Tag Archive | "Surges"

BRIEF-Shenzhen Huaqiang sees Q1 profit surges 6500-6700 percent y/y

BRIEF-Shenzhen Huaqiang sees Q1 profit surges 6500-6700 percent y/y April 14 (Reuters) – Shenzhen Huaqiang Industry Co Ltd. * Says expects Q1 net profit up 6,500-6,700 percent y/y at 132.6-136.6 million yuan ($ 21.35-21.99 million). Source text in Chinese: link.reuters.com/bad58v. Further company coverage: ($ 1 = 6.2113 … Read more on Reuters

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FAW Surges Most in 4 Years on Procurement Report: Shenzhen Mover

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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Wanxiang Surges on Agreement With A123: Shenzhen Mover

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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