The following companies may have significant price changes in Hong Kong trading. Stock symbols are in parentheses. Share prices are as of the last close.
Amax Holdings Ltd. (959 HK): The Macau gambling-junket operator said it expects to rebound to a profit for the six months ended Sept. 30 from a loss a year earlier. The stock gained 0.7 percent to 13.8 Hong Kong cents.
China Petroleum & Chemical Corp. (386 HK): The refiner, also known as Sinopec, may be the most likely buyer of liquefied natural gas from Origin Energy Ltd. and ConocoPhillips’s A$35 billion ($34 billion) Australia Pacific Queensland project, the Australian Financial Review reported in its Street Talk column, without citing anyone. The stock gained 1.7 percent to HK$7.37.
Huadian Power International Co. (1071 HK): The power producer said 600 million of its shares that were locked up will become tradeable on Dec. 1, according to a company statement to the Shanghai Stock Exchange. The stock declined 0.6 percent to HK$1.63.
Industrial & Commercial Bank of China Ltd. (1398 HK): The nation’s largest lender said the China Securities Regulatory Commission approved its rights offer of 11.26 billion A shares at 2.99 yuan each, and the new stock will start trading Nov. 30. The lender rose 1.2 percent to HK$6.03.
PetroChina Co. (857 HK): China’s biggest oil and gas producer said it will pay 392.3 million yuan ($59 million) for a 4.36 percent stake in a fuel oil company, making it its complete subsidiary. PetroChina rose 0.3 percent to HK$9.52.
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