Week’s Movers

China Stock Watch 24/1/14

Stock performance was mixed today, after the sharp ups and downs of the past week. Ten rose on the day, with Dongfeng Motor easily the best of them, up 2.98% to HK$11.74, on news of approval of a joint venture with Volvo; none of the other nine put on more than 1%, though SAIC Motor came closest, appreciating by 0.92% to RMB13.92.

Declines were led by Noble Group, down 2.55% to SG$0.955, helping make it the second worst performer over the week (see below), and Ping An Insurance, down 1.12% to RMB40.54.

The stories of the tax haven accounts does not seem to have particularly disturbed Chinese stocks, despite revelations concerning Sinopec and PetroChina, for example. The dump of 37,000 documents pertaining to offshore accounts from China, Hong Kong and Taiwan will take time to comb through, and one should be prepared from more stories blowing up over the coming weeks (if the Guardian and co are doing their job properly). Yet I somehow wonder how much of a problem this will be for the biggest Chinese stocks. If their biggest shareholders are institutional investors, such as state pension funds etc, then the expectation of a “shareholder revolt” can be forgotten. It would simply be too embarrassing for the party. This is not to say that executives won’t be punished, but a full-frontal assault bringing up awkward details is not the party’s style.

The Shanghai Composite closed at 2,054.39, gaining 12.21 points (+0.60%).

Name Price Change Mkt cap 52wk high 52wk low EPS P/E
Sinopec 4.6 +0.02 (0.44%) 536,200.43M 7.03 4.05 CN¥0.62 7.48
PetroChina 7.62 0.00 (0.00%) 1.39B 9.5 7.08 CN¥0.68 11.28
ICBC 3.4 0.00 (0.00%) 1.19B 4.53 3.38 CN¥0.74 4.62
China Construction Bank 3.92 0.00 (0.00%) 980,043.05M 5.19 0 CN¥0.85 4.63
Agricultural Bank 2.37 +0.01 (0.42%) 769,762.02M 3.28 2.35 CN¥0.50 4.72
Bank of China 2.5 +0.02 (0.81%) 698,411.38M 3.26 2.45 CN¥0.53 4.71
China Mobile 76.40* -0.60 (-0.78%) 1.54B 89.2 74.9 HK$8.20 9.31
Noble Group 0.955 -0.025 (-2.55%) 6,328.86M 1.27 0.785 SGD0.04 26.13
China State Construction 3.04 +0.02 (0.66%) 91,200.00M 4.18 2.9 CN¥0.62 4.94
CNOOC 12.72* -0.02 (-0.16%) 567,915.65M 16.52 12.04 HK$1.89 6.71
China Railway Construction 4.24 +0.01 (0.24%) 52,311.17M 6.25 3.95 CN¥0.84 5.04
China Railway Group 2.46 +0.01 (0.41%) 52,397.75M 3.36 2.3 CN¥0.44 5.61
SAIC Motor 13.19 +0.12 (0.92%) 145,427.22M 19 11.83 CN¥2.05 6.43
China Life Insurance 14.36 -0.15 (-1.03%) 405,881.15M 22 12.88 CN¥0.97 14.86
Dongfeng Motor 11.74* +0.34 (2.98%) 101,153.25M 13.28 9.48 HK$1.38 8.52
China Shenhua 14.37 +0.12 (0.84%) 285,813.84M 25.28 13.97 CN¥2.25 6.38
Ping An Insurance 40.54 -0.46 (-1.12%) 320,920.41M 53.27 31.69 CN¥3.45 11.75
China Telecom 3.68* +0.02 (0.55%) 297,831.12M 4.4 3.48 HK$0.26 14.23
China Communications Construction 3.86 0.00 (0.00%) 62,434.48M 5.79 3.74 CN¥0.81 4.77
Bank of Communications 3.74 0.00 (0.00%) 277,742.60M 5.68 3.65 CN¥0.84 4.44

Week’s Movers

For a change, more stocks rose over the week (twelve) than fell (five). Transport and infrastructure stocks did best – with SAIC Motor gaining 5.69%, China Railway Group 3.36% and China Railway Construction 3.16%, while China State Construction put on 2.36%. As we’ve consistently seen in the business briefs, Chinese companies are busy constructing roads, harbours and rail throughout Africa, central Asia and increasingly in Europe, too.

