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80% Listed CO. Win Profits

80% Listed CO. Win Profits

Write: Inger [2011-05-20]

80% Listed CO. Win Profits

The newly-released statistics for the Xinjiang stock in the 3rd quarter show that, over 80% Xinjiang listed companies got profits. Xinjiang's stocks catch the eye of the stock holders.

According to the statistics, 29 of the 34 listed companies in Xinjiang have got profit. Tianli New and High-tech Co., Ltd., Xinjiang Tianye, Bayi Iron and Steel got over 1000% of profit. While there were only 8 listed companies winning over 100% profit a year ago.

ZHANG YUEQI, OFFICIAL XINJIANG FINANCIAL OFFICE:

"The raised capital of the listed firms in Xinjiang reached 50.8 billion Yuan these years. The capital has been invested in the advantageous projects. This not only lays a foundation for the development of the firms, but also is conducive to the economic development and advantageous resources transformation of Xinjiang."

Now Xinjiang has over 80 companies in the register and custody center preparing for entering the stock market.

Source:XJTV