DOCSLIB.ORG

Week in China

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Week in China 1 Talking Point 6 Week in 60 Seconds 7 China Ink Week in China 8 M&A 9 China Consumer 11 Auto Industry 13 Banking and Finance 14 Society and Culture 1 November 2013 18 And Finally Issue 214 19 The Back Page www.weekinchina.com Muddied debate m o c . n i e t s p e a t i n e b . w w w Reporter comes clean, but no on emerges spotless from the Chen Yongzhou affair Brought to you by Week in China Talking Point 1 November 2013 Chequebook journalism Scandal as reporter admits he was paid to fabricate Zoomlion articles Chen Yongzhou: the CCTV caption reads “I am willing to plead guilty, and repent” n “our judicial system” the pub - called the perp walk “outrageous” it was broadcast before formal Ilic can see the “alleged perpetra - and a “circus”, drawing analogies charges had even been lodged tors”, explained New York’s mayor with “Roman times”. But though his against him. Michael Bloomberg, after an angry remarks clarified his disapproval of In fact, the case looks like a French response to footage of for - the practice – Bloomberg had “flip- murky affair for almost all the par - mer IMF chief Dominique Strauss- flopped” from two months earlier, ties involved; Chen himself, his em - Kahn being paraded in handcuffs the Huffington Post thought – ployer and a number of other outside a New York police station. “I Bloomberg edged away from any re - newspapers, as well as the police, think it is humiliating,” Bloomberg sponsibility. The mayor told media the state broadcaster CCTV, and per - agreed. “But if you don’t want to do he had “no say” in the police de - haps even two of China’s largest the perp walk, don’t do the crime.” partment’s use of the practice. construction equipment makers. All It turned out Strauss-Kahn didn’t Pre-trial perp walks came to were drawn into the sordid row one P h o t o commit the crime in question, with mind in China too this week. This way or another. S o u r c a US judge dismissing his indict - came in the wake of news reporter e : I m a ment for sexual assault in 2011. Ac - Chen Yongzhou being treated to the What’s the background to the g i n e C cording to Reuters, the mayor then local equivalent: a televised confes - story? h i n a changed his tune. Mayor Bloomberg sion on national television. Notably Chen Yongzhou, a reporter at New 1 Week in China Talking Point 1 November 2013 Express Daily in Guangzhou, was called to a police station in Guangzhou last month about a theft that he had previously reported. He went with his wife. When they ar - rived, the couple were detained by officers from Hunan and driven to the provincial capital Changsha where Zoomlion, one of China’s largest manufacturers of construc - tion machinery, is headquartered. For almost a year Chen had been writing articles accusing Zoomlion of malpractice including siphoning off state assets and falsifying finan - cial information. In May he caused a major stir after claiming to have further information that the com - Zoomlion claimed Chen was a “black hand” and denied his claims pany was falsifying its accounts. Zoomlion’s shares were suspended the next day with another splash Sina Finance’s Xiang Xiaotian from trading as a result and lost under the headline “Again We Ask was one of those to laugh off the more than Rmb1.3 billion ($213 mil - For His Release”. charges, referring back to a recent lion) in market value, despite a re - “Uncle Policeman, Big Brother feature from the state broadcaster buttal of the allegations as “false, Zoomlion, we beg of you, please set that slammed overpriced coffee groundless and misleading”. Chen Yongzhou free!” it begged. (see last week’s issue). “Following In June Chen went a step further, It questioned too why Chen’s the same logic, I propose that Star - reporting alleged wrongdoings to case was being treated as a criminal bucks report CCTV to the Beijing stock market regulators, although affair and not a civil action. “We Public Security Bureau for similar the China Securities Regulatory have always believed that if we just reasons,” he scoffed. Commission said in a written reply go out and responsibly do our re - that it found no evidence of false porting, there won’t be any prob - There was suspicion of special sales or conflicting data. lems and if by chance there are treatment too? Gao Hui, the assistant to the problems, we can print corrections Another implication in the media Zoomlion chairman, fired back via and apologise,” the editorial stated. was that Zoomlion was calling in weibo that Chen was a “black hand”. “If things are really serious, we pre - favours from its state-owned share - Chen and the newspaper launched pare for the