CNOOC led the fallers, precipitated by missing annual production targets, and for the third year in a row, losing 8.88% over the week.

risers

fallers

China Stock Watch 10/1/14

Sorry there’s no business briefs today. I am in London and time is tight. I will be in Beijing next week for the first time in some months, and am very much looking forward to it.

Today was mixed, but something of an improvement for major Chinese stocks, with eight rising and only seven falling (unusually, five were flat on the day). Gains were however tentative, with none breaching 1% – China Telecom was the best performer on the day, up 0.82%. It is perhaps no coincidence that China Telecom has won awards for its investor relations, reflecting a commitment to transparency. Elsewhere, rail stocks were worst performers, with China Railway Group and China Railway Construction down 2.46% and 2.83% respectively. China Railway Group has not been forthcoming since the death of chairman Bai Zhongren, and the suspicions of unmanageable debts and who-knows-what problems have dragged down China Railway Construction, too.

The Shanghai Composite Index slumped to 2,013.30, down 14.32 points or 0.71%. My predictions of a buy-back led rise have not come about. The big SOEs could be finding themselves between a rock and a hard place, ordered to deleverage, revenue streams not kicking in as forecast (projections of likely returns always being likely to be grossly optimistic) and now being “advised” to buy-back shares to increase prices. One almost feels sorry for them.

Name Price Change Mkt cap 52wk high 52wk low EPS P/E
Sinopec 4.42 +0.02 (0.45%) 515,218.70M 7.03 4.05 CN¥0.62 7.19
PetroChina 7.53 -0.06 (-0.79%) 1.38B 9.5 7.08 CN¥0.68 11.14
ICBC 3.53 0.00 (0.00%) 1.24B 4.53 3.4 CN¥0.74 4.8
China Construction Bank 3.96 +0.01 (0.25%) 990,043.48M 5.19 3.8 CN¥0.85 4.68
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 77.85* +0.50 (0.65%) 1.56B 91.1 74.9 HK$8.20 9.49
Noble Group 1.03 0.00 (0.00%) 6,859.03M 1.27 0.785 SGD0.04 28.47
China State Construction 2.97 -0.04 (-1.33%) 89,100.00M 4.18 2.9 CN¥0.62 4.82
CNOOC 13.74* -0.14 (-1.01%) 613,456.04M 16.76 12.04 HK$1.89 7.25
China Railway Construction 4.12 -0.12 (-2.83%) 50,830.67M 6.46 3.95 CN¥0.84 4.89
China Railway Group 2.38 -0.06 (-2.46%) 50,693.76M 3.41 2.3 CN¥0.44 5.43
SAIC Motor 13.07 +0.01 (0.08%) 144,104.15M 19 11.83 CN¥2.05 6.37
China Life Insurance 14.31 0.00 (0.00%) 404,467.94M 22 12.88 CN¥0.97 14.8
Dongfeng Motor 11.24* -0.20 (-1.75%) 96,845.19M 13.28 9.48 HK$1.38 8.16
China Shenhua 14.49 +0.05 (0.35%) 288,200.60M 25.33 14.4 CN¥2.25 6.44
Ping An Insurance 39.58 -0.39 (-0.98%) 313,320.92M 53.27 31.69 CN¥3.45 11.48
China Telecom 3.69* +0.03 (0.82%) 298,640.44M 4.42 3.48 HK$0.26 14.28
China Communications Construction 3.84 0.00 (0.00%) 62,110.98M 5.79 3.8 CN¥0.81 4.74
Bank of Communications 3.8 +0.01 (0.26%) 282,198.36M 5.68 3.65 CN¥0.84 4.51

Week’s Movers

Movement over the week shows how disappointing the major stocks have been so far this year.

