Market Flash

The decision assumes significance because the government has been trying to monetise the assets of these sick public sector pharma companies since December 2016, but could not do so.

• strategic
• sale

Phillips Carbon Black’s Chairman Mr. Sanjiv Goenka recently unveiled the company’s new ‘Sushila Goenka Research and Development Centre’ in Palej, Gujarat.

• R&d
• R&D

According to a RIL press release, polymer demand in India is registering healthy growth aligned with robust economic growth planning, increased focus on agriculture and infrastructure.

• EBIT
• petrochemical

The signing ceremony was led by Hengda and Guofang. It is understood that the State Grid Hengda Intelligent Energy Services Company is a joint venture of the State Grid and Hengda Group, each holding 50% of the shares.

• real estate

According to the latest data from the World Steel Association, the crude steel output of 64 countries included in the World Iron and Steel Association statistics in January-June 2019 was 925 million tons, an increase of 4.9% year on year.

• steel
• output

The long-term trend of China's economy has not changed or is impossible to change. It is changing from high-speed growth to high-quality development.

• economy

Yesterday, coking coal main contract shocks upward. JM1909 closed at 1409 CNY/ton with 149,000 hands. Spot prices are temporarily stable, and the previous overshoot varieties have risen slightly.

• coal
• consumption

GII is the 12th Edition released this year. As a global benchmark, it can help policymakers better understand how to stimulate and measure innovation activities. In 2019, GII ranked 129 economies based on 80 indicators.

• GII

In the first half of the year, Huamei Group supplied 25.772 million tons of coal for Pingliang Power Plant, Chongxin Power Plant and other power plants in Gansu Province, and achieved more than half of the time task.

• coal

Data from the National Bureau of Statistics show that in the first half of this year, the per capita consumption expenditure of the whole country reached 10330 yuan, a nominal increase of 7.5% over the same period last year.

• consumption
• China

According to the financial data of industrial enterprises released by the National Bureau of Statistics on July 27, in the first half of 2019, the profit of iron and steel industry above the scale declined by 21.8% .

• iron
• steel

It is known that the price increase of raw coal and blended coal in Yulin large-scale mine is mainly due to the increase of downstream demand, and coal stockpiling is active in the coal yard near Yulin.

• coal
• price

It is reported that the functions of assets and social management and service in Niutoushan mining area will be handed over before September 26.

• coal
• mine

After nearly two years of port integration in Shandong Province, the dust has finally settled. On July 28, the Shandong Port Group's integration work was launched and the leading group meeting was announced.

• Shandong
• Port

After experiencing the pains of transformation, upgrading and structural adjustment, the generic pharmaceutical industry in China is entering a new stage of development.

• generic
• medicine

According to internal information, the newly established Pfizer Upjohn expired patent product line has been confirmed for sale. Pfizer is the first foreign-owned enterprise to set up its global management team in China.

• pharmaceutical
• patent

On July 23, L'Occitane released unaudited business data for three months up to 30 June 2019. During the reporting period, the net sales of Oshudan amounted to about 352.5 million euros.

• L'Occitane

KOTRA pointed out through the Jakarta Trade Museum report that the Indonesian e-commerce market has the characteristics of increased sales during the commemoration day promotional activities.

• cosmetics
• e-commerce
• market

This special rectification action will strictly regulate the daily operation of "milk bar" and verify the basic conditions of "milk bar" operation; supervise operators to strictly implement various business requirements.

• milk

In 2019, the construction and upgrading of 1000 basic convenient commercial outlets such as vegetable retail, convenience stores and breakfast is one of the key tasks of the municipal government and important people's livelihood facts.

• convenience store