Bloomberg News

China Equity Movers: China Railway Erju, EGing, Titan Wind

July 31, 2012

China’s Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, falls 0.3%, capping 5.5% decline this month. CSI 300 Index drops 0.1%.

ADVANCERS: * China Railway Erju (600528 CH) +3%; Gem-Year Industrial (601002 CH) +3.3%; Chinese cities may spend at least 1 tln yuan building subways from 2010-2015, China Daily reports

DECLINERS: * EGing Photovoltaic Technology (600537 CH) -2.5%, lowest close since September 2009; Zhejiang Sunflower (300111 CH) -4.9%, lowest close on record; Trina Solar (TSL US) lowers estimate of 2Q solar module shipments by as much as 25% * Yunnan Aluminium (000807 CH) -3.5%; Co. to absorb Yunnan Wansheng Carbon, exchange statement says * Titan Wind Energy (002531 CH) -10% daily limit; U.S. Commerce Department set 20.85% preliminary anti-dumping duty on wind- tower imports from Co.

To contact Bloomberg News staff for this story: Zhang Shidong in Shanghai at szhang5@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net


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