Bank of Communications rose 1.06%, SAIC Motor rose 0.08%, and Noble Group was flat. The other seventeen stocks fell over the week, with China Railway Group not surprisingly leading the way, falling 5.18%, while China Railway Construction was not far off, going down 4.63%. It’s been a very poor start to the year. Perhaps 2014 will surprise us and see some solid share performance, but with reforms challenging the privileges of SEOs and lower growth practically assured, companies will have to show some real innovation and agility. It remains to be seen if they as institutions have it in them.

risersfallers

China Stock Watch 3/1/14

Bloodbath. Every single major Chinese stock fell today. The range of movement varied between a gentle fall of 0.17% (Dongfeng Motor) to precipitous declines of 4.03% (CNOOC) and 4.81% (SAIC Motor). News of local government debt rollovers affects every sector of the Chinese economy, from high finance to nuts n’ bolts infrastructure. With fixed asset investment considerable proportions of Chinese economic activity and the failure of investments to return anticipated (or claimed) revenues, income streams of local governments will be lower, while debt management will claim greater shares – unless favourable terms are granted, but then this affects the banks, and their non-performing loan ratios. So it’s all something of a dilemma, to say the least.

The Shanghai Composite Index closed down 32.84 points (-1.55%), at 2,083.14. My bet, as I’ve said, is that strenuous efforts will be made to avoid breaking the 2000 barrier.

Name Price Change Mkt cap 52wk high 52wk low EPS P/E
Sinopec 4.38 -0.10 (-2.23%) 510,555.94M 7.03 4.05 CN¥0.62 7.12
PetroChina 7.64 -0.07 (-0.91%) 1.40B 9.5 7.08 CN¥0.68 11.31
ICBC 3.57 -0.01 (-0.28%) 1.25B 4.53 3.4 CN¥0.74 4.85
China Construction Bank 4.07 -0.07 (-1.69%) 1.02B 5.19 3.8 CN¥0.85 4.81
Agricultural Bank 2.45 -0.03 (-1.21%) 795,745.60M 3.28 2.38 CN¥0.50 4.88
Bank of China 2.57 -0.05 (-1.91%) 717,411.58M 3.26 2.48 CN¥0.53 4.84
China Mobile 78.60* -1.60 (-2.00%) 1.58B 91.8 74.9 HK$8.20 9.59
Noble Group 1.04 -0.03 (-2.35%) 6,892.16M 1.27 0.785 SGD0.04 28.79
China State Construction 3.09 -0.05 (-1.59%) 92,700.00M 4.18 2.9 CN¥0.62 5.02
CNOOC 13.80* -0.58 (-4.03%) 616,134.90M 17.38 12.04 HK$1.89 7.29
China Railway Construction 4.52 -0.17 (-3.62%) 55,765.69M 6.49 3.95 CN¥0.84 5.37
China Railway Group 2.63 -0.05 (-1.87%) 56,018.74M 3.41 2.3 CN¥0.44 6
SAIC Motor 13.46 -0.68 (-4.81%) 148,404.13M 19 11.83 CN¥2.05 6.56
China Life Insurance 14.57 -0.56 (-3.70%) 411,816.74M 22.7 12.88 CN¥0.97 15.07
Dongfeng Motor 11.98* -0.02 (-0.17%) 103,221.11M 13.28 9.48 HK$1.38 8.7
China Shenhua 15.37 -0.45 (-2.84%) 305,703.46M 25.7 15.36 CN¥2.25 6.83
Ping An Insurance 40.28 -1.45 (-3.47%) 318,862.19M 53.27 31.69 CN¥3.45 11.68
China Telecom 3.76* -0.10 (-2.59%) 304,305.70M 4.46 3.48 HK$0.26 14.55
China Communications Construction 3.97 -0.07 (-1.73%) 64,213.70M 5.79 3.8 CN¥0.81 4.91
Bank of Communications 3.8 -0.04 (-1.04%) 282,198.36M 5.68 3.65 CN¥0.84 4.51

