China Stocks: CAMC Engineering, Maanshan Iron, Shanxi Coal
Stock Chart for China CAMC Engineering Co Ltd (002051)
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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