portal
  Home About us Reports Charts News Custom Company Scan  
Report Charts News
*
Title Content
Economy&Goods
  Economy
  ConsumerGoods
  Food&Beverage
  Agriculture
Life Sciences
  Biotechnology
  Medical
  Pharmaceutical
Manufacturing
  Automotive
  Chemical
  Energy
  Machinery
  Material
  Metals & Minerals
Public Sector
  Environment
  Finance Service
  Infrastructure
  Logistics
  Real Estate
  Retailing
  Tourism
  Training
Technology And Media
  Electronics
  Internet
  Hardware
  Media
  Software
  Telecommunications

Tel: 0086-10-82600828
Fax: 0086-10-82601570
Email:


 Chinese Stock Movers: China Construction Bank, Tianjin FAW Xiali
 
CreateTime:2011-08-30     Source:bloomberg Editor:lile
Text Size:       
 

Shares of the following companies had unusual moves in China trading. Stock symbols are in parentheses and prices are as of the 3 p.m. close.

The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, fell 0.4 percent to 2,566.60. The CSI 300 Index (SHSZ300) dropped 0.4 percent to 2,841.74.

China Construction Bank Corp. (939) (601939 CH), the nation’s second-biggest bank by market value, advanced 0.9 percent to 4.54 yuan, the most since Aug. 25. Bank of America Corp. agreed to sell about half its stake in the Chinese lender to a group of investors. The companies are also discussing an expansion of strategic ties. The sale removed concern that the shares would be “dumped into the market,” said Danny Yan, a Hong Kong-based portfolio manager at Haitong International Asset Management, which oversees $600 million.

Tianjin FAW Xiali Automobile Co. (000927 CH) slid 1.8 percent to 8.23 yuan. The automaker said first-half net income fell 84 percent from the same period a year ago to 46 million yuan.

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

 


Related Reports
Global and China Mobile Payment Industry Report, 2019-2025
Global and China Financial Leasing Industry Report, 2019-2025
China Third-Party Payment Industry Report, 2019-2025
Global and China Financial POS Terminal Industry Report,2015-2018
China Financial Leasing Industry Report, 2015
2005-2021 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1