July 20 (Bloomberg) -- Shares of the following companies had unusual moves in China trading. Stock symbols are in parentheses as of 3 p.m. close.
The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, slid 2.78 points, or 0.1 percent, to 2,794.21. The CSI 300 Index declined 0.1 percent to 3,091.57.
Kweichow Moutai Co. (600519 CH), China’s biggest producer of baijiu liquor by market value, rose 0.5 percent to 199.89 yuan, the highest since March 5, 2008. Parent China Kweichow Moutai Distillery Co. forecast a 15 percent increase in output this year, Chairman Ji Keliang said in an interview in Beijing yesterday.
Shanghai International Airport Co. (600009 CH), the operator of China’s second-busiest airfield, fell 1.4 percent to 13.49 yuan, the lowest since July 8. The company said passenger traffic in June declined 5.3 percent from a year earlier to 3.37 million. Takeoffs and landings rose 2.4 percent to 28,119 last month, while cargo fell 4.2 percent in the same period to 256,600 metric tons, it said.
Zijin Mining Group (601899 CH), China’s largest gold producer, fell 3.1 percent to 5.65 yuan, the lowest in a week. A shareholder is selling 338.4 million Hong Kong-listed shares to raise as much as $191 million, according to a term sheet obtained by Bloomberg News.
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