samedi 7 mai 2011

China buffet news...



China Petrochemical Corp, parent of Sinopec Corp NYSE: SNP, said its crude oil tank capable of two million tons in Maoming, Guangdong province has become operational, doubling its storage in the city to four million.
China Mobile Ltd NYSE: CHL, intends to continue its "Android+" strategy of developing a unique Chinese mobile operating system based on Android source code following the release of its OPhone 2.5 mobile operating system, according to an industry source. In the long term, China Mobile may consider developing an independent operating system with Android application compatibility, switching to a self-developed system based on the open-source Linux kernel. A source at a TD-SCDMA handset manufacturer said that the OPhone 2.5 was developed to provide smartphones priced at or below ¥1,000 without sacrificing quality.
Youku.com Inc NYSE: YOKU, China's largest video site, posted ¥128 million in revenues and ¥46.9 million in net losses for Q1 2011, up 163% and down 8% respectively from a year earlier.
51job Inc NASDAQ: JOBS,China's largest online HR source provider, posted ¥324.5 million in revenues and ¥108.1 million in net profits for Q1 2011, up 27.6% and 77% respectively from a year earlier.

VisionChina Media Inc NASDAQ: VISN, one of China's largest out-of-home digital television advertising networks on mass transportation systems, posted $32.5 million in revenues and $13 million in net losses for Q1 2011, up 39.1% and 12.1% respectively from a year earlier.
Cogo Group Inc NASDAQ: COGO, one of the leading gateways for global semiconductor companies to access the industrial and technology markets in China, posted $104.42 million in net revenues and $4.13 million in net profits for Q1 2011, up 28.9% and 18.7% respectively from a year earlier.
Spreadtrum Communications Inc NASDAQ: SPRD, a leading fabless semiconductor provider in China, $137.1 million in revenues and $27.5 million in net profits for Q1 2011, up 163% and 316.7% respectively from a year earlier.

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