courtroom, and if we holders in the Hunan government, legal proceedings for defamation. lose we pay compensation as it’s who own about 16% of the company. In early September Changsha po - demanded. If we must close our The fact that police from Chang - lice received a formal complaint doors, well then, that’s only what sha had travelled hundreds of miles from Zoomlion about Chen’s activi - we deserve.” to make the arrest in Guangzhou ties. Shortly afterwards he was de - Other commentators queried was soon triggering speculation tained on criminal charges of how to quantify damage to a com - that they were acting at Zoomlion’s damaging the company’s commer - pany’s reputation in a case like behest, with Southern Metropolis cial reputation. Chen’s (the South China Morning Daily citing evidence from netizens Post said that Zoomlion’s share that the Mercedes-Benz sent to col - How did the media respond to the price rose nine times out of 12 on lect Chen belonged to the company. arrest? the Hong Kong exchange on days he The newspaper also speculated After holding off on the story in published an article about the com - openly about the involvement of hope that its reporter would be re - pany, for instance). Elsewhere, wags the local government from Hunan. P h o t o leased, New Express went public on suggested that CCTV could get into “Even more unsettling is if local au - S o u r Wednesday last week with a front- trouble on the same basis, because thorities act only to serve local eco - c e : R e page story under the headline of its reports investigating the busi - nomic interests. And likewise if u t e r s “Please Release Him”, following up ness practices of foreign firms. local authorities ignore legal limita - 2 Week in China Talking Point 1 November 2013 tions and preventative regulations to pursue cases and arrest sus - pects,” it warned. “Not only is this the ugly result of the failure to limit power, but it becomes a serious ex - ample of power doing evil.” Others agreed that the Changsha authorities may have overstepped the mark. “The police are there to uphold the law, not to protect the backyard of a few special companies and people,” Yu Jianrong, a re - searcher at the Chinese Academy of Social Sciences, wrote on his weibo . “Changsha police must not remain silent,” the Beijing News also urged. “Please show what evidence you have in the light of day. Please let Continues to be in fierce battle with rival Changsha firm Sany the law decide whether to detain him or free him, not who has more hankered after money and fame.” best way to kill a conversation is to power or the loudest voice.” That elicited the promised cap- have CCTV announce that he’s doffing from New Express. “Chen guilty,” Fu Hualing, a law professor Then the confession… Yongzhou, a reporter from this at the University of Hong Kong, told Before the media campaign could newspaper, took money to publish Sinosphere, a blog produced by the build up further steam there was a a quantity of false reports … and our New York Times. shocking revelation. Chen admitted paper didn’t carefully scrutinise the Chen’s shaming is the latest in a to fabricating the stories or putting articles. Furthermore, the inappro - spate of public parades, including his name to material given to him priate actions taken afterwards se - that of Xue Manzi, an outspoken by a third party. He was transformed verely damaged our credibility and venture capitalist with more than 12 from hero to villain overnight. we were taught a lesson.” million weibo followers, who was ar - This was acutely embarrassing rested for soliciting sex. Xue made for New Express because it had How about the reaction since Chen his televised apology in September, promised only three days earlier was exposed? also admitting to making “irre - that it had checked all of Chen’s re - Unsurprisingly Chen’s supporters sponsible” comments on the inter - ports and discovered only one rela - have gone quiet, although his down - net. Some see his treatment as part tively minor mistake. fall will have done little to dissuade of a campaign to cower “Big V” per - “If Brother Policeman can find any the media that the police are too ea - sonalities online (see WiC206). evidence of shabby reporting on our ger to criminalise civil disputes. Liang Hong, a vice president in part, please make notice of it and we Legal scholars have also voiced China for GlaxoSmithKline, was will gladly doff our cap,” it assured. concerns about state TV’s new will - also filmed confessing to bribery as But by Saturday morning CCTV ingness to air confessions from sus - part of an ongoing probe into graft was showing Chen handcuffed and pects before formal charges have in the pharmaceutical industry.
