Weekly Report for December 3rd-7th     

In the week of November 26th-30th, the indexes of Shanghai Stock and Shenzhen Stock descended by 3.19% and 3.57% respectively. Shandong HELON (SZ: 000677), which announced to issue new additional 80 million shares on December 6th, suffered the biggest weekly stock price drop - 14.21% among the 91 chemical companies. Shenyang Chemical (SZ: 000698), controlled by ChemChina, won the biggest stock price increase of 28%.
   In the week of December 3rd-7th, the indexes of Shanghai Stock and Shenzhen Stock went up 4.52% and 7.12% respectively. Only five chemical companies suffered a drop of their stock prices while 82 companies gained a growth in the week.
   Trades of ten chemical stocks were temporally stopped in the week of December 3rd-7th. Shandong HELON issued 80 million public shares for raising funds to construct a 30 thousand t/a viscose staple project. The majority of Jin Hua Group (SZ: 000818) was announced to become bankrupt. Shanghai Worldbest (SH: 600094) announced to solve debt crisis through merging with new large investors. The trades on the stocks of Sinopec Shanghai Petrochemical (SH: 600688) and Sinopec Yizheng Chemical Fiber (SH: 600871) were temporally stopped from December 3rd, because their initial shares held by Sinopec Corp. should be exchanged into publicly tradable through negotiation with other minority shareholders, which means Sinopec Corp. will probably not privatize these two companies.

By 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
    8.40     6.9     78.7     49.4     35.5    9441
000059    Liaoning Huajin Tongda    CF
    11.12     5.2     203.0     85.5     9.2    7375
000155    Sichuan Chemical    CF
    12.40     10.0     180.5     42.2     51.7    5828
000420    Jilin Chemical Fibre    FM
    9.79     5.2     290.0     163.2     -22.1    3703
000422    Hubei Yihua Chemical    CF
    17.41     10.3     266.5     43.9     7.6    9443
000498    Dandong Chemical Fibre    FM
    6.54     20.0     227.0     -7.0     20.1    2551
000510    Sichuan Jinlu    BI
    7.42     5.1     188.7     64.7     33.1    4520
000515    Chongqing Titanium     BI
    17.92     5.0     179.1     162.9     -35.5    3355
000523    Lonkey Industrial     SC
    8.60     10.8     124.5     136.5     326.2    1484
000525    Nanjing Redsun    SC
    13.39     8.7     89.7     114.8     -22.6    3752
000553    Hubei Sanonda    SC
    10.29     9.9     124.7     265.9     31.9    3056
000554    Sinopec Taishan Petroleum    PC
    11.50     5.0     88.5     71.9     -26.1    5529
000565    Sanxia Paints     SC
    21.82     8.3     420.8     589.7     -50.0    3784
000584    Sofcra Special-Typed Fiber    FM
    17.18     7.4     459.6     799.1     37.3    5211
000589    Gui Zhou Tyre    PR
    8.88     5.7     88.1     37.6     7.2    2258
000599    Qingdao Doublestar    PR
    6.42     1.4     153.8     73.8     -10.9    2921
000635    Ningxia Yinglite    BI
    24.69     9.7     359.8     85.8     2.7    3394
000637    Maoming Petrochemical Shihua    PC
    13.68     4.4     26.3     51.2     32.1    6184
000659    Zhuhai Zhongfu     PR
    10.54     5.4     233.5     70.3     28.2    7255
000665    Wuhan Plastics     PR
    8.73     10.9     117.2     67.2     -29.6    1549
000668    Sinopec Wuhan Petroleum    PC
    19.94     10.8&n