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Article: Weekly report for October 29th-November 2nd.(STOCK)
- Article from:
- China Chemical Reporter
- Article date:
- November 16, 2007
- Author:
CopyrightCOPYRIGHT 2007 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In the week of October 29th-November 2nd, the indexes of the Shanghai and Shenzhen stock markets went up 3.37% and 0.31% respectively, preparing for the publicly trading of the 4 billion new shares of PetroChina Company Ltd on November 5th.
PetroChina and Sinopec Corp. together are required by the central government to guarantee the supply of petroleum products and gases in domestic market. The boosted prices of petroleum products resulted in prices climb for most of goods. The development of economy is coming across the huge problem with supply of energy and other resources.
Yunnan Malong Chemicals & Construction Co., Ltd. (SH: 600792), which occupies ...