AgriBank, Daqin Railway, Shanghai Airport: China Equity Preview

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 2.10, or 0.1 percent, to 3,003.95. The CSI 300 Index rose 0.6 percent to 3,396.88.

Agricultural Bank of China Ltd. (601288 CH): The nation’s third-largest by assets said total assets exceeded 10 trillion yuan ($1.5 billion) at the end of August, according to a statement on its website. The stock was unchanged at 2.94 yuan.

Daqin Railway Co. (601006 CH): The coal transport service provider in northern China said nine-month net income may have risen more than 50 percent from 4.98 billion yuan in the same period last year. The shares lost 1.8 percent to 9.07 yuan.

Jiaozuo Wanfang Aluminum Manufacturing Co. (000612 CH): The manufacturer of aluminum products said third-quarter profit fell 51 percent from a year earlier to 54.5 million yuan. The stock dropped 0.8 percent to 25.02 yuan.

Sany Heavy Industry Co. (600031 CH): China’s biggest maker of machinery for handling concrete was cut to “neutral” from “buy” at Goldman Sachs Group Inc., which said the stock’s valuation now “appears full.” The stock jumped 6.1 percent to 41.05 yuan.

Shanghai International Airport Co. (600009 CH): The operator of Shanghai’s Pudong International Airport handled 3.7 million passengers last month, 36 percent more than a year earlier, and 276,300 metric tons of cargo, an 11 percent rise. The stock fell 1.6 percent to 14.51 yuan.

Yanzhou Coal Mining Co. (600188 CH): The listed unit of China’s fourth-biggest coal miner was cut to “neutral” from “outperform” at Credit Suisse Group AG, which said the share price already reflects a re-rating in the stock and “strong” coal prices. The stock added 1.7 percent to 29 yuan.

--Zhang Shidong, Dingmin Zhang. Editor: Glenn J. Kalinoski, Linus Chua

To contact Bloomberg News staff for this story: Zhang Shidong in Shanghai at +86-21-6104-3040 or

To contact the editor responsible for this story: Linus Chua at

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