Quarterly earnings growth augurs well for A-share firms

Improved earnings of companies listed on mainland bourses during the first quarter of the year augur well for the full-ye

ar financial results and are an indication of the vitality the Chinese economy, analysts said.

During the January to March period, aggregate profits of A-share compan

ies topped 1 trillion yuan ($147.6 billion) and grew 9.4 percent year-on-year, reversing a fu

ll-year decline of 1.9 percent last year, data from Shanghai-based information provider Wind Info showed.

Meanwhile, aggregate return on equity (ROE)-a major gauge of

profitability-stood at 9.8 percent, intact from the whole-year of 2018.

“Given that the downtrend in economic growth had largely eased by the end of the first quarter, the aggregate ROE of A-shar

e companies has probably hit the bottom,” said Xu Gao, chief economist at Everbright Securities Asset Management Co Ltd.

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The industrial park sits on nearly 26 hectares of land in

Ballard County and has been set up to use the carp acquired by the fish center. Twelve tracts of land inside the park are for sale.

On opening day, eight tracts were already claimed, with most of the investors coming from China.

Jiang Chenguang, an internet businessman from the Guangxi

Zhuang autonomous region, launched the United Fisheries Group to process carp into fish balls

and fish cakes for export to China. Two Rivers Foods will process smoked fish, and has already shipped a smoker to the site.

A business called Lakeside City has been formed to process carp into salted fish, while

Eco Fish, which already existed, has hired fishermen to catch carp, process them and recycle waste into fertilizer.

Zhu Hongwei, a hotel and catering businessman from Jiangsu province, decided on the day the indus

trial park opened to buy one tract of land for food processing. “I will decide how to process the fish later,” Zhu said.

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The national landmark has received thousands of visitors

from China and overseas since it opened in 1968. Leaders from more than 70 countries and over 600 delegations from 150 nations have visited it.

During the three days it reopened to the public before taking road traffic in December, the bridge had more than 200,000 visitors.

The 4,589-meter-long structure reopened after 27 months of repairs. As China’s first home-designed road and rail truss bridge, it has been p

raised and loved by many. A truss bridge is one whose load-bearing superstructure is composed of connected elements forming triangular units.

Liu Yong, 63, a retired teacher from Nanjing, said he was in elementary school when the bridge first op

ened. Without telling his parents and teachers, he and his classmates walked more than 10 kilometers to see it.

“It was the most magnificent structure I had ever seen. When our relatives visited Nanjing, we

took them to see the bridge instead of visiting other well-known places of interest,” Liu said.

Zhou Lei, who lives in a residential community near the bridge, said that when he was an elementary school student in Ya

ncheng, Jiangsu, his father promised him that he would take him to see the bridge if he had high scores in his final exam.

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As a professional writer, Chu has interviewed dozens of peop

 from across the country who moved to Dali. She and her husband, who help organize activities

such as gardening, hiking and cycling for newcomers, have a big circle of friends who have relocated to the city.

“People have different reasons for leaving, ranging from the need to take care of elderly pare

nts who have stayed in their hometowns, to taking their children back to big cities for better education,” she said.

People are also leaving because after two or three years without work, they need to find paid employment.

In recent years, thousands of people have moved to Dali from big cities. The exact number is not kno

wn, but a rough estimate from the local government shows that about 40,000 newcomers are living in the city.

Many people decided to leave their jobs and move to Dali from large cities such as Beijing, Shanghai and Guangzhou, capital of Guangdong pro

vince, due to work pressures and surging property prices, which have been hotly debated nationwide in recent years.

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The bank, a subsidiary of the South African Absa Group, sai

id the money was not part of its deposit, and the contents of the safe deposit box were only known to the owner, adding that it was working with the police in the investigation.

“The customer had concealed fake currency in his personal safe deposit box against the bank’s rules and regulations whic

h include restrictions of items which can be held in the safe deposit box,” Barclays Kenya said in a statement.