 

Week’s Movers

Two stocks showed no movement on the week – ICBC and Bank of Communications. The rest showed a decline over the week, with the largest seen by China Telecom (-3.84%) and SAIC Motor (-3.72%).

faller

China Stock Watch 27/12/13

As I predicted yesterday, with the important 2000 barrier of the Shanghai Composite Index coming into view, Chinese stocks generally rose today. How much this can be attributed to market fundamentals and how much down to government instruction is impossible to say: there is never any written instruction. All the same, certain patterns of behaviour can be established, recognised and therefore predicted. Stocks tend to rise in the run-up to important political sessions, or when important barriers are in risk of being breached, for instance. All major mainland corporations have a “red telephone” which connects their executives to the party leadership, and you’d better take that call when it comes if you know what’s good for you. See Richard McGregor’s book The Party for details on the hardwiring of the political apparatus into the economic landscape.

On the day, then, fifteen stocks rose, with a goodly number of them by over 1%. SAIC Motor led the pack, rising 3.59% to RMB13.86, while China Life Insurance and Ping An Insurance were not far behind, gaining 2.7% and 3.21% respectively. The suspicion that these gains are not driven by market sentiment seems confirmed when SAIC Motor‘s rise was on the same day that it announced one of the biggest recalls in history, of 1.46 million Buick and Chevrolet models due to fuel pump safety issues. Dongfeng Motor had the largest fall, declining sharply to HK$12.10 (-4.57%).

Name Price Change Mkt cap 52wk high 52wk low EPS P/E
Sinopec 4.48 0.00 (0.00%) 522,212M 7.03 4.05 CN¥0.62 7.28
PetroChina 7.71 +0.01 (0.13%) 1.41B 9.5 7.08 CN¥0.68 11.41
ICBC 3.58 +0.03 (0.85%) 1.26B 4.53 3.4 CN¥0.74 4.87
China Construction Bank 4.14 +0.06 (1.47%) 1.04B 5.19 3.8 CN¥0.85 4.89
Agricultural Bank 2.46 +0.02 (0.82%) 798,994M 3.28 2.38 CN¥0.50 4.9
Bank of China 2.66 +0.03 (1.14%) 742,535M 3.26 2.48 CN¥0.53 5.01
China Mobile 80.85* -0.10 (-0.12%) 1.63B 91.8 74.9 HK$8.17 9.89
Noble Group 1.06 +0.01 (1.44%) 7,025M 1.27 0.785 SGD0.04 29.23
China State Construction 3.13 +0.04 (1.29%) 93,900M 4.18 2.9 CN¥0.62 5.08
CNOOC 14.30* -0.04 (-0.28%) 638,459M 17.38 12.04 HK$1.89 7.58
China Railway Construction 4.63 +0.05 (1.09%) 57,123M 6.49 3.95 CN¥0.84 5.5
China Railway Group 2.65 +0.04 (1.53%) 56,445M 3.41 2.3 CN¥0.44 6.04
SAIC Motor 13.86 +0.48 (3.59%) 152,814M 19 11.83 CN¥2.05 6.76
China Life Insurance 15.2 +0.40 (2.70%) 429,624M 22.7 12.88 CN¥0.97 15.72
Dongfeng Motor 12.10* -0.58 (-4.57%) 104,255M 13.28 9.48 HK$1.37 8.82
China Shenhua 15.7 +0.13 (0.83%) 312,267M 25.7 15.36 CN¥2.25 6.97
Ping An Insurance 40.85 +1.27 (3.21%) 323,374M 53.27 31.69 CN¥3.45 11.84
China Telecom 3.89* 0.00 (0.00%) 314,827M 4.46 3.48 HK$0.26 15.1
China Communications Construction 4.03 +0.06 (1.51%) 65,184M 5.79 3.8 CN¥0.81 4.98
Bank of Communications 3.89 +0.04 (1.04%) 288,882M 5.68 3.65 CN¥0.84 4.62

 

