March 21 (Bloomberg) -- 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.
The Hang Seng Index gained 1.7 percent to 22,685.22. The Hang Seng China Enterprises Index, which tracks so-called H shares of Chinese companies, increased 1.8 percent to 12,465.65.
China Coal Energy Co. (1898 HK): The nation’s second-largest producer of the fuel is expected report full-year earnings tomorrow. The company may post a net income of 10 billion yuan ($1.5 billion), according to the average estimate by 17 analysts compiled by Bloomberg. That compares with 7.8 billion yuan the previous year. The stock climbed 3 percent to HK$11.84.
China Life Insurance Co. (2628 HK): The country’s biggest insurer will report its full-year earnings tomorrow. The company is expected to post net income of 33.7 billion yuan, according to the average of 11 analyst estimates compiled by Bloomberg. That compared with a net profit of 32.9 billion yuan in the previous year. China Life increased 1.9 percent to HK$28.95.
Harbin Power Equipment Co. (1133 HK): The maker of electricity-generating equipment expects a drop in orders for nuclear-power equipment because of Japan’s nuclear crisis, the Standard newspaper reported, citing President Wu Weizhang. The stock gained 3.9 percent to HK$9.02.
Hutchison Telecommunications Hong Kong Holdings Ltd. (215 HK): The phone carrier controlled by billionaire Li Ka-shing said full-year net income increased to HK$755 million ($97 million) from HK$468 million. That compares with the average estimate of HK$730 million by five analysts compiled by Bloomberg. The stock advanced 4.6 percent to HK$2.75.
Lenovo Group Ltd. (992 HK), China’s largest maker of personal computers said it is “fully committed” to its planned venture with NEC Corp. (6701 JP) in Japan after this month’s earthquake. Lenovo said it sustained “minimal damage” to its infrastructure in Japan. The shares climbed 5.8 percent to HK$4.18.
TPV Technology Ltd. (903 HK): The world’s biggest contract maker of computer monitors said it will sell 500 million yuan of three-year bonds. TPV climbed 4.7 percent to HK$4.25.
Welling Holding Ltd. (382 HK): The manufacturer of air conditioners and refrigerators said full-year profit climbed to HK$532.2 million from HK$353.8 million in the previous year. Welling slipped 2.4 percent to 40.5 Hong Kong cents.
Wynn Macau Ltd. (1128 HK): The unit of the casino company founded by billionaire Steve Wynn said full-year net income more than doubled to HK$4.42 billion after opening a second resort. The stock rose 2.6 percent to HK$21.70.
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