    13.16     -4.5     21.5     49.3     -4.5    5949
000659    Zhuhai Zhongfu     PR
    10.38     0.4     228.5     69.2     0.39    7145
000665    Wuhan Plastics     PR
    6.93     2.7     72.4     53.3