Week’s Movers

After the bloodbath of the past two weeks, it will come as a relief that some stocks actually showed a gain over the week. Insurers China Life and Ping An did the best, gaining 3.4% and 3.37% respectively. For the fallers, Dongfeng Motor performed the worst, declining 2.89%; Sinopec was not far behind, going down 2.61%. fallers risers

China Stock Watch 20/12/13

There’s really only one story in town today, with the People’s Bank moving to inject liquidity into banks running short of cash after rises in the inter-bank lending rate (which reached ten percent). As Simon Rabinovitch of the FT explains:

During the cash crunch in June, central bank officials explained that they had allowed the money market to tighten as a warning to banks to improve their liquidity management. Several banks had become overly reliant on the interbank market as a cheap source of funds and were using the cash to finance risky off-balance sheet loans.

The central bank has since guided money market rates to levels roughly 150 basis points higher than their average before the cash crunch. With China’s stock of credit soaring to about 200 per cent of gross domestic product, from 130 per cent just five years ago, analysts believe the government is trying to encourage companies and investors to reduce their debt loads.

This has caused financial stocks to plummet, with ICBC down 1.38%, China Construction Bank down 4.03%, Agricultural Bank 2.38% and Bank of China losing 2.24%. There’s a reason the state-owned banks have P/E of such low ratios.

Only China Mobile and Noble Group finished the day up, both by around half a percent.

The Shanghai Composite Index closed down 43 points (2.02%) to close at 2,084.79. Over the past week it has lost over 5% of its value (from 2,131.74 – 2,082.85); over the past year it has lost over 3%. Regular Chinese savers and investors desperately need somewhere other than property to derive some gains from China’s booming economy, but the stock market isn’t it. The recent moves to gradually liberalise bank rates are to be welcomed, but come in the face of strong opposition from the Big 4 state-owned banks, who have no incentive to compete.

Name Price Change Mkt. Cap 52wk high 52wk low EPS P/E
Sinopec 4.52 -0.09 (-1.95%) 526,875M 7.03 4.05 CN¥0.62 7.35
PetroChina 7.69 -0.08 (-1.03%) 1.41B 9.5 7.08 CN¥0.68 11.38
ICBC 3.58 -0.05 (-1.38%) 1.26B 4.53 3.4 CN¥0.74 4.87
China Construction Bank 4.05 -0.17 (-4.03%) 1.01B 5.19 3.8 CN¥0.85 4.79
Agricultural Bank 2.46 -0.06 (-2.38%) 798,994M 3.28 2.38 CN¥0.50 4.9
Bank of China 2.62 -0.06 (-2.24%) 731,369M 3.26 2.48 CN¥0.53 4.93
China Mobile 79.85 +0.40 (0.50%) 1.61B 91.8 74.9 HK$8.17 9.77
Noble Group 1.03 0.00 (0.49%) 6,826M 1.27 0.785 SGD0.04 28.65
China State Construction 3.17 -0.10 (-3.06%) 95,100M 4.18 2.9 CN¥0.62 5.15
CNOOC 14.14 -0.02 (-0.14%) 631,315M 17.38 12.04 HK$1.89 7.49
China Railway Construction 4.81 -0.11 (-2.24%) 59,344M 6.49 3.95 CN¥0.84 5.71
China Railway Group 2.72 -0.05 (-1.81%) 57,936M 3.41 2.3 CN¥0.44 6.2
SAIC Motor 13.56 -0.75 (-5.24%) 149,507M 19 11.83 CN¥2.05 6.61
China Life Insurance 14.4 -0.57 (-3.81%) 407,012M 22.7 12.88 CN¥0.97 14.9
Dongfeng Motor 12.42 -0.20 (-1.58%) 107,012M 13.28 9.48 HK$1.37 9.05
China Shenhua 15.69 -0.41 (-2.55%) 312,068M 25.7 15.51 CN¥2.25 6.97
Ping An Insurance 38.95 -1.95 (-4.77%) 308,334M 53.27 31.69 CN¥3.45 11.29
China Telecom 3.8 -0.06 (-1.55%) 307,543M 4.46 3.48 HK$0.26 14.75
China Communications Construction 4.05 -0.08 (-1.94%) 65,508M 5.79 3.8 CN¥0.81 5
Bank of Communications 3.94 -0.10 (-2.48%) 292,595M 5.68 3.65 CN¥0.84 4.68

