The following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses and share prices are from the previous close, unless noted otherwise.
Geely Automobile Holdings Ltd. (175) (175 HK): The automaker’s sales volume in February rose 11 percent to 31,806 units from a year earlier, according to a statement to the Hong Kong stock exchange. Geely fell 1.2 percent to HK$3.31.
Integrated Micro-Electronics Inc. (IMI) : Arthur Tan, president at the provider of electronic manufacturing services, acquired 50,000 shares of the company, a stock-exchange filing showed. The stock fell 0.9 percent to 6.44 pesos.
Rizal Commercial Banking Corp. (RCB) : The bank may sell shares worth 4.4 billion pesos to an investor as early as May, President Lorenzo Tan said. The bank is raising funds for expansion and to boost capital, he said. The stock rose 3.2 percent to 27.50 pesos.
Woori Finance Holdings Co. (053000 KS): South Korea’s third-largest financial company by market value agreed to take over the assets of Samhwa Mutual Savings Bank as the company seeks to diversify its customer base. Seoul-based Woori will spend about 100 billion won ($90 million) as equity capital to create a savings bank unit and acquire some Samhwa Mutual assets from state-run Korea Deposit Insurance Corp., Woori’s managing director Jung Ki Hwa said by telephone in Seoul. Woori rose 3.5 percent to 14,650 won.
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