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129859145715781250_467 Canada study: business school application guide Canada business school teaching, and combines the advantages of European and North American management education, together with the tuition fees are relatively low, as many commercial applicants the choice of.  Now students attending high school or senior high school, studying at Canada ranked business school is no longer a dream, as long as the advance preparation, opportunities right by your side. Canada Business School applications points eachCanada Business School courses have different characteristics, we recommend that the applicant in the application should be combined with personal background, studying purpose, integrated assessment of industry orientation. The University of Toronto's Rotman School of management in the finance sector has always been leading. And the school of business, York University Shu Lihe is Canada schools upstart, over the past three years, Rotman, SchulichIn the rankings from different sources, "one after another", or before the Schulich, or before Rotman, Schulich powerful competitiveness is shown. Schulich Accounting Professional is recognized as Canada's most powerful, its flourishing financial professionals in recent years. Both schools need four semesters to complete. Tuition fees are Canadian dollars respectively 40,000 and about 30,000. Recommend programs: application for the University of Toronto, Rotman School of management students need: 75% college entrance examination scores, excellent high school average, IELTS 6.5 points. If no score of 6.5 applications language can apply for the International Foundation of IFP, University of Toronto undergraduate dual admissions (applicants must provide the basis for English achievementTOEFL or IELTS 5 69 min). York Shu Lihe business school, China's very difficult high school graduates to apply directly, you can first apply for other college business major. Queen's University School of Business MBA preference for science and technology United States immigration category F4, the tuition fees are very expensive. Only three semesters to complete a full course, but its tuition fees of up to c $ 48,000.Course time is short, high intensity, small classes, services are in place, particularly suited to the technical background of the applicants, high reputation in North America. Expert advice: select school, fame is certainly important, but the most important thing you want to see your own background and the future direction of development. If it is a finance background, wishing to enter the Bank, insurance companies and other financial industries, Rotman School of management or moersen business studiesAbsolute preference. If you are good at debates, the courage to challenge themselves, expectations of development around the world, and for the management of interest, there is no doubt that IVEY. Three of the world's most typical cases teaching school at Harvard Business School, Dan Darden He Yiwei business school. York IMBA is very good, but workplace attachment opportunities around the world. School of business, Queen's University, focusing onEngineering background of the applicant.   School of business, UBC as a rising star in the rapid rise of courses up to 15 months. Some students are keen on ranking and reputation of the school, in fact, important to consider the suitability of the school, learned anything at graduation time, can study purposes. Good schools will have a good start, but after graduation, more employers will see the work experience and practicalCapacity. Application to a good University ranking is good, but the students according to own actual situation, good University ranking the elimination rate is quite high, so I hope that the majority of high school students must apply with caution, the successful completion of their study abroad dream is the most important, do not overly ambitious. Choose University can get better ranking university degree, also have FengRich practical experience. [Scroll] expert cadres "back seat" to eat empty rates reflecting institutional shortcomings (07-05) [scroll] poor vocational assessment Division played tricks Taobao credit system such as "dangerous" (07-05) [scroll] yanlord yiting decoration "nine crimes" is accused of sacrificing qualityProfit (07-05) [scroll] as first grade Fund today approved resumption of trading in transition (07-05) [scroll] holding an additional obstacle in Guangzhou Guangdong 3 home rescue fund companies (07-05) [scroll] Barclays make false countercharges that United Kingdom bank directs (07-05) [scroll] new blue-chip will be the mainstay in the secondary market (07-05) [scroll] March CCB build small micro-loan servicing platform (07-05) [scroll] Kweichow moutai: billions of targeted moutai group as a whole (07-05)[Scroll] small caps popular contract 12th consecutive Super Shanghai stock market in Shenzhen (07-05) [scroll]IMF down United States economy was expected this year and next (07-05) [scroll] investment bodies have recommended that investors buy gold offer (07-05) [on the scroll]S petrochemicalS yizheng chemical rose denies stock rumors (07-05) [scroll] proposed that the control of traffic, southern coastal Coal imports (07-05) [scroll] editorial: China does not exist a balance sheet recession (07-05) [scroll] 31 heavy industry denies mass layoffs (07-05) [scroll] brokerage listing businesses opened up new ways of financing (07-05) [scroll] decline in both production and sales inventory backlog climbed from coal producing areas (07-05) [scroll] sell more frequently listed real estate