Week’s Movers
As we saw last week, every single major stock fell. Some declines over the week were precipitous: SAIC Motor fell by over 14%, China Life Insurance by over 12% and China Railway Construction by over 10%. No sector was spared. Only conglomerate Noble Group fell by less than 4.75% (falling 0.96% to close at SG$1.03. Telecoms were perhaps least bad as a group, with China Mobile falling 5.84% to HK$79.85, and China Telecom going down 5.94% to HK$3.80. Obviously, with the banks facing a credit/cash crunch (and that phrase enough to put the fear of god into most investors), the finance sector did badly, with China Life Insurance the worst hit, going down 12.46%, while China Construction Bank was the worst hit of the big four banks, falling 8.58%.

fallers

China Stock Watch 13/12/13

Today was pretty much more of the same as the past two days, with fifteen of the twenty major stocks closing down on the day. Only Sinopec (down 1.25%) and China Shenhua (down 1.03%) were down by over one percent, however, capping a poor day for energy stocks. Only China Mobile, Noble Group, China Life and Ping An Insurance finished the day up, with Ping An the best of the bunch, gaining 2%. China Mobile’s hookup with Apple has finally showed up in its share price, though, as I’ve said, the initial sign-up rates aren’t that impressive.

Name Price Change Mkt cap
52wk high 52wk low EPS P/E
Sinopec 4.75 -0.06 (-1.25%) 553,685M 7.03 4.05 CN¥0.62 7.72
PetroChina 7.96 -0.05 (-0.62%) 1.46B 9.5 7.08 CN¥0.68 11.78
ICBC 3.73 -0.03 (-0.80%) 1.31B 4.53 3.4 CN¥0.74 5.07
China Construction Bank 4.32 -0.04 (-0.92%) 1.08B 5.19 3.9 CN¥0.85 5.11
Agricultural Bank 2.53 -0.02 (-0.78%) 821,729M 3.28 2.38 CN¥0.50 5.04
Bank of China 2.76 -0.03 (-1.08%) 770,449M 3.26 2.48 CN¥0.53 5.2
China Mobile 81.30* +0.35 (0.43%) 1.63B 91.8 74.9 HK$8.17 9.95
Noble Group 1.02 +0.01 (1.49%) 6,794M 1.27 0.785 SGD0.04 28.7
China State Construction 3.4 0.00 (0.00%) 102,000M 4.18 2.9 CN¥0.62 5.52
CNOOC 15.10* -0.10 (-0.66%) 674,177M 17.38 12.04 HK$1.89 8
China Railway Construction 5.11 -0.05 (-0.97%) 63,045M 6.49 3.95 CN¥0.84 6.07
China Railway Group 2.86 -0.02 (-0.69%) 60,918M 3.41 2.3 CN¥0.44 6.52
SAIC Motor 15.4 -0.08 (-0.52%) 169,794M 19 11.83 CN¥2.05 7.51
China Life Insurance 15.53 +0.11 (0.71%) 438,951M 22.7 12.88 CN¥0.97 16.07
Dongfeng Motor 12.64* -0.06 (-0.47%) 108,908M 13.26 9.48 HK$1.37 9.21
China Shenhua 16.27 -0.17 (-1.03%) 323,604M 25.7 15.51 CN¥2.25 7.23
Ping An Insurance 42.35 +0.83 (2.00%) 335,248.61M 53.27 31.69 CN¥3.45 12.28
China Telecom 3.88* -0.02 (-0.51%) 314,018M 4.46 3.48 HK$0.26 15.06
China Communications Construction 4.28 -0.01 (-0.23%) 69,228M 5.79 3.8 CN¥0.81 5.29
Bank of Communications 4.1 -0.02 (-0.49%) 304,477M 5.68 3.68 CN¥0.84 4.87

