China United Telecommunications Corporation Limited (600050) is a major domestic wireless communications operator. The company will benefit from a third-generation (3G) telecommunications industry reshuffle. Subscribers of the company’s GSM network have increased steadily, which will guarantee its revenue growth in the future. As the company's stock fluctuates and climbs, there are signs that investors directing capital at mid-term investment have been buying the stock.

China Coal Energy Company Limited (601898) has abundant coal reserves and advanced coal mining equipment and technology. Its three main businesses of coal production, coal chemistry and coal mining equipment saw rapid growth, and have also formed a relatively complete mining-production-processing industrial chain. Thanks to a coal and coke price hike, it will see steady growth in profit.

Taiyuan Chemical Industry Co. Ltd (600281) is one of the main coal-based chemical companies in China. The company is mainly engage in the research and production of methanol and derivatives. Its main products include ammonia, chlor-alkali and coke. The company plans to invest funds raised from private placement to finance its new chemical project, which in turn will increase its EPS.

Source: International Finance News

Date: 26 May 2008

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