enterprises will recovery (07-05) [scroll] Body increases global oilseed production estimate for the year (07-05) [scroll] comments: corrective relief policies conducive to economic recovery in the direction of the European Union (07-05) [scroll] brokerage insurance with banking market eroded (07-05) [scroll] development and Reform Commission: energy saving and environmental protectionIndustry can stimulate trillions of investment (07-05) [scroll] 30% capacity to be 5 years away from Shanghai Baosteel this part (07-05) [scroll] 18 fund companies defying scale Super bull market growth bear-4.5 years (07-05) [scroll] ginseng is expected in August granted for new resourcesFood (07-05) [scroll] new inflection point for iron ore game looming (07-05) [scroll] Spain proposed 30 billion euros of new austerity programme (07-05) [scroll] "Twelve-Five" energy saving and environmental protection planning publication (07-05) [rollingDynamic] Toshiba for manipulating product prices are subject to heavy penalties (07-05) [scroll] 34,000 new Boeing forecast the global 20 years domestic demand (07-05) [scroll] Volvo fined for late-reported the recall (07-05) [scroll] Super 80% of Chinese enterprises ' "value" domestic market (07-05) [scroll] corporate bond issuance in the first half record 103 billion (07-05) [scroll] consumption diminished jewellery sales in Hong Kong fell on the Mainland (07-05) [scroll] Japanese cars leading the way United States automobile market in the June (07-05) [scroll] Guangzhou pharmaceutical "red pot activist" sword refers to two distributors (07-05) [scroll] international oil prices continued to rebound in domestic prices expected don't change (07-05) [scroll] only two Chinese companies listed in the us in the first half (07-05) [scroll] molybdenum-copper project called HTC shares fell(07-05) revenue over expenditure is growing faster | Balance than in 2005 increased by 4.35 times | Parts not to be included in the financial accounts management of audits reveal clues to thoroughly investigate what | Head to take command in person inspection | Bureau of land and resources will increase the financial system reform or violation concerned | Land transfer price or relief| Original generation were selling like hotcakes, Hangzhou, Wuxi Secretary for land and bribery claims to clean face advertising [financial] Hangzhou, Guangdong quality supervision Bureau bus spends over 40 million are now sky-high camel milk [financial] Huang Ming solar aeration be Huang Sheng low price they are sons and daughters of relatives [financial] original Wuxi official defence integrity: developer red envelope is on official business[Financial] Tangshan reported dozens of farmers due to real-Bank "loan" of retaliation after [stock] high sent in turn first unit appeared distant photoelectric proposes 10 10 3[stock] days of the people's daily commentary appears to be interpreting it is out in the capital markets [commercial] Nokia reassessment: sunset West Hill post-PC era how to Microsoft [business] dayThis mobile Internet Lei Jun on the Zhou and the worsening of the mysteries behind the [financial] 1 million yuan in foreign bank 5 years storage period interest up to 90,000 different [fiscal] Hangzhou next savings bonds be sky-high camel milk 10th last ten yin and Yang States in the world in Hollywood who is the gold?

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129859193793593750_157 var _fin_hqimg_mod_code = []; var _fin_hqimg_mod_type = 'kline-day'; var _fin_hqimg_mod_max = 1; (function(){ var c= 'sH000001'.split (','), n=' index of '.split (','); For (var i=0;i|xGv00|deddd684786bf7623f5de7aea47145af "Chief" after Hu Zhi slight lower in early trading on Tuesday, on a once-powerful punching station on10th line. Afternoon, weakened financial sector, dropped the two cities. Stock indexes touched for the first time after nearly two weeks after the 10th averages, try main action obvious. Fell after two consecutive months of negative market there seems to be reason to start warming, exhibition after the effective support of the 2200.1 line of the market rebound is increasing the probability of. Maritime economy (marine equipment, shipbuilding), only half a page rocksRead Unit continues to become long launch onslaught of major positions. Stronger in the market is not fully, plates were difficult to effectively under the premise of wheeled mobility, individual concepts continued hype are the only main market of choice. Recommends that investors may wish to look for opportunities from these popular subjects. "Hot spotlight" concept of traditional Chinese medicine: medicine of the Ministry of consumer goods industry Division Deputy Director Zhang told reporters yesterday:"37 up to 600 to 700 Yuan per kg. "In the meantime, take 25% share in the Chinese pharmaceutical market of traditional Chinese medicine industry, value is set to" Twelve-Five "increasingly during shows, in addition to continuous moves toward policy" dividend ", the support resources, enabling also will increase the variety and scope. Related units concerned: Jolly pharmaceutical drug industry, qianjin Pharmaceutical Co, ConMedIndustry and so on. Concept of the South China Sea: in May of this year, "Hai Yang Shi you 981" first drill in South China Sea, marks the first such independent deep-water oil and gas exploration and development in China; the month, China's first deepwater pipelay vessel crane barge-"Hai Yang Shi you 201" in South China Sea laying work. South China Sea oil and gas production, with major economic and strategic significance. National strategy for development had risen as the South China Sea, believed