Weekly Report for September 17th-21st     

In the week September 17th-21st, the indexes of Shanghai Stock and Shenzhen Stock climbed 2.68% and 0.08% respectively, hitting their historical new high again. Recently continuous and concentrated IPO absorbed much money from the stock market, the investors have, however, remained firm confidence in the booming economy of China, in spite of the judgment 'foam'.
   The trade on the stock of Guangdong Kaiping Chunhui Co., Ltd. (SZ: 000976) was at last allowed to restart on September 17th after a stop of five months. Its majority shareholder - Guangdong Kaiping Terylene Enterprises Group went into bankruptcy. Its stock prices rocketed by 61.2% in the week, having reached the daily growth limit (10%) each day. This increase can be called time compensation.
   Cangzhou Dahua (SH: 600230), who suffered an explosive outbreak on its 30 000 t/a TDI unit, occupied the second position in the list of stock price increase. The company announced that the 30 000 t/a TDI production line will recover production by the end of October, and the newly constructed 50 000 t/a TDI line will come on stream in October. ChemChina, its actual majority shareholder, also promised to pour excellent assets into the company.  
   Shanghai Zi Jiang Enterprise (SH: 600210) announced it will record an excellent performance in the third quarter, which helps the price growth of its stock rank the third.
   Shenhua Group, a coal and new energy giant, and PetroChina Company Ltd. both are going to issue shares in domestic stock market.

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
    8.02     -2.6     70.6     47.2     -25.5     9014     
000059    Liaoning Huajin Tongda    CF
    13.56     0.1     269.5     104.3     -31.7     8993     
000155    Sichuan Chemical    CF
    11.04     -3.4     149.8     37.6     -15.4     5189     
000420    Jilin Chemical Fibre    FM
    11.16     3.3     344.6     186.0     -23.4     4221     
000422    Hubei Yihua Chemical    CF
    23.45     9.0     393.7     59.1     -0.6     12719     
000498    Dandong Chemical Fibre    FM
    9.09     -12.2     354.5     -9.7     -17.1     3545     
000510    Sichuan Jinlu    BI
    8.69     -4.2     238.1     75.8     -23.7     5294     
000523    Lonkey Industrial     SC
    9.45     1.5     146.7     150.0     26.7     1631     
000525    Nanjing Redsun    SC
    11.90     4.7     68.6     102.1     -20.3     3335     
000553    Hubei Sanonda    SC
    10.92     -5.0     138.4     282.2     -15.0     3243     
000554    Sinopec Taishan Petroleum    PC
    15.12     7.1     147.9     94.5     23.8     7270     
000565    Sanxia Paints     SC
    15.40     -4.5     267.5     416.2     -12.6     2671     
000584    Sofcra Special-Typed Fiber    FM
    16.09     -2.5     424.1     748.4     0.4     4881
000589    Gui Zhou Tyre    PR
    10.40     5.8     120.3     44.1     37.8     2645
000599    Qingdao Doublestar    PR
    7.69     9.5     204.0     88.4     143.3     3499
000635    Ningxia Yinglite    BI
    25.89     2.1     382.1     89.9     -28.0     3559
000637    Maoming Petrochemical Shihua    PC
    17.70     3.1     63.4     66.3     -20.9     8002
000659    Zhuhai Zhongfu     PR
    13.84   &