Dec. 2 (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, climbed 0.1 percent to 2,823.45. The CSI 300 Index was little changed at 3,136.02.
Coal producers and power companies: China ordered a freeze in 2011 contract prices for coal used by power stations to help electricity generators cover higher costs, Xinhua News Agency reported, citing Cao Changqing, head of pricing at the National Development and Reform Commission.
China Shenhua Energy Co. (601088 CH) fell 0.3 percent to 24.14 yuan. Yanzhou Coal Mining Co. (600188 CH) added 0.2 percent to 26.32 yuan.
Huaneng Power International Inc. (600011 CH), the listed unit of China’s largest power producer, rose 2.8 percent to 5.98 yuan.
China Railway Group Ltd. (601390 CH): The world’s second-largest publicly traded heavy construction company said in a Shanghai stock exchange statement that 11.95 billion of its A shares will become tradable on Dec. 6. The stock rose 0.9 percent to 4.29 yuan.
China Yangtze Power Co. (600900 CH): China’s biggest hydro dam operator said it plans to invest $168 million to buy a stake in OAO EuroSibEnergo as a “cornerstone” investor for the Russian utility’s planned initial public offering in Hong Kong. The stock rose 2.1 percent to 7.73 yuan.
PetroChina Co. (601857 CH): The biggest Chinese oil company may boost the annual natural gas production at its Changqing oilfield 5.5 percent to 20 billion cubic meters this year from a year earlier, the official Xinhua News Agency reported. The stock dropped 0.9 percent to 10.97 yuan.
Shanghai Electric Power Co. (600021 CH): The Shanghai-based power producer said one of its power plants jointly owned with Shenergy Co. in Shanghai started operating. The stock gained 1.5 percent to 4 yuan.
Guangzhou Pharmaceutical Co. (600332 CH): The drug maker’s Hong Kong-listed stock was rated “buy” in new coverage at Citigroup Inc., which cited increasing sales volumes of traditional Chinese medicines, an expansion of its sales channel and a renegotiation of the Wang Lao Ji brand leasing agreement. The Shanghai-listed shares advanced 0.9 percent to 17.31 yuan.
China Sinoma International Engineering Co. (600970 CH): The company’s unit signed a $106.2 million contract to build a production line in Syria for United Arab Cement Co., according to a statement to Shanghai’s stock exchange. The stock was little changed at 34.08 yuan.
Youngor Group Co. (600177 CH): The company’s unit won the right to two land plots in eastern China’s Hangzhou city for a total bidding price of 2.42 billion yuan, according to a statement to Shanghai’s stock exchange. The stock rose 0.1 percent to 11.53 yuan.
Guangxi Liugong Machinery Co. (000528 CH): The company won conditional approval from the China Securities Regulatory Commission for a private placement of A-shares, according to a statement to Shenzhen’s stock exchange. The stock gained 1.7 percent to 38.82 yuan.
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