Shenzhen Informer

GD Midea Jumps by Daily Limit on Parent Buyout: Shenzhen Mover The maker of air conditioners and rice cookers rallied by the 10 percent daily limit to 10.10 yuan at the 11.30 a.m. break in Shenzhen, ending a trading suspension of more than seven months. The shares posted the biggest intraday gain since February 2011. [...]

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FAW Surges Most in 4 Years on Procurement Report: Shenzhen Mover FAW Car Co. (000800) jumped the most in more than four years in Shenzhen trading on speculation the Chinese automaker will benefit from increased government purchases of domestic vehicles. FAW surged by the 10 percent daily limit as of 11:13 a.m. … Read more [...]

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Ping An Bank Leads Financial Stocks Higher: Shenzhen Mover Ping An jumped 9.2 percent at the 11:30 a.m. break in Shenzhen, poised for the biggest gain since Jan. 28. China Minsheng Banking Corp. (600016) advanced 4.6 percent, the most since Feb. 1. The CSI 300 financial index of banks, brokerages, developers … Read more on [...]

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Angang Leads Steelmaker Gains on Inventory Drop: Shenzhen Mover The steelmaker's shares jumped by as much as the 10 percent daily limit in Shenzhen and were trading 9.8 percent higher at 4.26 yuan as of 2:15 p.m. local time. Baoshan Iron & Steel Co., China's largest listed steelmaker, climbed 1.2 percent in … Read more [...]

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Chinese Air-Purifier Makers Surge on Pollution: Shenzhen Mover (000551) and Chaoyue Group Ltd. (147) rose after pollution in Beijing reached record levels. Gree Electric gained 3.9 percent in Shenzhen trading to a record close of 27.01 yuan and Create Technology jumped by the 10 percent daily limit to 7.34 yuan. Read more on Bloomberg

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China Intl Marine Rises on Change of Bourses: Shenzhen Mover (200039), the world's biggest container maker, gained the most in four months after announcing plans to move trading of its shares to Hong Kong from China's Shenzhen stock exchange. The stock rose 3.3 percent, the biggest advance since April 18, to … Read more on [...]

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Wanxiang Surges on Agreement With A123: Shenzhen Mover (000559) surged the most in nine months in Shenzhen trading after its parent signed an agreement to potentially takeover A123 Systems (AONE) Inc., a U.S. maker of rechargeable automobile batteries. The stock rose by the 10 percent daily limit to 5.02 … Read more on Bloomberg

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