related to support politicalStrategies will accelerate the introduction, huge inflow of investment, offshore equipment, deep water oil and gas exploration industry will therefore take the lead in development of access than expected. Recommendations concerned: Guangzhou shipyard international, Shandong molong, Kat AI technology. "Technical" bulls lost to the counter at the bottom were raised from the morphological point of view, currently Hu Zhi is expected to form a head and shoulder bottom patterns, stuck on Friday,This week started running on the right shoulder, as long as the market continued to rebound on Wednesday will form the head and shoulders bottom forms, also means the market has the potential to rapidly elevating movements, their goal is to build a 2280-2310 interval in mid-June the small box. "Body tide" Gao Hua securities: the market may still be shocks in the short term, but the medium-term will remain up. Policy adjustment in China is graduallyPlay a role, however, increased risk to earnings at the time of the performance period, market in the short term is expected to remain shocks. In addition, have policy adjustments have not yet appeared in the economy as a whole, but also magnifies the short-term fluctuations in Europe. The South Fund: current a-shares are "cheap" market shocks to an upward trend in the second half, investments preference on ShanghaiRepresented by deep 300 blue chip, for gem and poor performance unit to avoid as much as possible. Focus on the second half of configuration sectors include financial, real estate, branded consumer, such as advanced manufacturing, at the same time think that bank stocks will have excess profits. Changjiang securities: three ropeway (002159) published on the wholly-owned subsidiary of capital increase and the introduction of a specific investor bulletin. Companies are currently in industryExpansion, have many successful local development area. Given the companies actively introduce specific investment increased funding to accelerate the construction of projects, as well as the profitable sustainability to look forward to after the completion of the project. "Market trend" chonggao fall of the market on Tuesday, but is still in within a reasonable technical forms, call signs did not recede, and the 5th line for two consecutive days also proved to strong support of Hu ZhiIn this connection, no breath break through the 10th line long within a few days you want uniform steps, from the trend of Pacific Century CyberWorks rose 63 only, go-7 data, shorts had turned. From the day Hu Zhi line MACD view, white line close to the yellow line for the third time, 3 times gold fork just around the corner, rally was imminent, and actively participate in. Concerns reported the opportunity. Hu Zhi short-term resistance level 2393.28Point support 2219.19; shenchengzhi the short term resistance level of 10271.37 points, support 9514.31. "Capital flows" renders a net transfer of financial resources of the market on Tuesday, which main outflows of 1.514 billion yuan, retail outflows 2.059 billion yuan. The concept of sector, main net financial flows to the top plate on Tuesday are:Chongqing-Hong Kong Special Administrative Region, a recycling economy, and margin, the major concept of the top plate to a net outflow of funds: Fund top holdings, QFII holding plate, time shares, and so on. Unit, major funding increases warehouse on Tuesday shares in the top five are: vivi shares, poly real estate, wuliangye, ConMed pharmaceutical industry, Luzhou laojiao; main jiancang shares in the top five are: baotou steel rare earth, Ke San Huan, Erie unit, Zoomlion, donge ejiao. "A unit of gold" Haining City (002344): the company is a business, financial, information services, as one of the nation's largest leather professional market, commodity turnover ranked second leather professional market, is the largest bags trading area in East China, leather garment trading in the markets nationwide and overseas markets. Clouds electric(300,304): cloud electrical product for automotive rectifiers and regulators, the two per cent of operating revenues and gross profit 95% per cent, mainly for automobile generator vendor-supplied Assembly, belong to the secondary parts suppliers. 2010 years rectifier for car sales in the domestic enterprises (including wholly-owned joint venture company) ranked the regulator for vehicle exhaustThird, the 2011 market share respectively and 24.1%. "The market focus," people's daily issued a document to solidarity with the stock market! Corporate finance has three main paths: Bank loans, stock listing and financing, bond financing. Equity and debt markets the proportion of direct financing significantly low. Although stocks accelerated in recent years, but still difficult financing of thirst, the bond marketExhibition space is very big. The medium and long term, changes in equity financing preference of enterprises, development of the bond market also needs to be greatly strengthened the basis of society, such as social credit culture construction, rating system, the rule of law, bond, bond market risk guarantee mechanisms requires relying on talents and so on. China's bond market is entering its fast channel: May 21, in line with the conditions of the convertible bonds accounted for repoPledge, mortgage repurchase of convertible bonds financing start; at the same time, June 8 SME private equity debt first success in Shanghai Stock Exchange release. On that day, the Shenzhen Stock Exchange first SME private bond issue also completed. Bond market expansion, which means that a share expansion pressures are easing trend.