Kenya promotes wildlife heritage on new currency coins

The currency seizure comes as lawmakers in the country push for the implem

entation of a policy that removes strict banking laws mandating financial institutions to record transactions above $10,000.

Kenya’s apex bank chief Patrick Njoroge opposed the amendment sayi

ng it could derail the fight against corruption and money laundering in the country.

A case challenging the implementation of the amendments is due to be heard in Kenya’s High Court

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China has been working to increase the access speed

 and reduce costs of internet services, which will be good not only for consumers but also for industrial upgrading.

The country’s three telecom carriers — China Mobile Communications, China United Network Comm

unications Group and China Telecommunications Corp — announced steps to scrap domestic long-distan

ce and roaming charges from Oct 1, 2017, and cancel data roaming fees within the country starting July 1, 2018.

However, increasing speed and cutting charges doesn’t bring less

revenue for telecom operators. According to the Ministry of Industry and Information Technology, du

ring the first half of last year, revenues from the telecom business rose 4.1 percent year-on-year to 672 billion yuan.

Mobile internet traffic jumped 199.6 percent to 26.6 billion gigabytes. Among them, inter

net usage via phones soared 214.7 percent to 26.2 billion gigabytes, accounting for 98.3 percent of the total.

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The explosive growth of China’s middle class has generated

m in business opportunities, and other factors such as urbanization are having a positive effect on consumer spending.

It is very likely for the government to further open the Chinese economy to foreign investment. Although the external econ

mic situation is complex, China is moving quickly to push forward a draft law amendment that supports the co

ncept of pre-establishment national treatment, which will encourage fair competition between foreign and do

mestic businesses. Such measures will give foreign investors more opportunities to share China’s growth dividend.

China is at a critical point in its economic restructuring and rising up the value chain. If foreign companies leave the country at this crucial juncture, it will be di

fficult for them to re-adapt and re-enter the market after the economy reaches a new equilibrium.

Amid the economic restructuring, only foreign enterprises that remain calm and adapt to China’s development can survive and win their place in the market.

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patriarch, a lanky, hulking beast of 550 pounds,

patriarch, a lanky, hulking beast of 550 pounds,had been detained. As soon as we stepped in, he loped up tothe bars of his cage and set off a full-throated snarl, ears

 

flatagainst his skull and round eyes fixed on Babu. The soundwas so loud and fierce it seemed to shake the whole cathouse. My knees started quaking. I got close to

 

Father seemed to pause and steadyhimself. Only Babu was indifferent

to the outburst and to thesearing stare that bored into him like a drill. He had a testedtrust in iron bars. Mahisha started

pacing to and fro againstthe limits

of his cage.
Father turned to us. “What animal is this?” he bellowedabove Mahisha’s

snarling.
“It’s a tiger,” Ravi and I answered in unison, obedientlypointing out the blindingly obvious.

“Are tigers dangerous?””Yes, Father, tigers are dangerous.””Tigers are very dangerous,” Father shouted. “I want you

tounderstand that you are never – under any circumstances –to touch a tiger, to pet

a tiger, to put your hands through thebars of a cage, even to get close to a cage. Is that clear?

Nothing, thought Jon Snow, the same as me.

Halfway up the winding steps, he came upon Samwell Tarly, headed down. “Are you coming from the king?” Jon asked him.

“Maester Aemon sent me with a letter.”

“I see.” Some lords trusted their maesters to read their letters and convey the contents, but Stannis insisted on breaking the seals himself. “How did Stannis take it?”

“Not happily, by his face.” Sam dropped his voice to a whisper. “I am not supposed to speak of it.”

“Then don’t.” Jon wondered which of his father’s bannermen had refused King Stannis homage this time. He was quick enough to spread the word when Karhold

declared for him. 

How are you and

your longbow

getting on?”

