China plans to unveil resource tax reform plan this year

PetroChina Co. Ltd. (PTR) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. 1.1 The Board of Directors of PetroChina Company Limited (the “Company”), the Supervisory Committee and the Directors, Supervisors and Senior Management of the Company warrant that there are no material omissions from, or misrepresentation or misleading statements contained in this Quarterly Report, and jointly and severally accept full responsibility for the truthfulness, accuracy and completeness of the information contained in this Quarterly Report. 1.2 This First Quarterly Report of 2010 has been approved unanimously at the extraordinary meeting of the Board of Directors of the Company (the “Board”). All Directors warrant, and have no doubt as to, the truthfulness, accuracy and completeness of the contents of this Quarterly Report. 1.3 The financial statements of the Company and its subsidiaries (the “Group”) are prepared in accordance with China Accounting Standards (“CAS”) and International Financial Reporting Standards (“IFRS”). The financial statements set out in this Quarterly Report are unaudited.

CNOOC Ltd. (CEO) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. (Hong Kong, April 28, 2010) - CNOOC Limited (the “Company" or “CNOOC Ltd.”, NYSE: CEO, SEHK: 00883) is pleased to announce its results for the first quarter of 2010. During the period, the Company achieved a total net production of 67.3 million barrels of oil equivalent (BOE), representing an increase of 31.9% year-on-year (YOY). Total unaudited revenue surged 118.5% to RMB30.49 billion. In the first quarter of 2010, the Company produced 55.0 million barrels of crude oil and liquids, an increase of 30.4% YOY, and 71.6 billion cubic feet of natural gas, up 41.4% YOY. The production growth was mainly attributable to the production from projects that came on stream in 2008 and 2009 and the outstanding performance of existing oil and gas fields.

Melco Crown Entertainment Ltd. (MPEL) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. New York, April 28, 2010 — Melco Crown Entertainment Limited (NASDAQ: MPEL), a developer and owner of casino gaming and entertainment resort facilities focused on the Macau market, today reported its unaudited financial results for the first quarter ended March 31, 2010. For the first quarter of 2010, net revenue was US$567.6 million, representing an increase of approximately 162% from US$216.5 million for the comparable period ended March 31, 2009. The increase in net revenue resulted primarily from the opening of City of Dreams in June 2009.

Biostar Pharmaceuticals, Inc. (BSPM) files 8-K - Current report. XIANYANG, China, April 27, 2010 (Xinhua-PRNewswire-FirstCall) – Biostar Pharmaceuticals, Inc. (NASDAQ Global Market: BSPM) ("Biostar" or "the Company"), the Xianyang-based manufacturer of a leading over-the-counter Hepatitis B medicine, Xin Aoxing Oleanolic Acid Capsule ("Xin Aoxing"), and other pharmaceutical products, announced today it has received new advertising approval from Shaanxi State Food and Drug Administration (“SFDA”) for marketing Xin Aoxing Oleanolic Acid Capsules (“Xin Aoxing”). On April 22, 2010 the Shaanxi SFDA published on its website a notification stating that the marketing language used in connection with several pharmaceutical products sold in the province are not within approved parameters. Biostar Pharmaceuticals’ flagship Hepatitis B medicine Xin Aoxing was included in that notification which cited Xin Aoxing for non-compliance of pre-approved adverting content, use of patient images to denote product efficiency, and use of absolute language to suggest efficacy.

Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. First Quarter 2010: • Consolidated net sales were NT$92.19 billion, up 0.1% from NT$92.09 billion in 4Q09 and up 133.4% from NT$39.50 billion in 1Q09. • Gross margin was 47.9%, representing a 0.6 percentage point decrease compared with 4Q09, and a 29.0 percentage point increase compared with 1Q09. • Operating margin was 37.0%, 0.5 percentage point higher than 4Q09 and 33.9 percentage points higher than 1Q09. • The combined result from non-operating income and long-term investment was a gain of NT$1.18 billion, compared to a gain of NT$1.73 billion in 4Q09, and a loss of NT$0.46 billion in 1Q09. • Consolidated net income attributable to shareholders of the parent company was NT$33.66 billion, increasing 3.1% from 4Q09. Net profit margin was 36.5% and diluted EPS was NT$1.30.

Baidu Announces First Quarter 2010 Results. BEIJING, April 28 /PRNewswire-Asia/ -- Baidu, Inc. (Nasdaq:BIDU - News), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 2010(1). First Quarter 2010 Highlights: -- Total revenues in the first quarter of 2010 were RMB1.294 billion ($189.6 million), a 59.6% increase from the corresponding period in 2009. -- Operating profit in the first quarter of 2010 was RMB530.8 million ($77.8 million), a 167.4% increase from the corresponding period in 2009.

CNOOC Ltd. Achieved Production and Revenue Growth in the First Quarter. HONG KONG, April 28 /PRNewswire-Asia/ -- CNOOC Limited (the "Company" or "CNOOC Ltd.", NYSE: CEO, SEHK: 00883) is pleased to announce its results for the first quarter of 2010. During the period, the Company achieved a total net production of 67.3 million barrels of oil equivalent (BOE), representing an increase of 31.9% year-on-year (YOY). Total unaudited revenue surged 118.5% to RMB30.49 billion.

CDC Software Reports 14 Percent Increase in Application Sales and Recurring Revenue for the Quarter Ended March 31, 2010 Compared To Same Period Last Year. SHANGHAI & ATLANTA--(BUSINESS WIRE)--CDC Software Corporation (NASDAQ: CDCS), a hybrid enterprise software provider of on-premise and cloud deployments, today announced financial results for the quarter ended March 31, 2010. For the first quarter of 2010, Non-GAAP revenue(a) was $51.7 million and Non-GAAP net income(a) was $8.0 million, or $0.28 in Non-GAAP earnings per share(a), compared to Non-GAAP revenue of $50.4 million and Non-GAAP net income of $8.3 million, or $0.29 in Non-GAAP earnings per share in the first quarter of 2009. CDC Software’s balance sheet continued to be solid with cash on hand of $44.5 million at March 31, 2010.

Melco Crown Entertainment Announces First Quarter 2010 Earnings. NEW YORK, April 28, 2010 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq:MPEL - News), a developer and owner of casino gaming and entertainment resort facilities focused on the Macau market, today reported its unaudited financial results for the first quarter ended March 31, 2010.

Sinopec Corp. Announces 2010 First Quarter Results. BEIJING, April 28 /PRNewswire-Asia-FirstCall/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or "the Company") (CH: 600028; HKEX: 386; NYSE: SNP; LSE: SNP) today announced its unaudited results for the first three months ending 31 March 2010. Financial Highlights: -- In accordance with the PRC Accounting Standards for Business Enterprises ("ASBE"), the Company's turnover in the first three months of 2010 was RMB 438.209 billion, up 92.62% over the same period last year. Net profit attributable to equity shareholders and basic earnings per share were RMB 15.768 billion and RMB 0.182 respectively, both rising by 40.14% year-on-year.

Telestone Technologies Corporation Announces Initiative Regarding Sarbanes- Oxley Section 404 Compliance. BEIJING, April 28 /PRNewswire-Asia-FirstCall/ -- Telestone Technologies Corporation ("Telestone" or the "Company") (Nasdaq: TSTC), a leading developer and provider of wireless communication local access network solutions based in China, today announced that it engaged Deloitte Touche Tohmatsu CPA Ltd., Beijing Branch ("Deloitte Touche") to act as consultant to the Company for purposes of the Company's compliance with the financial reporting and control requirements of the Sarbanes-Oxley Act Section 404 ("SOX 404").