China Stocks-Factors to watch on Tuesday

By Kitco News / June 05, 2017 / www.kitco.com / Article Link

* PREVIOUS TRADING SESSION MOVES:

* SSEC -0.5 pct, CSI300 -0.5 pct, HSI -0.2 pct

* HK->Shanghai Connect daily quota used 6.7 pct

* HK->Shenzhen Connect daily quota used 7.8 pct, Shenzhen->HK daily quota used 4.6 pct

* CNY official close 6.8046 per dollar

* FTSE China A50 -1.1 pct, BNY Mellon ADR China Select Index -0.3 pct


SHANGHAI, June 6 (Reuters) - Following is a list of recent corporate and policy announcements, as well as other news that might affect Chinese financial markets.Policy, government, sector news:

* PREVIEW-China May data to show stable growth as exports stay solid * Moody's says Chinese structured finance ratings can be above sovereign level * Foreign investors increase Chinese debt holdings in May * China's Tangshan starts new campaign to implement steel cuts Company moves:

In focus

* Indebted Huishan Dairy to miss results deadline, says finances unclear * Jushenghua's Vankeshares pledged to Penghua Asset Mgt have been released Earnings/Performance

* Leyard Optoelectronic sees H1 net profit up 90-110 pct y/y

* Guangdong Wens Foodstuff's hog sales, average prices down in May * Future Land's contract sales up 96.5 pct y/y in January-May * Guangzhou Baiyun Airport's passenger, cargo throughput up in May * Dongfeng Automobile sold 71,793 vehicles in Jan-May, up 3.15 percent y/y


Equity changes/IPOs

* Konfoong Materials' Shenzhen IPO 2,835.7 times oversubscribed in online tranche

* Shanghai Vohringer Wood Product's Shanghai IPO 8,755.06 times oversubscribed in online tranche

* Zhejiang Jihua's Shanghai IPO 5,108.17 times oversubscribed in online tranche


M&A

* Shangying Global to acquire Shanghai firm for 1.7 bln yuan via share issue Trading halt/resumption

* Industrial Securities' shares to resume trading on June 6 * Shanghai Waigaoqiao Free Trade Zone'sshare trade to halt pending announcement


Other moves (spin-offs, divestitures, deals)

* Beijing Shouhang plans to invest in solar power project with Saudi Arabia firm * China Fortune Land , unit plan investment and cooperation with partners * Guangzhou Automobileplans to set up new energy car unit


(Compiled by Luoyan Liu; Editing by Joseph Radford)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities,securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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