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China Stocks-Factors to watch on Wednesday

Wed, 27th Mar 2019 00:25

* PREVIOUS TRADING SESSION MOVES:

* SSEC -1.5 pct, CSI300 -1.1 pct, HSI +0.2 pct

* HK->Shanghai Connect daily quota used 2.3 pct,Shanghai->HKdaily quota used 1.5 pct

* HK->Shenzhen Connect daily quota used 0.3 pct,Shenzhen->HKdaily quota used 0.9 pct

* CNY official close 6.715 per dollar

* FTSE China A50 -0.2 pct, BNY Mellon ADR China Select Index-0.1pct

SHANGHAI, March 27 (Reuters) - Following is a list of recentcorporate and policy announcements, as well as other news thatmight affect financial markets in China.Policy, government, sector news:

* European leaders press for fairer trade relationship withChina

* EU demands scrutiny of 5G risks but no bloc-wide Huaweiban

* China widens ban on Canadian canola imports to secondfirm,Viterra

* China business activity recovering thanks to"credit-soaked"quarter - Beige Book

* China vows to cut burden of social security costs forsmallfirms

* StanChart sees China slowdown, trade war fears receding,eyesdigital push

* China boosts coal mining capacity despite climate pledges

* Moody's says securitisation continues to grow as a fundingsource for China's economyData:

* China's net gold imports via Hong Kong slip in February

Company moves:

In focus

* China's Huawei sees little impact on sales from U.S.broadside

* Huawei presents flagship smartphone in Paris duringChineseleader's visit

* Siemens turns to China's SPIC to help turn around gasturbines

* China Evergrande says diversification complete, eyes topelectric vehicle spot

* Daimler nears deal to sell half its Smart unit to China'sGeely-FT

Earnings/Performance

* China Citic Bank's 2018 net profit up4.6pct, sets fixed asset investment for 2019

* GF Securities' 2018 profit down 50percenty/y

* Changchun High & New Technology sees q1 netprofitup 60-80 percent y/y

* Fujian Sunner Development's 2018 net profit up377.8percent y/y

* Muyuan Foods' 2018 net profit down, expects toswingto red in Q1

* Dalian Port's 2018 net profit up 4.5percent y/y

* Hainan Airlines to swing to red in2018

Equity changes/IPOs

* Rongsheng Petrochemical to raise up to 8.0 blnyuanin share private placementOther moves (spin-offs, divestitures, deals)

* STO Express signs cooperation agreement withAlibaba's logistics affiliate Zhejiang Cainiao(Compiled by Luoyan Liu)

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