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NYboy 发表于 2008-11-11 11:51

CITICS: Morning News 20081111

<p><br/>China Headlines: </p><p>1. NDRC Arranged another RMB100bn Investment Fund to boost Domestic Demand. (Securities Times)&nbsp;&nbsp; </p><p>2. Premier Wen addressed in the State Council Meeting calling for a healthy and stable development of the property market. </p><p>3. China to launch tax reform to boost growth in 2009 (Securities Times) </p><p>4. People's Bank of China to Strengthen Lending `Guidance,' Ensure Liquidity China's central bank said it will ensure liquidity in the financial system and strengthen ``guidance'' so that bank lending goes to key projects and smaller businesses. (Bloomberg) </p><p>5. National Bureau of Stats: Oct. PPI up 6.6% yoy, down 2.5%mom which exceeds earlier expectations. (China Securities News) <br/>&nbsp;&nbsp; Citic Macro Analyst predicts Nov. PPI would drop to 4% </p><p>6. No Time Table for the Ping An Refinance Plan , according to insiders. </p><p></p>

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