The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close.
The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, gained 0.9 percent to 3,145.35. The CSI 300 Index added 1 percent to 3,379.17.
Automakers: China’s passenger car sales rose 63 percent in March as government stimulus policies helped boost demand for vehicles in the world’s biggest vehicle market. Sales of cars, multi-purpose vehicles and sport-utility vehicles rose to 1.26 million units, China Association of Automobile Manufacturers said. First-quarter sales jumped 76 percent to 3.52 million units, it said.
FAW Car Co. (000800 CH), which makes passenger cars in China with Volkswagen AG, added 1 percent to 21.60 yuan. SAIC Motor Corp. (600104 CH), China’s largest carmaker, was raised to “buy” from “reduce” at Nomura Holdings Inc. The stock rose 1.2 percent to 20.44 yuan.
Beijing Capital Tourism Co. (600258 CH): The travel operator based in China’s capital city said 2009 profit declined 14 percent to 159.7 million yuan ($23.4 million), according to an April 9 statement to the Shanghai stock exchange. The shares gained 3 percent to 22.68 yuan.
Gezhouba Co. (600068 CH), one of China’s largest civil engineering companies, said its 2009 profit climbed 63 percent from a year earlier to 1.3 billion yuan, according to an April 9 statement to the Shanghai stock exchange. The stock climbed 1.5 percent to 14.46 yuan.
Shanghai Electric Group Co. (601727 CH): The Chinese power equipment maker said its 2009 profit declined 4.6 percent from a year earlier to 2.5 million yuan, according to a statement to the city’s stock exchange. Shares rose 1 percent to 9.80 yuan.
Sichuan Chemical Co. (000155 CH): The fertilizer manufacturer said it likely swung into a loss of between 30 million yuan and 35 million yuan in the first quarter, compared with a profit of 66.3 million yuan in the year-earlier period, according to a statement to the Shenzhen stock exchange. The stock rose 0.8 percent to 8.81 yuan.
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