Weekly Report of Stock Performance

For the week (May 8th-11th), the index of Shanghai Stock market
and Shenzhen Stock market created their own new high again, a
weekly increase of 5.72% and 7.08% respectively. All the 96
companies majored in chemical industry posted their 2006
operation performances. Eleven companies of them suffered a loss.
The P.E. for 85 companies with positive profit was averaged at
187 times, already with less investing value when comparing with
the RMB deposit interest rate that is 2.79% for one-year
duration.  
   On May 16th, the exchange rate of RMB/US$ depreciated by 200
basic points, which is the largest daily drop in one year.
Analysts suggested that some foreign stock investors are
withdrawing from China's stock markets. Many local majority
shareholders, including the state-owned ones who have already
completed equity reform, reduced their stock in the week May
8th-11th.     
   According to a report, the total marketcap of Shanghai Stock
and Shenzhen Stock reached RMB17 430 billion on May 17th, while
the total deposit of domestic residents was RMB17 370 billion
as of the end of April.
   Nafine Chemical (SZ: 000737), which had enjoyed a price
increase of 33.3% in the week April 23rd-27th, ranked the last
with a price drop of 12.2%. Sinopec Yizheng (SH: 600871) climbed
27.6% after an increase of 22.5% in the week April 23rd-27th.
During a public holiday, there is one working day during April
30th to May 4th, resulting in a big weekly volume change in this
table.         

By Peter Zong  

Code        Company name        Category
        Closing     1-Week         YTD %     Trailing    Weekly
volume    Marketcap
        Price, RMB    change %    change        P.E.     change
    %         mn RMB
000036    China Union Holdings     FM
    11.29     1.9     140.2     66.4     189.8     12689     
000059    Liaoning Huajin Tongda    CF
    11.49     -2.6     213.1     88.4     359.4     7620     
000155    Sichuan Chemical    CF
    11.81     16.4     167.2     40.2     155.8     5551     
000420    Jilin Chemical Fibre    FM
    9.45     6.1     276.5     157.5     496.2     3575     
000422    Hubei Yihua Chemical    CF
    13.85     -2.2     191.6     34.9     351.6     7512     
000498    Dandong Chemical Fibre    FM
    5.39     8.7     169.5     -5.7     343.5     2102     
000510    Sichuan Jinlu    BI
    9.20     5.7     258.0     80.2     349.7     5604     
000515    Chongqing Titanium     BI
    19.72     19.5     207.2     179.3     641.3     3692     
000523    Lonkey Industrial     SC
    10.82     13.1     182.5     171.7     444.9     1867     
000525    Nanjing Redsun    SC
    12.68     -2.8     79.6     108.7     476.0     3553     
000553    Hubei Sanonda    SC
    15.51     2.8     238.6     200.6     394.1     4606     
000554    Sinopec Taishan Petroleum    PC
    10.66     6.7     74.8     66.6     670.0     5125     
000565    Sanxia Paints     SC
    11.49     5.3     174.2     310.5     408.6     1993     
000584    Sofcra Special-Typed Fiber    FM
    15.53     0.5     405.9     722.3     249.8     4711
000589    Gui Zhou Tyre    PR
    11.92     14.5     152.5     50.5     471.6     3032
000599    Qingdao Doublestar    PR
    7.75     7.8     206.3     89.1     293.8     3526
000635    Ningxia Yinglite    BI
    15.98     15.1     197.6     55.5     0.0     2197
000637    Maoming Petrochemical Shihua    PC
    18.00     21.2     66.2     67.4     384.2     813