WEEKS MOVERS
Well, it’s a pretty simple task this week. Every single major stock fell over the week. The largest falls were by China Life (5.59%), China Railway Construction (4.84%), and China Mobile (4.13%). The worst performing sectors were energy stocks and telecoms.

fallers

China Stock Watch 29/11/13

Today was mixed for the major China stocks. Five finished up, with China Telecom leading the pack, putting on 1.7%. CNOOC did next best, gaining 1.27%. With three stocks static, twelve fell on the day, though only SAIC Motor was down by over by 1% (closing down 1.03%). Banks did poorly, with China Construction Bank, Agricultural Bank and Bank of Communications all down, while Bank of China and ICBC showed no movement.

The Shanghai Composite Index finished up slightly, gaining 1.13 points (0.05%), to close at 2,220.50. Over the week it picked up 24.13 points, or just over 1%.

With Thanksgiving yesterday, the NYSE was closed, hence no earnings reports.

Name Price Change Mkt cap
52wk high 52wk low EPS P/E
Sinopec 4.77 -0.03 (-0.63%) 556,016.39M 7.03 4.05 CN¥0.62 7.75
PetroChina 7.91 -0.03 (-0.38%) 1.45B 9.5 7.08 CN¥0.68 11.71
ICBC 3.8 0.00 (0.00%) 1.33B 4.53 3.4 CN¥0.74 5.17
China Construction Bank 4.39 -0.02 (-0.45%) 1.10B 5.19 3.9 CN¥0.85 5.19
Agricultural Bank 2.61 -0.01 (-0.38%) 847,712.61M 3.28 2.38 CN¥0.50 5.2
Bank of China 2.81 0.00 (0.00%) 784,407.22M 3.26 2.48 CN¥0.53 5.29
China Mobile 83.5 +0.90 (1.09%) 1.68B 91.8 74.9 HK$8.14 10.25
Noble Group 1.11 -0.00 (-0.45%) 7,322.92M 1.27 0.785 SGD0.04 30.87
China State Construction 3.27 -0.02 (-0.61%) 98,100.00M 4.18 2.9 CN¥0.62 5.31
CNOOC 15.9 +0.20 (1.27%) 709,894.53M 17.38 12.04 HK$1.88 8.46
China Railway Construction 5.38 -0.01 (-0.19%) 66,375.97M 6.49 3.95 CN¥0.84 6.39
China Railway Group 2.98 -0.03 (-1.00%) 63,473.70M 3.41 2.3 CN¥0.44 6.8
SAIC Motor 15.38 -0.16 (-1.03%) 169,573.22M 19 11.83 CN¥2.05 7.5
China Life Insurance 15.7 -0.11 (-0.70%) 443,755.86M 22.7 12.88 CN¥0.97 16.24
Dongfeng Motor 12.32 +0.06 (0.49%) 106,150.60M 13.26 9.48 HK$1.37 9.01
China Shenhua 16.9 -0.16 (-0.94%) 336,134.58M 25.7 15.51 CN¥2.25 7.51
Ping An Insurance 41.55 +0.06 (0.14%) 328,915.70M 53.27 31.69 CN¥3.45 12.05
China Telecom 4.19 +0.07 (1.70%) 339,106.63M 4.46 3.48 HK$0.26 16.33
China Communications Construction 4.27 0.00 (0.00%) 69,066.12M 5.79 3.8 CN¥0.81 5.28
Bank of Communications 4.15 -0.01 (-0.24%) 308,190.32M 5.68 3.68 CN¥0.84 4.93

Weeks Movers
Inevitably, given the recent Qingdao disaster, Sinopec was the biggest faller of the week, with PetroChina not far behind. Perhaps as counterpoint, China Shenhua (mostly involved in coal) was one of the biggest risers. China Mobile also rose markedly, on Apple rumours/leaks.

Risers

risers

Fallers

fallers