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129859145770781250_585 Bi-directional risk banks keen to fisheries disputes A fish before they were sent to the farm after the whole industry chain, what about all aspects of revenue? Namely seedling Maori about 50%, about aquaculture and offshore fishing for Maori in the 40%, processing gross margin at about 10%. "Fisheries revenue is not low. "Minsheng Bank Financial Division of modern agriculture researcher told the reporter, as long as the design of financial productsReasonable, banks involved in fisheries income is very good. Minsheng Bank to the business news reporter providing an information display, by 2016, Minsheng Bank in the area of marine fisheries will reach 40 billion dollars in loan balances, non-lending finance balance reached 55 billion yuan. Except for Minsheng Bank, China Construction Bank by the end of 2011, hadNingbo ocean fisheries, marine transport, the petroleum and natural gas, coastal tourism, coastal shipbuilding five oceans provided pillar industries directly and indirectly raise more than $ 10 billion dollars. Japan Post Bank Zhejiang branch also operated fishing mortgage business several years ago, as of now, Japan Post Bank branch has about $ 500 million worth of mortgage loans granted fishing vessels. Bank of communications also table, As shown in the demonstration area of Zhejiang marine economy as financial support focused on the pay-line, formulating support policies, and in institutional settings, permission to be tilted, financial support and more. "Sea-related" business, have become enthusiastic in the emerging areas of the financial industry in recent years. But whether it is fishing on the risk in the financial sector, financial sector interventions of risk to exploitation of the sea, which are still notCan be identified. Financial "sea involved" risks geometry along the lines of Minsheng Bank Chairman Dong Wenbiao, "the people's livelihood in the future banks of every branch has its own distinct leading industry. "For example, he said, is the leading industry of Quanzhou branch stone, jade is the leading industry of Kunming branch, Xiamen branch is the leading industry of tea, Zhengzhou branch is mainly agricultural and sideline products processingAnd logistics. Minsheng Bank Qingdao branch is the positioning of marine fisheries. Minsheng Bank was established in Qingdao marine fisheries financial center the morning of June 28. According to Minsheng banking said, this is the first national banking financial services professional agency for fisheries. When talking about the financial operations of marine fisheries, Dong Wenbiao said, Korea, and Japan consumption per person per year marine protein70 and 112 kg respectively, compared with only 8 kg per capita. Therefore, marine fisheries products has a huge market space. Minsheng Bank is determined to build a far East's largest seafood base in Qingdao, Dong Wenbiao said. Sea risk issues involved, said Dong Wenbiao, marine fisheries will definitely at risk. First of all is the fishery resources gradually waneBack dilemma. According to the Ministry's Fisheries Agency Deputy Director Cui Lifeng introduced, China has become the first powers of the global marine fisheries. Survey conducted by the Ministry of Agriculture Fisheries Council, "fisheries resources has not been fundamentally reversed the trend of the recession"; China Council for international cooperation on environment and development (hereinafter referred to as "State") ocean research group, a report says, at present China's "fisheries resources has enteredSevere recession ". Ocean Research Group survey shows that offshore fisheries resources in China in the late 1960 of the 20th century entered a period of comprehensive development and utilization of, after significant and sustained increase in the number of marine fishing motor vessels, about more than 10,000 more by the end of the 60 to 90 more than 200,000 in the medium term. Due to the increasing number of fishing vessels and the number of horsepower, coupled with the gears of modern, Pirate fishing the inshore fisheries resources, causes a recession. Fishing for large bottom of the object from the 60 's and benthopelagic species into