China Stocks-Factors to watch on Friday

Nine Dragons Paper (Holdings)

29/09/2017 01:25

* PREVIOUS TRADING SESSION MOVES: 
    * SSEC -0.2 pct, CSI300 flat, HSI -0.8 pct 
    * CNY official close 6.657 per dollar, 2.1 pct firmer vs US$ last 90 days 
    * FTSE China A50 +0.1 pct, BNY Mellon ADR China Select Index +0.2 pct 
 
    SHANGHAI, Sept 29 (Reuters) - Following is a list of recent corporate and policy 
announcements, as well as other news that might affect Chinese financial markets. 
 
Policy, government, sector news: 
    *  China is tightening security for next month's twice-a-decade Communist Party Congress. 
 urn:newsml:reuters.com:*:nL4N1M93PE 
    * China's factories likely cranked up activity for the 14th straight month in Sept. 
 urn:newsml:reuters.com:*:nL4N1M91K2 
    * China's steel mills are slashing order books, curbing iron ore purchases and bracing for 
lower revenue.  urn:newsml:reuters.com:*:nL4N1M84M7 
    *  Framework for China's state-owned enterprises (SOEs) is "basically complete". 
 urn:newsml:reuters.com:*:nL4N1M83KH 
    * China has set a deadline of 2019 to impose tough new sales targets for electric plug-in 
and hybrids vehicles.  urn:newsml:reuters.com:*:nL4N1M92KV 
    * China's cross-border capital movements will remain stable in the second half this 
year. urn:newsml:reuters.com:*:nB9N1M6003 
 
    
    Company Moves:  
     
    Earnings/Performance 
    * Shanghai Pudong Development Bank Co Ltd  600000.SS  says board approves asset write-off of 
11.6 billion yuan ($1.74 billion)    
 
   Equity changes/IPOs    
    * Long Yuan Construction Group Co Ltd  600491.SS  says gets regulator's approval to issue 
shares in private placement 
    *  Yunda Holding Co Ltd  002120.SZ  says cuts share issue size to 4.1 billion yuan ($615.70 
million) from 4.5 billion yuan previously  
    * Jiangsu Luokai Mechanical & Electrical Co Ltd says online part of initial Shanghai share 
offering attracted interest amounting to 7,611 times amount on offer 
 
   M&A     
    * Beijing Hualubaina Film & TV Co Ltd  300291.SZ , Says scraps asset restructuring, share 
trade to resume on Sept 29 
    * Great Wall Motor Co Ltd  601633.SS   2333.HK  says A-share trade to halt from Sept 29 
pending announcement related to unit's investment in Australia's Pilbara Minerals Ltd  PLS.AX  
 
 
 (Compiled by Samuel Shen) 
 ((samuel.shen@thomsonreuters.com;  +86 21 6104 1789; Reuters Messaging: 
samuel.shen.thomsonreuters.com@reuters.net)) 
 
Keywords: CHINA STOCKS/FACTORS