Load more

Recommended publications
  • TEACHERS' RETIREMENT SYSTEM of the STATE of ILLINOIS 2815 West Washington Street I P.O
    Teachers’ Retirement System of the State of Illinois Compliance Examination For the Year Ended June 30, 2020 Performed as Special Assistant Auditors for the Auditor General, State of Illinois Teachers’ Retirement System of the State of Illinois Compliance Examination For the Year Ended June 30, 2020 Table of Contents Schedule Page(s) System Officials 1 Management Assertion Letter 2 Compliance Report Summary 3 Independent Accountant’s Report on State Compliance, on Internal Control over Compliance, and on Supplementary Information for State Compliance Purposes 4 Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 8 Schedule of Findings Current Findings – State Compliance 10 Supplementary Information for State Compliance Purposes Fiscal Schedules and Analysis Schedule of Appropriations, Expenditures and Lapsed Balances 1 13 Comparative Schedules of Net Appropriations, Expenditures and Lapsed Balances 2 15 Comparative Schedule of Revenues and Expenses 3 17 Schedule of Administrative Expenses 4 18 Schedule of Changes in Property and Equipment 5 19 Schedule of Investment Portfolio 6 20 Schedule of Investment Manager and Custodian Fees 7 21 Analysis of Operations (Unaudited) Analysis of Operations (Functions and Planning) 30 Progress in Funding the System 34 Analysis of Significant Variations in Revenues and Expenses 36 Analysis of Significant Variations in Administrative Expenses 37 Analysis
    [Show full text]
  • ANNUAL REPORT 2020 Annual Report 147402 (Zoomlion Eng) 00
    中聯重科股份有限公司 ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD. ANNUAL REPORT 2020 Annual Report 147402 (Zoomlion Eng)_00. IFC (eng)_(210x285) \ 14/04/2021 \ X11 \ P. 1 Important notice • The Board of Directors and the Supervisory Board of the Company and its directors, supervisors and senior management warrant that there are no misrepresentation, misleading statements or material omissions in this report and they shall, individually and jointly, accept full responsibility for the truthfulness, accuracy and completeness of the contents of this report. • All directors attended the Board meeting at which this report was reviewed. Definition Unless the context otherwise requires, the following terms shall have the meanings set out below: “The Company” or “Zoomlion” refers to Zoomlion Heavy Industry Science and Technology Co., Ltd. “Listing Rules” or “Listing Rules of Hong Kong” refers to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited. 147402 (Zoomlion Eng)_00. IFC (eng)_(210x285) \ 14/04/2021 \ X11 \ P. 2 CONTENTS Company Profile 2 Chairman’s Statement 4 Principal Financial Data and Indicators 7 Report of the Board of Directors 10 Management Discussion and Analysis 24 Environmental, Social and Governance Report 34 Significant Events 63 Changes in Share Capital and Shareholders 66 Directors, Supervisors, Senior Management and Employees 71 Share Option Scheme 82 Corporate Governance 86 Independent Auditor’s Report 101 Financial Statements prepared in accordance with International Financial Reporting Standards and Notes 109 147402 (Zoomlion Eng)_01. Company Profile_(210x285) \ 13/04/2021 \ X11 \ P. 2 Company Profile I. Company Information Company name (in Chinese): 中聯重科股份有限公司 Chinese abbreviation: 中聯重科 Company name (in English): Zoomlion Heavy Industry Science And Technology Co., Ltd.* English abbreviation: Zoomlion Legal representative of the Company: Zhan Chunxin Secretary of the Board of Directors/Company Secretary: Yang Duzhi Representative of securities affairs: Xu Yanlai Contact address: No.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 01 October 2020 FTSE Value Stocks China A Share Indicative Index Weight Data as at Closing on 30 September 2020 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) Agricultural Bank of China (A) 4.01 CHINA Fuyao Glass Group Industries (A) 1.43 CHINA Seazen Holdings (A) 0.81 CHINA Aisino Corporation (A) 0.52 CHINA Gemdale (A) 1.37 CHINA Shanghai Fosun Pharmaceutical Group (A) 1.63 CHINA Anhui Conch Cement (A) 3.15 CHINA GoerTek (A) 2.12 CHINA Shenwan Hongyuan Group (A) 1.11 CHINA AVIC Investment Holdings (A) 0.61 CHINA Gree Electric Appliances Inc of Zhuhai (A) 7.48 CHINA Shenzhen Overseas Chinese Town Holdings 0.66 CHINA Bank of China (A) 2.23 CHINA Guangdong Haid Group (A) 1.24 CHINA (A) Bank Of Nanjing (A) 1.32 CHINA Guotai Junan Securities (A) 1.99 CHINA Sichuan Chuantou Energy (A) 0.71 CHINA Bank of Ningbo (A) 2 CHINA Hangzhou Hikvision Digital Technology (A) 3.56 CHINA Tbea (A) 0.86 CHINA Beijing Dabeinong Technology Group (A) 0.56 CHINA Henan Shuanghui Investment & Development 1.49 CHINA Tonghua Dongbao Medicines(A) 0.59 CHINA China Construction Bank (A) 1.83 CHINA (A) Weichai Power (A) 2.09 CHINA China Life Insurance (A) 2.14 CHINA Hengtong Optic-Electric (A) 0.59 CHINA Wuliangye Yibin (A) 9.84 CHINA China Merchants Shekou Industrial Zone 1.03 CHINA Industrial and Commercial Bank of China (A) 3.5 CHINA XCMG Construction Machinery (A) 0.73 CHINA Holdings (A) Inner Mongolia Yili Industrial(A) 6.32 CHINA Xinjiang Goldwind Science&Technology (A) 0.74
