Oct. 15 (Bloomberg) -- The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close.
The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, gained 18.28, or 0.6 percent, to 2,879.64. The CSI 300 Index rose 0.2 percent to 3,224.14.
Developers: Property prices in 70 cities climbed 9.1 percent from a year earlier, the statistics bureau’s newspaper, China Information News, reported. That compares with a 9.3 percent increase in August and the median 8.8 percent estimate in a Bloomberg News survey of six economists.
China Vanke Co. (000002 CH), the nation’s biggest listed property developer, was unchanged at 9.40 yuan. Poly Real Estate Group Co. (600048 CH), the second largest, dropped 0.1 percent to 14.98 yuan.
Baoji Titanium Industry Co. (600456 CH): The company said nine-month net income may have declined more than 80 percent on narrowing profit margins and intensifying competition. The stock lost 1.3 percent to 28.92 yuan.
Beiqi Foton Motor Co. (600166 CH): China’s biggest commercial-vehicle maker said its nine-month sales increased 17 percent to 520,751 units. The shares declined 3.5 percent to 22.26 yuan.
China Railway Group Ltd. (601390 CH): The nation’s biggest construction company by total assets said it will issue 6 billion yuan ($902.1 million) of 10-year and 15-year bonds at an annual interest rate of 3.9 percent to 4.7, and 4.05 percent to 4.85 percent. The stock fell 0.7 percent to 4.54 yuan.
Chongqing Changan Automobile Co. (000625 CH): The Chinese partner of Ford Motor Co. and Mazda Motor Corp. said profit in the first nine months may rise by between 96 percent and 108 percent to about 1.65 billion yuan to 1.75 billion yuan. The shares fell 3.8 percent to 11.83 yuan.
Gemdale Corp. (600383 CH): The country’s fourth-largest developer by market value said it will pay 2.29 billion yuan for a building site in Shanghai. The stock dropped 3 percent to 7.11 yuan.
Jiangsu Yanghe Brewery Joint-Stock Co. (002304 CH): The liquor maker said it will increase some liquor prices by 5 percent on average from today. The shares slid 3.6 percent to 189 yuan.
PetroChina Co. (601857 CH): The nation’s biggest oil producer plans to buy 610 million cubic meters of liquefied natural gas to help meet winter demand, China News Service reported, citing Hou Chuangye, vice director of gas and pipeline unit of the company. The shares rose 2.9 percent to 11.34 yuan.
Sichuan New Hope Agribusiness Co. (000876 CH): The animal feed producer said its shareholder Chengdu Beautiful Home Real Estate sold 1.07 percent of its total stake between Aug. 27, 2007, and Oct. 14, 2010. Its stock plunged by the 10 percent daily limit to 17.88 yuan.
Wanxiang Qianchao Co. (000559 CH): The listed unit of China’s largest auto-parts maker expects net income in the third quarter to rise 8.6 percent to 35 percent from a year earlier to as much as 94.2 million yuan. The stock slid 7.2 percent to 14.10 yuan.
Yanzhou Coal Mining Co. (600188 CH): The nation’s fourth-largest coal producer said profit for the first nine months of the year is estimated to have doubled from the same period a year ago. The shares rose 4.3 percent to 26.65 yuan.
Yunnan Aluminium Co. (000807 CH): China’s fifth-largest producer of the light metal expects net income in the third quarter to fall by about 96 percent from a year earlier to about 2 million yuan. The shares surged by the daily 10 percent limit to 12.88 yuan.
Zhengzhou Yutong Bus Co. (600066 CH): China’s second-biggest busmaker said nine-month net income may rise more than 50 percent on increased sales. The stock slid 3.9 percent to 22.18 yuan.
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