China Stock Watch 14/1/14

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
Sinopec 4.6 +0.12 (2.68%) 536,200.43M 7.03 4.05 CN¥0.62 7.48
PetroChina 7.63 +0.08 (1.06%) 1.40B 9.5 7.08 CN¥0.68 11.29
ICBC 3.52 -0.02 (-0.56%) 1.24B 4.53 3.4 CN¥0.74 4.79
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
CNOOC 13.84* -0.06 (-0.43%) 617,920.80M 16.62 12.04 HK$1.89 7.31
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
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s