Financial Insights That Matter
* PREVIOUS TRADING SESSION MOVES:
* SSOC -0.8 PCT, CSI300 -1.2 PCT, HSI -1.2 PCT
* Shanghai->HK daily quota used 1.1 pct
* HK->Shenzhen Connect daily quota used 0.0 pct, Shenzhen->HK daily quota used 1 pct
* CNY official close 6.9099 per dollar
* FTSE China A50 -1.1 pct, BNY Mellon ADR China Select Index +0.1 pct
SHANGHAI, Dec 11 (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:
* Chinese state media distance Huawei arrest from U.S. trade talks
* China consults on rules for financial holding companies – sources
* Japan’s top 3 telcos to exclude Huawei, ZTE network equipment -Kyodo
* China ruling could ban some Apple iPhones sales amid Qualcomm fight
* China gives go-ahead to rapeseed meal imports from Kazakhstan
* FACTBOX-China fast-tracks railway, highway projects to spur growth Data:
* POLL-China property to cool in 2019, weigh on economy, curbs may be eased
Company moves:
In focus
* China’s Cosco plans $200 mln Abu Dhabi container terminal expansion
* China biotech Junshi Biosciences seeks up to $414mln in Hong Kong IPO
Earnings/Performance
* Daqin Railway’s Nov cargo throughput up 12.26 percent y/y
* Wanda Film’s Jan-Nov box office revenue up 13.6 pct y/y
* Power Construction Corp of China’s Jan-Nov newly signed contracts up 7.4 percent y/y
* CRRC Oct-Nov’s new contracts totalled about 31.1 billion yuan
Equity changes/IPOs
* China Shipbuilding’s controlling shareholder and related parties to increase shareholdings
* Huaneng Lancang River Hydropower says lock-up period for 7.13 bln shares to end on Dec 17
* Wintime Energy and unit’s executives, controlling shareholder’s management to increase shareholdings Other moves (spin-offs, divestitures, deals)
* Hengli Petrochemical plans to issue bonds worth up to 5.0 billion yuan
* Red Star Macalline plans to issue asset-backed securities worth up to 560 mln yuan (Compiled by Luoyan Liu)
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