    [Show full text]
  • Signature Redacted I MIT Sino in School of Management May 6, 2016
    Individual Investors, Social Media and Chinese Stock Market: a Correlation Study By Yonghui Wu B.E., Shanghai Jiao Tong University, 2007 M.E., Shanghai Jiao Tong University, 2010 SUBMITTED TO THE MIT SLOAN SCHOOL OF MANAGEMENT IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF SCIENCE IN MANAGEMENT STUDIES MASSACHUSETTS INSTITUTE OF TECHNOLOGY AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY JUN 082016 JUNE 2016 LIBRARIES @2016 Yonghui Wu. All rights reserved. ARCHIVES The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic copies of this thesis document in whole or in part in any medium now known or hereafter created. Signature of Author: Signature redacted I MIT Sino in School of Management May 6, 2016 Certified by: Signature redacted Erik Brynjolfsson Schussel Family Professor Thesis Supervisor Signature redacted____ Accepted by: Rodrigo S. Verdi Associate Professor of Accounting Program Director, M.S. in Management Studies Program MIT Sloan School of Management Individual Investors, Social Media and Chinese Stock Market: a Correlation Study By Yonghui Wu Submitted to MIT Sloan School of Management on May 6, 2016 in Partial fulfillment of the requirements for the Degree of Master of Science in Management Studies. ABSTRACT Chinese stock market is a unique financial market where heavy involvement of individual investors exists. This article explores how the sentiment expressed on social media is correlated with the stock market in China. Textual analysis for posts from one of the most popular social media in China is conducted based on Hownet and NTUSD, two most commonly used sentiment Chinese dictionaries.
    [Show full text]
  • China's Logistics Capabilities for Expeditionary Operations
    China’s Logistics Capabilities for Expeditionary Operations The modular transfer system between a Type 054A frigate and a COSCO container ship during China’s first military-civil UNREP. Source: “重大突破！民船为海军水面舰艇实施干货补给 [Breakthrough! Civil Ships Implement Dry Cargo Supply for Naval Surface Ships],” Guancha, November 15, 2019 Primary author: Chad Peltier Supporting analysts: Tate Nurkin and Sean O’Connor Disclaimer: This research report was prepared at the request of the U.S.-China Economic and Security Review Commission to support its deliberations. Posting of the report to the Commission's website is intended to promote greater public understanding of the issues addressed by the Commission in its ongoing assessment of U.S.-China economic relations and their implications for U.S. security, as mandated by Public Law 106-398 and Public Law 113-291. However, it does not necessarily imply an endorsement by the Commission or any individual Commissioner of the views or conclusions expressed in this commissioned research report. 1 Contents Abbreviations .......................................................................................................................................................... 3 Executive Summary ............................................................................................................................................... 4 Methodology, Scope, and Study Limitations ........................................................................................................ 6 1. China’s Expeditionary Operations
    [Show full text]
  • 2020 Interim Results Presentation
