
StablespotpricesatQHDport.Thermalcoalpricesreboundedslightlyat(Reiterate)Qinhuangdaoport(QHD)lastweek.Pricesof5,800/kcalthermalcoalreboundedRmb10/tonnetoRmb655/tonne,whilethoseof5,500/5,000kcalmaintainedatRmb620/535pertonne.Inventoryattheportrose5%WoWto6.6mntonnes,whilethatatthemajor6powercompaniesdropped2%WoWto14.3mntonnes(orequivalentto20days).Contractpricespostedmodestincrea...

GUANGZHOU,China,Feb.7,2013/PRNewswire/--AsawindowontotheChinesemarketplace,theCantonFair-China'smostprestigioustradeevent-isprovingincreasinglyimportanttobuyersandsellersfromemergingmarkets.Withthe113thFairkickingoffonApril15,businessmenworldwide-especiallythosefromemergingeconomiesinLatinAmerica,AsiaandAfrica-aregearinguptobuildonthesuccessoflastyear'sevent,whichsawtrade...

EventChinaOverseasLand(688HK,HK$22.95,Neutral,TP:HK$19.15)reportedverystrongcontractedsalesofHK$14.7bninJanuary,up161%MoMand273%YoY.GFAsoldwas930ksqm,up114%MoMand264%YoY.ASPwasHK$15,800/sqmvsHK$12,935/sqminDecemberandthe2012averageofHK$15,295/sqm.2012full-yearsaleswereHK$111.5bn,up28%YoY,exceedingthecompany’snewFYtargetofHK$100bn.Thecompanyacquired2ne...