PRE-MARKET CHINESE STOCK NEWS: Guangzhou Auto (2238 HK) is in discussions with Fiat Chrysler (FCA IM) to deepen their cooperation in China

China CYTS Tours Holdings (600138 CH)
- Co. shares have been halted pending major plan. (Newswires)

China Jinmao Holdings (817 HK)
- Co. is to sell stake in Xingwaitan Development. (Newswires)

COSCO Shipping Energy Transportation (1138 HK)
- Co. is to buy 7 oil tankers valued at CNY 3.67bln. (Newswires)

Guangzhou Auto (2238 HK)
- Co. is in talks with Fiat Chrysler (FCA IM) to deepen their cooperation in China. (Newswires)

L’Occitane (973 HK)
- Co. final H1 net EUR 10.7mln vs. Prev. EUR 26.4mln. (Newswires)

Tencent (700 HK)
- Co. and BOC HK (2388 HK) are planning a cross-border mobile payment service. (Newswires)

Energy
- Shenhua Group and China Guodian Corp, announced they completed their merger into a new entity called China Energy Investment Corp. (CEN)

Other News
- China released a draft law on resource tax as part of efforts to conserve natural resources and protect the environment. (CEN)
- PBoC is to continue improving its policy framework, which involves the use of both monetary tools and macro-prudential regulation, according to an official report. (CEN)

21 Nov 2017 - 01:02- Research Sheet- Source: Newswires

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