current anchovy, crucian carp, small pelagic fishes such as mackerel SCAD Wong. Traditional fishing objects such as large yellow croaker pseudosciaena crocea disappeared, fish, small yellow croaker pseudosciaena polyactis catches mainly dominated by fish and yearling (approximately 60% per cent of total catches)Economic value of a significant reduction. Ministry of Agriculture Fisheries Council introduced "Twelve-Five" period, the rigid constraints of resources and environment will become more prominent, become the bottleneck of modern fisheries development. At the same time, China's modernization construction of fishery production system is not yet complete. Despite the advantages of regional distribution of fisheries production in China has basically formed, but dispersed production units and small, it is difficult to address the modernIndustrialization and market requirements. However, Minsheng Bank Financial Division of modern agriculture researcher expressed optimism. In his view, is currently the national marine fishing vessel volume and power control, you can control the amount of fishing to some extent in; the second is the national moratorium was introduced measures such as the proliferation of fishing, releasing to ensure sustainable growth in fishery resources; three Chinese fishing vesselsTo sea, deep-sea operation, expanding the scope of fishing. Aquaculture capacity also continued to grow in recent years, there are still huge room for growth. Whether it will accelerate the deterioration of the marine environment? In addition to the fishery itself features involved in the sea outside the financial sector pose a risk, leverage effect in the financial sector, are also considered or overfishing and increased resource exploitation, to the already fragile marine environment and fisheries fundingSource causing new damage. Minsheng Bank announced in a Qingdao Fu an, which has aroused much public concern. "Offshore is not catching fish not yet? Financial sector to get involved in marine fisheries to protect China's maritime safety? "" Ocean is polluted by enterprises, Bank reserves the right to terminate the business loan? "" A bank not lend to polluting enterprises, other banks will take the initiative to snatch businessDo you? "Online questions. Kong Jie, a researcher at the Institute of Chinese Yellow Sea Fisheries, Aquatic Sciences reporter said, the extensive mode of operation as well as Wade works a lot of crowding out fishing waters and tidal flat resources, destruction of aquatic habitats. Excessive fishing, as well as industrial pollution and sewage, has seriously undermined the ecological safety of fishery waters and biodiversity. According toIssued by the State Oceanic Administration on June 25 2011 China marine bulletin describes, in 2011, China's inshore environment problems still outstanding, including land source emissions considerable pressure and near-shore pollution, red tide disaster-prone, local, regional, coastal erosion, soil salinization of seawater intrusion of disasters such as severe and sudden events such as oil spills from marine ringBorder, such as increased risk. "Our country faces two major problems of sustainable development of marine economic constraints: the excessive exploitation of marine resources and marine pollution is becoming increasingly serious. "Department of Ocean University finance director Yin kedong said. At present, China's marine industry development area is concentrated in coastal and shallow waters, including marine aquatic resource use, and very shallow sea oil and gas resource utilization in shallow water, seawaterSalt, Ocean tourism resources and the resource utilization of ports, on the whole, in the extensive development stage. Yin kedong reporter says, you need to balance immediate interests and long-term interests, ocean marine environmental protection and economic development go hand in hand. According to this newspaper reporter has learned that the current financial state money into the direction of the sea, mainly concentrated in the large fishery enterprise resourceCollection, fisheries, such as infrastructure construction, but in the field of conservation and restoration of fishery resources invested are very limited.

