Shares of the following companies may have unusual moves in China trading. Stock symbols are in parentheses and prices are as of the previous close, unless stated otherwise.
The Shanghai Composite Index, which tracks the bigger of China's stock exchanges, gained 18.17 points, or 0.6 percent, to 2,890.63. The CSI 300 Index rose 0.8 percent to 3,153.22.
Automakers: China's passenger-car sales slowed in April from the previous month as the government raised fuel prices and Japan's earthquake slowed deliveries. Deliveries of cars including multipurpose and sport-utility vehicles to dealerships rose 2.8 percent from a year earlier to 1.14 million units, the China Association of Automobile Manufacturers said in a statement yesterday. Sales climbed 6.5 percent in March.
SAIC Motor Corp. (600104 CH), China's largest carmaker, fell 0.4 percent to 17.06 yuan. FAW Car Co. (000800 CH), which makes passenger cars in China with Volkswagen AG, added 1 percent to 14.63 yuan.
Anhui Conch Cement Co. (600585 CH): China's biggest cement maker said it won regulatory approval to offer bonds with a face value of 9.5 billion yuan ($1.46 billion). Anhui Conch advanced 0.4 percent to 37.53 yuan.
China Construction Bank Corp. (601939 CH): The world's second-biggest lender by market value raised its down-payment requirement for first-home mortgages in Zhejiang province to 40 percent of the property's value from 30 percent, said an official with the bank's news department. The stock added 0.8 percent to 5.14 yuan.
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