    China Vanke Co., Ltd. 2020 Interim Results Presentation August 2020 Interim Results Summary Financial Overview Business Overview Key Priorities in 2020 H2 Interim Results Summary 2020 Interim Results Presentation 03/33 Results Summary ⚫ Net profit attributable to equity ⚫ Cash and cash ⚫ Contract sales amount ⚫ Revenue ⚫ Net gearing ratio shareholder of the Company equivalents RMB320.48 RMB146.35 RMB12.51 RMB194.29 27.0% billion billion billion billion +16.9% from the Remained at 5.1% 5.6% beginning of the year industry low level ⚫ Cash to interest-bearing ⚫ Contract amount of project ⚫ Property services ⚫ Occupancy rate of rental liabilities due within one year ⚫ Fortune Global 500 ratio sold but not yet booked revenue housing RMB695.33 RMB6.7 93.7% of mature 2.0 208th billion billion projects +3.7 percentage points from Enhanced coverage +14.2% from the beginning of the year 26.8% the beginning of the year 46 Interim Results Summary 2020 Interim Results Presentation 04/33 Business gradually recovers under the pandemic ⚫ Property development : Improved capacity for individual projects, 5 projects were shortlisted for China’s Top 50 Bestsellers; ⚫ Property services: Vanke Service incorporated the development of “urban management services” into its development strategy on the basis of “simultaneous development of the residential and commercial services”; the urban management services coverage has expanded to 7 cities; ⚫ Long-term rental housing : Occupancy rate gradually returned to the level before the pandemic; occupancy rate of mature projects increased by 3.7 percentage points ; ⚫ Retail property development and operation : The customer flow and revenue gradually recovered; area in operation up by 11% during the first half of the year; ⚫ Logistics and warehousing : Occupancy rate of stabilized high-standard warehouse projects rose back to 89%.
    [Show full text]
  • Corporate Social Responsibility White Paper
    2020 CEIBS CORPORATE SOCIAL RESPONSIBILITY WHITE PAPER FOREWORD The Covid-19 pandemic has brought mounting research teams, as well as alumni associations and com- uncertainties and complexities to the world economy. Our panies. The professors obtained the research presented globalized society faces the challenge of bringing the in the paper through the employment of detailed CSR virus under control while minimizing its impact on the parameters focused on business leaders, employee economy. Economic difficulties substantially heighten the behavior and their relationship to the external environ- urgency for a more equitable and sustainable society. ment. This granular and nuanced form of research is a powerful tool for guiding the healthy development of CSR. At the same time, there is an ever-pressing need to enrich and expand the CSR framework in the context of The five CEIBS alumni companies featured in the social and economic development. CEIBS has incorporat- white paper offer exceptional examples of aligning busi- ed CSR programs into teaching, research, and student/ ness practices with social needs. Their learning-based alumni activities since its inception. The international busi- future-proof business innovations are a powerful demon- ness school jointly founded by the Chinese government stration of how best to bring CSR to the forefront of busi- and the European Union has accelerated knowledge ness activities. These five firms all received the CSR creation and dissemination during the pandemic to sup- Award in April 2019 at the second CEIBS Alumni Corpo- port economic stability and business development. The rate Social Responsibility Award, organized by the CEIBS institution has also served as a key communication chan- Alumni Association.
    [Show full text]
  • China Oil & Gas Sector
    12 January 2017 Asia Pacific/Hong Kong Equity Research Energy China Oil & Gas Sector Research Analysts SECTOR FORECAST Horace Tse 852 2101 7379 [email protected] 2017: A year of second-phase recovery Jessie Xu 852 2101 7650 [email protected] Figure 1: Chinese Oils typically see expansion of multiples during upcycle (Rebased to 100) EV/EBITDA (x) 300 6.5 6.0 250 Oil price trend - 2016-17 vs 2009-11 5.5 +1STD: 5.3x 5.0 200 4.5 Avg: 4.2x 4.0 150 3.5 3.0 -1STD: 3.2x 100 2.5 CNOOC 2.0 50 1.5 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-16 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jul-16 Jan-17 Jul-17 Source: the BLOOMBERG PROFESSIONAL™ service, company data, Credit Suisse estimates ■ Accelerated oil market rebalancing post OPEC deal. We believe the OPEC cut effective from January, coupled with robust 1.5mb/d global oil demand growth, should induce 400mbs of inventory drawdown in 2017 and accelerate the global oil market rebalance. CS forecasts US$56/bbl Brent in 2017, with upside risk if OPEC adheres to the 32.5mb/d low-end output cut. Since the announcement of the OPEC deal, oil prices were up 22% and global peers have rallied 12%, but Chinese Oils, particularly CNOOC, have lagged. We expect a reversal of the underperformance trend. ■ Multiple catalysts ahead. (1) We think the market is too bearish on CNOOC’s production/reserves and its upcoming 2017 Strategy Preview could surprise on the upside.
