The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, fell 8.49, or 0.3 percent, to 2,975.04 at the 3 p.m. close. The CSI 300 Index (SHSZ300) gained 0.1 percent to 3,378.66. Stock symbols are in parentheses after company names.
Maanshan Iron & Steel Co. (600808) (600808 CH), China’s fourth- largest listed steelmaker, dropped 1.5 percent to 3.83 yuan, after third-quarter profit fell 99.6 percent because demand slowed and high prices of raw materials eroded margins.
Shanxi Coal International Energy Group Co. (600546) (600546 CH), a coal producer, jumped by the 10 percent daily limit to 38.36 yuan after third-quarter net income rose 16 percent from a year earlier to 200.9 million yuan.
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