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129859145628750000_283 Korea Central Bank's $ 300 million to complete opening a share does not guarantee long-term investment After entering the bond market in China, Korea Central Bank had stepped in to buy Chinese stocks. On July 1, the Korea Central Bank (Bank of Korea) that have been held by the qualified foreign institutional investor (QFII) credits for the purchase of Chinese stocks, long-term strategy to further diversify its foreign exchange reserves. One working in Korea Bank head of foreign exchange operationsTell reporter, at present, Korea's Central Bank has $ 300 million of QFII quotas all asset management companies entrusted to China, which has now been completed jiancang cities of Shenzhen and Shanghai stock. "We have invested asset management company determines, in its sole giving us choices. "He said, Korea's Central Bank set the investment ceiling for them, but for investment would not interfere too much。 Korea Central Bank not currently disclose this list of several Chinese asset management companies. By the end of May this year, Korea Central Bank reserves $ 310.87 billion, is the world s seventh. This is Korea's Central Bank investing in Chinese stocks for the first time. Korea International School of the Central University Associate Professor Chun Sun Eae told this newspaper, I believe Korea Bank investment practices would be moreConservative. Therefore, it will likely only return on investing in growth is good, big blue-chip stable. "We hope that through great efforts to cultivate institutional investors, gradually changing the a-share market operations, short-term phenomenon, fully embodies a shares market, blue-chip values. "Sinolink securities strategist Yang Jianbo told this newspaper, Korea Central Bank investment in shares is probably the 3-5-year period, thisThe national policy orientation is to attract long-term investors, so as to change existing patterns of a-share market short-term speculation. Regardless of the short-term market conditions "we cannot guarantee that Korea Central Bank investment is a long-term investment, but short of the current stock market situation is definitely not a factor we consider. "The above Korea Central Bank foreign exchange official said, buy renminbi products are designed to disperse castFunding risk, who entered a shares in line with Korea arrangement of the Bank's investment portfolio. "In the long term, the Yuan is likely to become an important reserve currency. Therefore, we will strive to build investment channels for Renminbi products. "Korea Central Bank head of foreign exchange said in an interview with this newspaper, buy renminbi does not mean the dollar will fall, so only for a diversified portfolio.According to the information of China Securities Regulatory Commission, Korea's Central Bank is granted a $ 300 million lines of QFII on March 9 this year, received the batch of Korea organizations and bodies, including Korea Investment Corporation's 200 million dollar limit, Shinhan BNP Paribas asset use, limited line of 100 million dollars, the national pension and public mission (Korea) $ 100 million lines, 4 Korea financial institutions have received $ 700 million QFII line. In accordance with the institutional investors securities investment regulations in the territory, qualified investor shall, at each investment within 6 months from the date of the grant into investment capital, without the approval of overdue shall remit. Above Korea's Central Bank said that choose this time to enter, part of the reason is because the investment of time limits. In addition, the Ordinance also provides that Governments and monetary managementAuthority type of qualified investors such as investment capital locked for a period of 3 months, that is to say, Korea after the Central Bank once you start opening, shares held by existing lockup period of 3 months. Decline in the proportion of dollar assets as the Yuan product yield and the Yuan rise against the dollar, Renminbi products has become Korea's foreign currency reserves an important part. In January of this year 18Japan, Korea Bank announced it had obtained approval from the Chinese Central Bank buy bonds in China. The line had previously obtained from the people's Bank of China's trading quotas for 20 billion yuan (approximately US $ 3.2 billion). According to Bloomberg data, in 2011, the 5-year average yields for American debt 1.41%, at the same time, China's Treasury bond yields up to 3.52% over the same period. At the same time, BloombergData also show that in 2011, the Yuan rise against the dollar by about 5%, this is the best performance of emerging market currencies. Chun Sun Eae believes that Korea's Central Bank is by investing in emerging markets such as China, diversify its high concentration of foreign exchange reserves in dollars. But it's worth noting is now Korea Central Bank investment in China will onlyLimited to large, blue-chip of China's national debt and a stock market. Korea foreign exchange reserves of the Central Bank announced on July 3 reports show that as of June this year, the Bank's foreign exchange reserves stood at US $ 312.38 billion per cent increase of us $ 1.51 billion. , The securities investment ratio of 91.4% deposit approximately the ratio of 6%. Korea Bank of 2011 according to the annual reports sectionUntil