A day of some gains for the twenty biggest stocks. Ten rose on the day, with Sinopec easily doing best, rising 2.68% to RMB4.6. Investors seem to have shrugged off the ramifications of the Qingdao disaster, and the pipeline problems it revealed, rather easily. The stock is also in “oversold” territory, which may be encouraging bargain hunters. Next best was Ping An Insurance, climbing 1.37% to RMB39.99.
Of the eight stocks which declined on the day, none fell by over 1%. Conglomerate Noble Group came closest, going down 0.96%, while ICBC came next, shading 0.56%. (China Construction Bank, Bank of China and Bank of Communications all also fell by around half a percent, though Agricultural Bank was flat).
The Shanghai Composite lifted its head somewhat, rising 17.28 points (+0.86%) to close at 2,026.84.
|Name||Price||Change||Mkt cap||52wk high||52wk low||EPS||P/E|
|China Construction Bank||3.99||-0.02 (-0.50%)||997,543.80M||5.19||3.8||CN¥0.85||4.72|
|Agricultural Bank||2.41||0.00 (0.00%)||782,753.85M||3.28||2.38||CN¥0.50||4.8|
|Bank of China||2.51||-0.01 (-0.40%)||701,205.02M||3.26||2.48||CN¥0.53||4.73|
|China Mobile||77.60*||-0.20 (-0.26%)||1.56B||91.1||74.9||HK$8.20||9.47|
|Noble Group||1.03||-0.01 (-0.96%)||6,825.89M||1.27||0.785||SGD0.04||28.35|
|China State Construction||2.96||+0.01 (0.34%)||88,800.00M||4.18||2.9||CN¥0.62||4.81|
|China Railway Construction||4.17||+0.02 (0.48%)||51,447.55M||6.46||3.95||CN¥0.84||4.95|
|China Railway Group||2.4||+0.02 (0.84%)||51,119.76M||3.41||2.3||CN¥0.44||5.47|
|SAIC Motor||13.11||+0.10 (0.77%)||144,545.17M||19||11.83||CN¥2.05||6.39|
|China Life Insurance||14.24||+0.07 (0.49%)||402,489.39M||22||12.88||CN¥0.97||14.73|
|Dongfeng Motor||11.60*||-0.04 (-0.34%)||99,947.00M||13.28||9.48||HK$1.38||8.43|
|China Shenhua||14.63||+0.07 (0.48%)||290,985.15M||25.28||14.4||CN¥2.25||6.5|
|Ping An Insurance||39.99||+0.54 (1.37%)||316,566.54M||53.27||31.69||CN¥3.45||11.59|
|China Telecom||3.71*||0.00 (0.00%)||300,259.09M||4.42||3.48||HK$0.26||14.36|
|China Communications Construction||3.87||+0.02 (0.52%)||62,596.22M||5.79||3.8||CN¥0.81||4.78|
|Bank of Communications||3.8||-0.02 (-0.52%)||282,198.36M||5.68||3.65||CN¥0.84||4.51|