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Anhui Conch, CCB, China Southern: Hong Kong Stocks Preview

March 29 (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 fell 0.4 percent to 23,068.19. The Hang Seng China Enterprises Index, which tracks so-called H shares of Chinese companies, declined 0.6 percent to 12,894.47.

Anhui Conch Cement Co. (914 HK): The cement maker said full-year net income gained 76 percent to 6.16 billion yuan ($939 million). The announcement came after the market closed. The stock fell 2.4 percent to HK$43.55.

BaWang International Group Holding Ltd. (1338 HK): The Chinese maker of shampoos reported a full-year loss of 118 million yuan, swinging from a profit of 364 million yuan a year earlier. The average estimate of four analysts surveyed by Bloomberg was a loss of 121 million yuan. The stock dropped 0.4 percent to HK$2.39.

Brilliance China Automotive Holdings Ltd. (1114 HK): The automaker posted full-year net income of 1.27 billion yuan, compared with the 1.09 billion yuan average estimate of 10 analysts surveyed by Bloomberg. The stock declined 2.9 percent to HK$6.77.

China Construction Bank Corp. (939 HK): The world’s second-largest lender by market value may make 700 billion yuan to 750 billion yuan of new loans this year, Vice President Chen Zuofu said at a briefing in Beijing. The stock retreated 2.3 percent to HK$7.15.

China Southern Airlines Co. (1055 HK): The nation’s biggest carrier said full-year net income rose to 5.8 billion yuan from 330 million yuan a year earlier. That compares with the 5.7 billion yuan average of 15 analyst estimates compiled by Bloomberg. The stock fell 2.5 percent to HK$3.52.

Fosun International Ltd. (656 HK): The company said full-year net income fell to 4.23 billion yuan from 4.65 billion yuan a year earlier. The stock increased 1.2 percent to HK$5.82.

Gome Electrical Appliances Holding Ltd. (493 HK): China’s second-biggest electronics retailer said profit rose 39 percent to 1.96 billion yuan from a year earlier. The average net income estimate of eight analysts surveyed by Bloomberg was 1.97 billion yuan. The stock fell 1.6 percent to HK$2.54.

Sinopec Yizheng Chemical Fibre Co. (1033 HK): The distributor of polyester chips reported full-year net income of 1.23 billion yuan. The stock sank 7.5 percent to HK$3.21.

To contact the reporter on this story: Kana Nishizawa in Tokyo at knishizawa5@bloomberg.net.

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net.

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