Dec 12, 2007 (M2 PRESSWIRE via COMTEX) -- The Street advanced in early trading Tuesday as expectations for an interest rate cut from the Feds and uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. Although economists are split over whether there will be a quarter-point cut or half-point cut, investors remained positive ahead of the Fed's rate-setting meeting on Tuesday. Looking into the Fuwei Films (Holdings) Co. Limited (FFHL) we notice that the US investors are watching the steady incline of the past week. At close on December 11, 2007 trading was up on average volume.
Our research resources have been aimed towards the US Large Caps and the various prospective companies there in. Fuwei Films (Holdings) Co. Limited was among those that we have been closely examining due to their recent news and trading patterns.
Fuwei Films (Holdings) Co. Limited (FFHL), a manufacturer and distributor of high-quality BOPET plastic film located in China, announced today December 12, 2007, the Annual Meeting of the Company's shareholders (the "Meeting") on Friday, December 21, 2007, in New York City. The Meeting will take place at the Marriott East Side Hotel, located at 525 Lexington Avenue, New York, New York, beginning at 9 a.m. EST. The close of business on October 30, 2007 has been fixed as the record date for the determination of shareholders entitled to vote at the Meeting.
Items on the agenda include the elections of new directors and ratification of independent accountants, and discussion of other business matters which may properly come before the meeting.
Fuwei Films conducts its business through its wholly owned subsidiary Shandong Fuwei Films Co., Ltd. Shandong Fuwei develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate). Fuwei's BOPET film is widely used to package food, medicine, cosmetics, tobacco and alcohol, as well as in the imaging, electronics, and magnetic products industries.
With the recent climax remodeling the market temporarily and taking investors on a roller-coaster ride, Streetinvesting.com will keep track of the performance and future news release of this company. Our research team will bring you any news or updates about Fuwei Films (Holdings) Co. Limited as they come into the public realm in the coming weeks and months.
To continue with the more in-depth analysis, please visit www.streetinvesting.com for a complimentary subscription to access this report and other related articles. Please note that membership does not require credit card information.
All material herein was prepared by Streetinvesting.com, (Street Investing) based upon information believed to be reliable. The information contained herein is not guaranteed by Streetinvesting.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Streetinvesting.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. lease consult a broker before purchasing or selling any securities viewed on or mentioned herein. Streetinvesting.com may receive compensation in cash or shares from independent third parties or from the companies mentioned.
Streetinvesting.com's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value.
Streetinvesting.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Streetinvesting.com undertakes no obligation to update such statements.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Market Data 
Markets 
AI
