China Stationery Limited (China Stationery) is a holding company. China Stationery is an integrated plastic stationary company with its own brands of plastic stationary products. Its products are sold under its own brands, such as SAKURA, NACHI and FOLDERSYS. The Company designs, manufactures and sells an assortment of approximately 450 plastic filings and storage products, such as expandable files, pocket files with sheet protectors, compact disc holder files, business card holders and albums. Its plastic tape printer is used by small and medium enterprises (SMEs) in China and globally to print customized adhesive tape labels used to seal corrugated or packaging boxes. It also undertakes original equipment manufacturer (OEM) manufacturing for its customers. The Company’s subsidiaries include Sunwealth Group Limited, Campus Developments Limited, Ruiyuan (Fujian) Enterprise Co., Ltd, Sakura (Fujian) Plastic Entertainment Co., Ltd and Sakura (Fujian) Packaging & Stationery Co., Ltd.
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Alexofb2bInvestors are looking to today’s U.S. payrolls report as they speculate over the timeline for Federal Reserve interest-rate increases after faster-than-estimated economic and wage growth. The International Swaps & Derivatives Association will meet at 11 a.m. New York time to determine whether credit-default swaps linked to Argentina have been triggered by a failure-to-pay credit event. A final reading of European factory output for July came in lower than economists had anticipated, while Chinese manufacturing expanded.
“As U.S. figures are so good recently, the possibility for an early interest rate rise is getting higher,” said Richard Fu, director of Asian commodity trading at Newedge Group SA in London. “The figures from the U.S. and China are good but the U.S. stock market has risen so much for so long and profit-taking pressure is mounting.”