the end of last year, dollar assets reserves Korea Central Bank reserves ratio of 60.5%, down 3.2%. While in 2010 and 2009, the above figures and 63.1%, respectively. Judging from the asset allocation, United States Government debt ratio of 36.8%, rose 1%, government agencies and corporate debt fell 1.And 7%, to and 20.1%. [Scroll] debt financing made by the local financing platforms or "untie" (07-05) [scroll] ten Fund to reschedule: two pairs of giant catch to fight (07-05) [scroll] Manchester United disposed of Asia to the United States to be listed listed on the New York Stock Exchange (07-05) [scroll] Guangzhou limited licence: shake and shoot card battle (07-05) [scroll] export: "we're still on the road" (07-05) [scroll] Cao Fengqi: an incremental advance in China's financial reform (07-05) [scroll] "seventy years of ageFemale giant corruption "behind the Lok Ma (07-05) [scroll] Enterprise with inherent responsibility: good body relief world (07-05) [scroll] Huawei" collapsed "zhongxing Arun claimed India BSNL10 million dollar order (07-05) [scroll] convertible bonds was granted back toPurchase (07-05) [scroll] vanke 62.5 billion sales leads the real estate market in the first half (07-05) [scroll] pizhou local taxation Bureau official falls to loan sharks crash frequency (07-05) [scroll] encourages private enterprises to the internationalisation of overseas investment to accelerate (07-0501:26) [scroll] Re intends to take shell ST in Ganzhou Hongsheng ST Chang-JIU hopes fell (07-05) [scroll] expensive Nanjing Road: Mystery of rising rents (07-05) [scroll] steam coal prices fell even nine weeks a new level of cumulative decline 111 (07-05)[Scroll] behind cross-border ETF: competition for domestic agencies and foreign (07-05) [scroll]IMF warns United States financial Cliff proposes the Fed pushed QE3 as necessary (07-05) [scroll] 247 embarrassed the eight stocks to a record-low weight unit (07-05) [Scroll] German debt financing dilemma of negative interest rates hard European Central banks cut interest rates or blood transfusions (07-05) [scroll] Shanghai Pudong Development Bank financial assets of individuals breaking 500 billion mark (07-05) [scroll] food safety into performance appraisal (07-05) [scroll] involved l ' OréalLooking after Sarkozy favors cases have suffered "arrived" (07-05) [scroll] school bus production barriers are too low enterprise challenges with nominal (07-05) [scroll] weather speculation intensified funding "clusters" bean market (07-05) [scroll] phase II railway debts this year finishedTender red 40% close at hand (07-05) [scroll] North-South vehicle solutions for "pressing needs" by the Ministry of railways almost 2 billion gift (07-05) [scroll] Foxconn CEO Terry Cheng served six months resignation (07-05) [scroll] volunteers "for the urban temperature"(07-05) [Scroll] Wenzhou breaking "rebate" major pyramid schemes involving up to 1 billion (07-05) [scroll] establishment surveys: Super 80% Chinese companies will focus on domestic market (07-05) [scroll] urban ruling blocking to be "stuck" was questioned (07-0501:26) [scroll] aluminum extension 30-day takeover in South Gobi (07-05) [scroll] than the shareholders ' equity of frequent changes in spill spill created a number of executives rich (07-05) [scroll] international business investment and construction of natural gas (07-05) [scroll]Corporate social responsibility, explore "endogenous development" (07-05) [scroll] Central transformation tool: betting on Foxconn in Henan province "two lakes" GDP to light (07-05) [scroll] food safety performance evaluation in local government for the first time (07-05) [scroll] great wisdom:Basic expansion will affect the short-term gains (07-05) [scroll] amount of 40,000 audited national-level social security funding irregularities to be announced (07-05) revenue over expenditure is growing faster | Balance than in 2005 increased by 4.35 times | In some areas not included in the financial accounts management auditsReveal clues to thoroughly investigate what | Head to take command in person inspection | Bureau of land and resources will increase the financial system reform or violation concerned | Land transfer price or relief | Original generation were selling like hotcakes, Hangzhou, Wuxi Secretary for land and bribery claims to clean face advertising [financial] Hangzhou, Guangdong quality supervision Bureau bus spends over 40 million are now sky-high camel milk[Financial] Huang Ming solar aeration be Huang Sheng low price they are sons and daughters of relatives [financial] representations of original Wuxi officials clean: the developer is on official business, such as a red envelope [financial] Tangshan reported dozens of farmers due to real-Bank "loan" of retaliation after [stock] high sent in turn first unit appeared distant photoelectric proposes 10 10 3[stock] peoplePeople daily extensive comments on capital markets appears to be interpreting real solutions [business] Nokia reassessment: sunset West Hill post-PC era how to Microsoft [commercial] Japan Mobile Internet Lei Jun on the Zhou and the worsening of the mysteries behind the [financial] 1 million yuan in foreign bank 5 years storage period interest up to 90,000 different [fiscal] Hangzhou now sky-high price is determined,Camel milk new savings bonds with a 10th last ten yin and Yang States in the world in Hollywood who is the gold?

