PRE-MARKET CHINESE STOCK NEWS: Chinese Trade Data due for release today

CSPC Pharmaceutical (1093 HK)
- Co. to raise HKD 2.35bln via share offering of 189mln shares at HKD 12.44/Shr vs, last close HKD 13.24/Shr. (Newswires)

Dongfeng Motor (489 HK)
- Co. September vehicle sales rose 2.3% Y/Y to 278.6K units. (Newswires)

Future Land Development (1030 HK)
- Co. September contract sales CNY 11.0bln. (Newswires)

Guangnan Holdings (1203 HK)
- Co. issues profit warning in which it sees 9-month profit to decline by about 30% Y/Y. (Newswires)

- Co. chose retail banking and wealth management division chief John Flint as new group CEO. (SCMP)

PW Medtech (1358 HK)
- Co. is to sell 80% interest in TianXinFu to China Biologic. (Newswires)

Tencent Holdings (700 HK)
- Co. China Literature received approval for a Hong Kong listing. (Newswires)

Auto related
- Chinese electric vehicle sales rose in September by nearly 80% Y/Y. (SCMP)

Other News
- China SOE’s 9-month net profit rose 18.4% Y/Y to a record CNY 1.11tln. (CEN)

13 Oct 2017 - 02:02- Research Sheet- Source: Newswires

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