PRE-MARKET CHINESE STOCK NEWS: Ping An Insurance (2318 HK) reports 9-month premium income CNY 313.9bln

Asia Cement Holdings (743 HK)
- Co. issued a positive profit alert. (Newswires)

China Foods (506 HK)
- Co. reports major HKD 1.4bln transaction involving sale of equity interests in target firms and announces special dividend payment of HKD 0.93/Shr. (Newswires)   

GF Securities (1776 HK)
- September net CNY 465.1mln. (Newswires)

Jiangxi Copper Company (358 HK)
- Co. guides 9-month net to increase between 50%-70% Y/Y. (Newswires)

Ping An Insurance (2318 HK)
- Co. reports 9-month premium income CNY 313.9bln. (Newswires)

Property
- China’s commercial banks have started asking clients of “proof of use” for consumer loans, amid tighter regulations by the government to restrict loans from being used to acquire property. (SCMP)

Other News
- China State Information Centre Economist stated that China should tighten its monetary policy and toughen property curbs. (Newswires)
- China Sept fiscal revenues rose 9.2% Y/Y to CNY 2.27tln (Prev. +7.2%), fiscal spending rose 1.7% Y/Y to CNY 2.02tln (Prev. +2.9%). (Newswires)
 

17 Oct 2017 - 02:04- Research Sheet- Source: Newswires

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