Shares of the following companies had unusual moves in China trading. Stock symbols are in parentheses as of the close.
Chongqing Brewery Co. (600132) (600132 CH), a brewer that also develops vaccine, tumbled 8.1 percent to 27.55 yuan, the biggest decline since March 15. The company said in a statement the future of its hepatitis B vaccine research was“uncertain.”
CSR Corp. (601766) (601766 CH), the nation’s biggest train maker, jumped 6.8 percent to 4.84 yuan, its biggest advance since Jan. 17. CSR will supply high-speed trains to Hong Kong and delivery of the first train will start next year, the Xinhua News Agency reported yesterday. The trains will be used for the Guangzhou- Shenzhen-Hong Kong Express Rail Link, which is expected to start operations in 2015, it said.
Sichuan Changhong Electric Co. (600839) (600839 CH), China’s second- biggest television maker, added 1.7 percent to 2.40 yuan. Net income rose 39 percent from a year earlier in 2011, Changhong said in a statement.
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