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129859145663437500_356 Do not understand millions of retail advertising, Chairman of Giuseppe "dashuipiao" Today began purchasing Zhejiang Giuseppe garments limited, performance worries continued exposure. Of the securities in the "George White Book alert: performance" gate of life "at first glance", reported wear clothing giants to seize the situation facing the company, major business crisis. Held in the company's recent promotion of new shares to the scene, the company's retail operations in a variety of issues, but also roadSector concerned. Chairman admits not understand retail "Giuseppe has a lot of problems in the retail business, we were very worried. Did not expect Chairman freely admit that is not done in promotion of retail, now also retain part of the retail business is clothing industry associations said they abandoned retail shame. "Participation of Giuseppe IPO promotion sectorSun Wei (a pseudonym), journalists admitted to the securities. Giuseppe at the beginning of the end of June this year of on-site promotion activities, attract many parties to. However, Chi Fang, Chairman of Giuseppe burning strongly recommended for your own company wear custom advantages at the same time, also exposed its short: "do not understand retail, retail also did not want to do". Giuseppe are traditional clothing enterprise, main products of the company as "George White"Brands such as wear, men's wear and casual wear. Chi Fang, Chairman of the burning in the eyes: retail stores are mainly done in Wenzhou, the insufficient competitiveness of Shanghai, Beijing, the current main business suit. Giuseppe prospectus shows that in 2009, 2010, 2011 corporate wear sales income as a proportion of main business revenue, respectively, 78.84%, 86.87%. "Wide retail market share, profit margins, as the garment enterprises, Giuseppe will not give up the retail market. "Sun Wei hit the nail on the head," but initiative at the scene admitted that he does not do retail, Chairman, far beyond our expectations. Core figures do not understand, the company's retail business I'm afraid there is a breakthrough in the future. "Sun Wei pointed out that to the securities;"Retail Chairman repeatedly emphasized at the scene did not want to do, but the company in 2011, increase investment in a retail business. Lips say don't do retail, but the action is stepped up the pace, is what we are most worried about things. "Aware of the securities, in 2011, Giuseppe JZZ began to promote a new brand, opened several new JZZ shirt store. Followed is, the company pinSelling costs were high, serious backlog of inventory, returns in serious condition, retail business, "stumbling". Millions of advertising "dashuipiao" it is interesting, in the company's Roadshow, Parties noted a problem why characteristics of the company's financial and retail, sales costs at a rate so high? Pool party fueled by answering just "joke": because of the high cost of salesThere are 13 sales centers, higher traveling expenses. The reporter later found the securities, the company sales cost "excessive" retail business expansion is the reasons behind failed. A set of comparative data on retail of Giuseppe "disorders". In 2011, Giuseppe advertising fee is RMB 16.5104 million, while the same to wear to the relates to 379.330,000 yuan. Wear brand, Kano Technologies 2011 wear income reached RMB 898.6364 million, Giuseppe 510.5725 million, and Kano Technologies wear business for mass customization and Giuseppe, accounted for 85% of a clothing business income, therefore can be used with Giuseppe directly comparable. Advertising costs to total operating income ratio, JoeTreatment of white 2.8%, Kano Technologies is only 0.36%. Kano Technologies less amount of advertising investment, entirely on large numbers of sales personnel input, wear custom business far more than other competitors. Giuseppe why advertising fees so high? The securities note, Giuseppe print ads published a large number of downstream clients such as banks, airlines, telecommunications industry complexOn the log, while CCTV, Dragon TV covers a wide range of media, such as television advertising. Put industry magazine advertisement primarily directed against wear customers, and CCTV and TV advertising is mainly concentrated in the Economics program, target customers for financial classes also wear the customer. "Giuseppe want to promote the practice of wear to radiation to retail brand, regardless of poor businessSpecific, destined to little effect. "A well-known corporate brand consulting in Nanjing journalists with respect to the securities. Franchisee high return rate of the securities note, return rate of Giuseppe retail franchise in 2009 and 2010 and 31.73% respectively. And the company's return policy is: after a period of not more than 20% return�� De facto control of rate of return is much higher than its rate of return policy, actual sales of franchisees is not optimistic. High rate of return is also directly reflected on the financial statements of George White. 2009, 2010, 2011, companies identified 5.2125 million Yuan, 4.9785 million Yuan and worth of projected liabilities. Giuseppe admits, "Company's projected liabilities mainly for calendar year according to reasonable estimates of retail men's return after the franchise period. "In all garments listed businesses, continued to maintain a large projected liabilities (return) of the company only. But proportionally, 2011 Giuseppe inventory provision's share of merchandise in stock the original value was 18.4%, compared with 8.28% in Saint Angelo."Clearly, Giuseppe is because real confirmation for reasons of domestic returns. "Sun Wei said. 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