Financial Insights That Matter
* PREVIOUS TRADING SESSION MOVES:
* SSOC -0.6 PCT, CSI300 -1.2 PCT, HSI -1.5 PCT
* Shanghai->HK daily quota used 14.3 pct
* Shenzhen->HK daily quota used 2.2 pct
* CNY official close 6.609 per dollar
* FTSE China A50 -1.4 pct, BNY Mellon ADR China Select Index +0.1 pct
SHANGHAI, Dec 1 (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:
* U.S. formally opposes China market economy status at WTO
* China pushing billions into Iranian economy as Western firms stall
* China issues new rules to bring private capital into investment programme
* Hong Kong, China regulators reach agreement on plans to introduce investor identification scheme
* Inadequate finance crimps China’s plans for switch to clean power, thinktanks say
* China rising output may threaten copper’s electric vehicle-fuelled rally Data:
* China Nov official factory PMI rises to 51.8, beats forecasts
* China QFII quota rises to $96.79 bln at end-Nov – FX regulator
* China c.bank says had no FX derivatives’ short position at end-Oct, unchanged from Sept
* China’s carbon intensity falls 4 pct in first three quarters – official
Company moves:
In focus
* China’s State Grid says interested in Brazil’s power line licensing round Equity changes
* Anhui Conch Cement’s controlling shareholder unloaded 0.38 pct stake during Oct 30-Nov 29
* Bank Of Ningbo to issue A-share convertible bonds worth 10 bln yuan
* Baoshan Iron & Steel invests 888 mln yuan to buy Baosight Software’s convertible bonds IPOs
* Online part of Suzhou Chunqiu Electronic Technology’s Shanghai IPO 7,829.75 times oversubscribed
* Shennan Circuits’ Shenzhen IPO 2,832.08 times oversubscribed in online tranche
* Henan Provincial Communications Planning & Design Institute’s IPO 7,354 times oversubscribed in online tranche M&A
* Digital China Information Service to acquire technology firm for 780 mln yuan
* Poly Real Estate to buy 50 pct stake in controlling shareholder’s Hong Kong holding unit Trading halt/resumption
* Wangfujing Group gets regulatory approval for merger plan, share trade to resume
* Shanghai Jahwa United’s share trade to halt from Dec 1 pending announcement
* Tianjin Xinmao Sci & Tech’s share trade to halt as some company shares pledged under margin call Other moves (spin-offs, divestitures, deals)
* Dongjiang Environmental signs deal on waste disposal projects for about 1.5 bln yuan
* Shenwu Environmental Technology, partners plan green technology centre (Compiled by Luoyan Liu; Editing by Sam Holmes)
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