    [Show full text]
  • China 2025 16
    China | Equity Strategy China 14 December 2014 EQUITY RESEARCH China The Year of the Ram: Stars Aligned for a Historic Bull Run Key Takeaway The Ram, the Bull and the Heavenly Twins – the stars are now aligned for China’s historic bull-run. China's stock market offers massive untapped potential given the high savings rate and low penetration. “Keeping Growth Steady” is a top priority for 2015; we expect SHCOMP and HSCEI to test 4,050 and 15,420, up 38% and 37% from current levels. As confidence gains momentum, volatility becomes the investors’ best friend. CHINA China Gallops into a Historic Bull Run. On Nov 20, 2013, we wrote “The Year of the Horse will see China unleash its full potential, as President Xi ushers in a new era of profound change.” “We expect capital markets to gradually gain confidence in China’s ability to drive fundamental reforms and expect Chinese stocks to enter a historic multi-year bull run.” Indeed, 2014 has been a remarkable year. As of Dec.12, SHCOMP surged 39% to 2938, breaking a seven-year bearish trend to become the best performing index in the world. China Stock Market: Massive Untapped Potential. According to China Household Finance Survey, property accounted for 66.4% of total Chinese household assets in 2013. Financial assets accounted for a mere 10.1% of household wealth. While over 61% of Chinese families have bank deposits, only 6.5% of them invested in the stock market. Given China’s high savings rate and low stock market penetration, we believe the A-share market offers significant upside potential.
    [Show full text]
  • List of Action Films of the 2010S - Wikipedia, the Free Encyclopedia
    List of action films of the 2010s - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/List_of_action_films_of_the_2010s List of action films of the 2010s From Wikipedia, the free encyclopedia This is an incomplete list, which may never be able to satisfy particular standards for completeness. You can help by expanding it (//en.wikipedia.org /w/index.php?title=List_of_action_films_of_the_2010s&action=edit) with reliably sourced entries. This is chronological list of action films originally released in the 2010s. Often there may be considerable overlap particularly between action and other genres (including, horror, comedy, and science fiction films); the list should attempt to document films which are more closely related to action, even if it bends genres. Title Director Cast Country Sub-Genre/Notes 2010 13 Assassins Takashi Miike Koji Yakusho, Takayuki Yamada, Yusuke Iseya Martial Arts[1] 14 Blades Daniel Lee Donnie Yen, Vicky Zhao, Wu Chun Martial Arts[2] The A-Team Joe Carnahan Liam Neeson, Bradley Cooper, Quinton Jackson [3] Alien vs Ninja Seiji Chiba Masanori Mimoto, Mika Hijii, Shuji Kashiwabara [4][5] Bad Blood Dennis Law Simon Yam, Bernice Liu, Andy On [6] Sorapong Chatree, Supaksorn Chaimongkol, Kiattisak Bangkok Knockout Panna Rittikrai, Morakot Kaewthanee [7] Udomnak Blades of Blood Lee Joon-ik Cha Seung-won, Hwang Jung-min, Baek Sung-hyun [8] The Book of Eli Albert Hughes, Allen Hughes Denzel Washington, Gary Oldman, Mila Kunis [9] The Bounty Hunter Andy Tennant Jennifer Aniston, Gerard Butler, Giovanni Perez Action comedy[10] The Butcher, the Chef and the Wuershan Masanobu Ando, Kitty Zhang, You Benchang [11] Swordsman Centurion Neil Marshall Michael Fassbender, Olga Kurylenko, Dominic West [12] City Under Siege Benny Chan [13] The Crazies Breck Eisner Timothy Olyphant, Radha Mitchell, Danielle Panabaker Action thriller[14] Date Night Shawn Levy Steve Carell, Tina Fey, Mark Wahlberg Action comedy[15] The Expendables Sylvester Stallone Sylvester Stallone, Jason Statham, Jet Li [16] Faster George Tillman, Jr.
