On 26 May 2008, pursuant to the mediation arrangement of the Supreme Court of the People’s Republic of China as implemented by the Higher People’s Court of Shandong Province, Yanzhou Coal has released the 200 million shares in Huaxia Bank Company Limited that were transferred to Run Hua Group Limited (“Run Hua Group”) to enable Run Hua Group to finance the settlement of the principal and interest of the entrusted loan owed by Lianda Group Limited to Yanzhou Coal. Yanzhou Coal announces that it recovered the principal and interest of the entrusted loan in the amount of RMB780 million on 30 May 2008.

Despite surging commodity prices and a weak dollar shares of China's largest aluminum and alumina maker, Aluminium Corp. of China or CHALCO, are down 16.57% year-to-date (YTD). The question is: what's wrong with Chalco? Chinavestor reached out to different analysts to find some clues. Here is Chalco's first quarter performance from a fundamental analyst's point of view.

Stock markets have been keeping a close eye on oil prices as a proxy for near term momentum. For today, as oil fell close to the $130 range before news on US oil inventories, the markets may take a breather. But for China, oil is a different story. Fears of rationing of diesel have been around as the summer season nears. The latest reports suggest that diesel rationing spread from coastal areas to big cities such as Shanghai, Ningbo, Beijing and Guangzhou. The question remains: are China's oil triumvirate capable of securing China's oil needs. On the investor corner, we give you tips how to benefirt from the current situtaion.

Shanda is the leading online game company in China. Its 4th Qtr earning in 2007 has surpassed analysts’ estimation. Its diversified online game lines, robust profitability of each line, and Come-Stay-Pay (CSP) revenue model contribute to its robust profit. Also, its “online game platform” strategy enables its game pipelines to be fulfilled in a timely manner. It is expected to remain such strong earning in the next period.

China's telecom industry restructuring got the green light on Saturday, May 24, 2008. This is the Chinese telecom landscape before and after. While the general idea of leveling the battleground for telecom players may sound well, the end result will be three seemingly similar, yet different companies. As an investor, you should look into details to get ahead of the game.

At the request of China Netcom Group Corporation (Hong Kong) Limited (the "Company"), trading in the shares of the Company on The Stock Exchange of Hong Kong Limited has been suspended from 12:26 p.m. on 23 May 2008 pending possible price-sensitive information to be announced.

Yanzhou Coal, China's third largest coal miner, is the best performing Chinese stock today. The stock is up excatly 15.0% year-to-date or even better, up 75% since March 26, 2008 as the following screenshot from Google finance testifies. You may say: "Wish I had known this stock just two months ago."

Yanzhou Coal Mining Company Limited (hereafter the “Company”) has entered into a sale and purchase agreement of coal with Huadian Power International Corporation Limited (hereafter “Huadian International”) for year 2008 (hereafter the “Agreement”). Pursuant to the Agreement, the quantity of coal sales by the Company to Huadian International for year 2008 amounts to a total of 7.3 million tonnes, representing an increase of 2.5 million tonnes or 52.1% as compared with the amount sold in year 2007. Such increase in the quantity of coal sales to Huadian International is mainly due to the increased coal consumption by Huadian International resulted from its increase in the number of power generators. The net price of coal under the Agreement is RMB470.15 per tonne, representing an increase of RMB129.12 per tonne or 37.9% as compared with the price per tonne supplied in 2007, given such change in quantity of coal sales under the Agreement.

China ADRs or U.S. listed shares of Chinese companies made a remarkable comeback after hitting all time lows YTD on March 20th. As the following chart demonstrates, Chinese stocks trading in Americn stock exchanges are down by almost 15% year to date (YTD) vs. the 28% negative return measured in late March. This makes it a 13% comeback in just two months, fueling investors optimism.

Subsequent to the confirmation from China Beijing Equity Exchange in relation to the Company’s successful bidding in the open tender process for the acquisition of the Target Equity Interests in six aluminum companies, the Acquisition Agreement was entered into by Aluminum Corporation of China (“Chinalco”) and China Nonferrous Metals Processing Technology Co., Ltd. (“China Nonferrous Metals”, both Chinalco and China Nonferrous Metals are referred to as the “Transferors”) and the Company (as “Transferee”) on 21 May 2008. China Nonferrous Metals is an indirect subsidiary of Chinalco and has, prior to the Acquisition Agreement, 13.01% equity interest in Henan Aluminum.

Technically speaking we are in a bear market. Asian shares fell on March 31, Monday, posting their worst quarterly performance in over five years. The Shanghai Composite, the widest barometer for mainland Chinese companies listed in China, lost 32.1% year-to-date (YTD). The China ADR Index, the index tracking the performance of U.S. listed Chinese stocks, is down 20.7% YTD followed closely by Hong Kong’s main index the Hang Seng which shed 15.5% YTD. In comparison the DJIA lost 6.4% YTD.