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stealing a cobra. He was a snake charmerwhose

stealing a cobra. He was a snake charmerwhose own snake had died. Both were saved: the cobra froma life of servitude and bad music, and the man from apossible death bite. We had to deal on occasion with stonethrowers,

who found the animals too placid and wanted areaction. And we had the lady whose sari was caught by alion. She spun like a yo-yo, choosing mortal

embarrassmentover mortal end. The thing was, it wasn’t even an accident.
She had leaned over, thrust her hand in the cage and wavedthe end of her sari in the lion’s face, with what intent wenever figured out. She was not injured;

there were manyfascinated men who came to her assistance. Her flusteredexplanation to Father was, “Whoever heard of a lion eating acotton

sari? I thought lions were carnivores.” Our worsttroublemakers were the visitors who gave food to the animals.

Despite our vigilance, Dr. Atal, the zoo veterinarian, co

uld tellby the number of animals with digestive disturbances which hadbeen the busy days at the zoo. He called “tidbit-itis” the casesof enteritis or gastritis due to too many carbohydrates,especially sugar. Sometimes we wished

people had stuck tosweets. People have a notion that animals can eat anythingwithout the least consequence to their health. Not so. One ofour

sloth bears became seriously ill with severe hemorrhagicenteritis after being given fish that had gone putrid by , a manwho was convinced he was doing a good deed.

Jon’s cloak hung on a peg by the door, his sword belt on another. He donned them both and made his way to the armory. The rug where Ghost slept was

empty, he saw. Two guardsmen stood inside the doors, clad in black cloaks and iron halfhelms, spears in their hands. “Will m’lord be wanting a tail?” asked Garse.

“I think I can find the King’s Tower by myself.” Jon hated having guards trailing after him everywhere he went. It made him feel

 

like a mother

duck leadinga

procession

of ducklings.

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It is reported that the female teacher, Zhang Shuhong

BEIJING, Dec. 28 – Dec. 26, a picture of a female teacher kneeling on a lecture

stool to give lectures to students was forwarded in the circle of friends, and netizens praised the professionalism of the teacher’s adherence to the lecture

platform. It is reported that the female teacher, Zhang Shuhong, is an English teacher of the third experimental primary school in Ningling County. Because

of the soft tissue injury of her right foot, she can’t stand for long on the platform, but she also catches up with the children at the end of the day. She

is afraid of delaying the children’s class. So she decided to kneel down to give the children a lesson, and this kneeling is one month.

According to Dahe Daily News, it can be seen from the pictures that Ms. Zhang Shuhong was standing on the desk with one hand, explaining with one hand,

while kneeling on the bench. Zhang Shuhong said that her legs would soon be numb because she needed to kneel for a long time in class, but she did not

want to interrupt the enthusiasm of the children because she was very committed to the class, so she relied on her kneeling feet to alleviate her discomfort and maintain the continuity of the class.

It is reported that Zhang Shuhong, 42 years old, suffered from cervical spondylotic myelopathy in her early years. Although she had undergone

surgery, her lower body nerves were damaged, her legs were inconvenient to walk, and her feet twisted accidentally. Zhang Shuhong felt that she was in

the key period of the exam. So Zhang Shuhong felt that she could not drop the chain for the children. So she decided to stick to it until the children were sent

to the examination room. In this way, Zhang Shuhong did not miss a lesson. Even though she stood on the platform very hard, the students persuaded her

to go home and rest three or five times, she refused to, and she just

accompanied the children down this difficult journey. In the meantime, teachers and children because of understanding Zhang Shuhong’s difficulties,

as long as they see her up and down the stairs, they are fighting to help her. Every time before class, the students also scramble to get her books and bags. At noon, the students will help her to cook. In this regard, Zhang Shuhong

lesson. After the examination, the leader let her rest at home, but thinking that the students will soon face the final review, Zhang Shuhong was not at

ease, so she could not stay at home, and returned to school in less than a week.

In this regard, some netizens said that “this is a model for teachers, worthy of respect”; others said,

ihope this teacher will recover soon,

good people have good rewards,

her students can get good grades,

is the greatest reward for teachers.”

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