    [Show full text]
  • Summary of 2019 Interim Report of Ping an Bank Co., Ltd
    Security Code: 000001 Security name: Ping An Bank Notice No.: 2019-037 Code of preference shares: 140002 Short name of preference shares: PYY01 Code of convertible bonds: 127010 Short name of convertible bonds: PYZZ Summary of 2019 Interim Report of Ping An Bank Co., Ltd. I. Important notes 1. This summary of interim report is extracted from the full text of the interim report. Investors are advised to carefully read the complete interim report at the news media designated by the CSRC to have a comprehensive understanding of the business performance, financial position and future development plan of Ping An Bank Co., Ltd. (Hereinafter “Ping An Bank” or “the Bank”). 2. The board of directors (hereinafter referred to as the “Board”), the supervisory committee, the directors, the supervisors and senior management of the Bank guarantee the authenticity, accuracy and completeness of the contents of the Interim Report, in which there are no false representations, misleading statements or material omissions, and are severally and jointly liable for its contents. 3. The 26th meeting of the 10th session of the Board of the Bank deliberated the 2019 Interim Report together with its summary. The meeting required 13 directors to attend, and 13 directors attended the meeting. This Interim Report was approved unanimously at the meeting. 4. The 2019 Interim Financial Report prepared by the Bank was unaudited, but it has been reviewed by PricewaterhouseCoopers Zhong Tian LLP. Notification of non-standard audit opinions □Applicable √ Not applicable 5. Xie Yonglin (the Bank’s Chairman), Hu Yuefei (the President), Xiang Youzhi (the CFO）and Zhu Peiqing (the head of the Accounting Department) guarantee the authenticity, accuracy and completeness of the financial report contained in the 2019 Interim Report.
    [Show full text]
  • 中国电影周展播候选片目- List of Film
    中国电影周展播候选片目 List of film 1. 十二生肖 12 Chinese Zodiac 2. 大武当之天地密码 Wu Dang 3. 被偷走的那五年 The Stolen Years 4. 太极 1 从零开始 Tai Chi 1 : Zero 5. 太极 2 Tai Chi 2: Hero 6. 画皮 2：Painted Skin 2 7. 全民目击 Silent Witness 1、《十二生肖》12 Chinese Zodiac 导演 Directed by 成龙 Jackie Chan 编剧 Screenplay by 成龙 /唐季礼 /邓景生 /陈勋奇 Jackie Chan, Stanly Tong, Edward Tang, Frankie Chan 剧情介绍 STORYLINE 当年英法联军火烧圆明园，致使大批珍贵文物流落海外，其中四尊十二生肖 兽首最引人关注，不仅惹出国内外的广泛争论，更有收藏家开出天价竞拍这几尊 珍品。当然，其间不乏奸邪的文物贩子，试图通过偷盗的手段获取宝贝。以此为 契机，正在度假的国际大盗 JC（成龙 饰）隆重登场。JC 背后有一支 Simon（权 相宇 饰）、David（廖凡 饰）、Bonnie（张蓝心 饰）等人共同组成的超专业团 队，他们一同远赴巴黎，寻求国宝鉴定专家 Coco（姚星彤 饰）的帮助。经过周 密细致的准备，JC 等人一步步逼近重兵把守的兽首，而围绕珍宝不可避免爆发 连番惊险火爆的打斗与追逐。 在这一过程中，JC 似曾被利益和金钱泯灭的爱国之心渐渐苏醒…… In 1860, the Old Summer Palace was looted and destroyed by British and French soldiers, and a large number of treasures were shipped overseas. Among them, four bronze heads of the animals of the Chinese zodiac have attracted the most attention and provoked widespread debate both at home and abroad. Some collectors have offered extremely high prices for them, while many vicious antiquity dealers try to steal the treasures. JC (starring Jackie Chan), an internationally renowned thief, comes to the stage. JC and his partners, Simon (starring Kwon Sang-woo), David (starring Liao Fan), and Bonnie (starring Zhang Lanxin), make a super professional team. They travel to Paris to seek the help of Coco (starring Helen Yao), an expert on evaluating treasures. With careful preparations, JC and his team get closer and closer to the heavily guarded bronze heads, and a series of thrilling fights break out.
    [Show full text]