Everbright Securities, Xiamen Port, Yangtze Power: China Equity Preview

The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the close of Aug. 13.

The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, gained 31.23, or 1.2 percent, to 2,606.70. The CSI 300 Index rose 1.4 percent to 2,855.55.

Alternative-energy producers: China may introduce a 10-year development plan for the nation’s alternative energy industry at the end of next month, the China Securities Journal reported today, citing an unidentified official with the National Energy Administration. The nation may invest 5 trillion yuan ($736 billion) in the alternative energy industry from 2011 to 2020 and create an additional 15 million jobs, it reported.

Xinjiang Goldwind Science & Technology Co. (002202 CH), the country’s biggest listed maker of wind turbines, rose 1 percent to 18.65 yuan. EVE Energy Co. (300014 CH), a manufacturer of lithium batteries, added 0.4 percent to 32.04 yuan.

Power producers: China’s power consumption rose 14 percent in July from a year earlier to 389.6 billion kilowatt-hours, the National Energy Administration said Aug. 14.

China Yangtze Power Co. (600900 CH), the owner of the world’s biggest hydropower project, gained 0.1 percent to 8.17 yuan. Datang International Power Generation Co. (601991 CH), the second-biggest Chinese power producer by market value, rose 1.2 percent to 6.97 yuan.

Agricultural Bank of China Ltd. (601288 CH): China’s largest lender by customers boosted the size of its initial public offering to $22.1 billion after selling more stock in Shanghai, making it the world’s largest first-time share sale. The shares advanced 0.4 percent to 2.69 yuan.

China Coal Energy Co. (601898 CH): The company, a unit of the country’s second-biggest producer of the fuel, said first- half profit increased 25 percent from a year earlier to 5.45 billion yuan after a rebounding economy drove up prices. Output increased 6.6 percent last month to 9.92 million tons, it said. The shares gained 1.7 percent to 9.60 yuan.

China Shenhua Energy Co. (601088 CH): The nation’s largest coal producer said production increased 2.8 percent from a year earlier to 18.3 million metric tons in July. The stock gained 1.2 percent to 22.71 yuan.

China Southern Airlines Co. (600029 CH): The nation’s biggest carrier by fleet size said 3.3 billion of its shares will become tradable on Aug. 20. The shares rose 2.3 percent to 7.60 yuan.

Everbright Securities Co. (601788 CH): China’s fifth- largest brokerage by assets said its first-half net income fell 32 percent from a year earlier to 829.2 million yuan. The shares increased 0.7 percent to 15.92 yuan.

Hong Yuan Securities Co. (000562 CH): China’s ninth-largest brokerage by market value said its first-half profit increased 40 percent from a year earlier to 731 million yuan. The shares rose 2.5 percent to 16.98 yuan.

Metallurgical Corporation of China Ltd. (601618 CH): The construction company that helped build the “Bird’s Nest” Olympic stadium in Beijing said it and a subsidiary won 13.3 billion yuan of contracts for residential projects in the city of Qinhuangdao. The stock added 1 percent to 4.13 yuan.

Shandong Expressway Co. (600350 CH): The toll-road operator said its first-half net income rose 21 percent from a year earlier to 534 million yuan. Its shares rose 1.1 percent to 4.78 yuan.

Tsingtao Brewery Co. (600600 CH): The Chinese beer company founded by German settlers more than a century ago said first- half profit rose 30 percent from a year earlier to 830 million yuan on increased demand.

Xiamen Port Development Co. (000905 CH): The Chinese port operator said its first-half net income rose 67 percent from a year earlier to 42.3 million yuan. The shares climbed 2.1 percent to 7.95 yuan.

Zhongjin Gold Corp. (600489 CH): The country’s second- largest bullion producer by market value said its board of directors has approved a private placement of as many as 150 million shares at no less than 27.35 yuan each. The shares jumped 9.9 percent to 35.09 yuan on Aug. 9 before trading was suspended.

Zijin Mining Group Co. (601899 CH): China’s largest gold producer had its Hong Kong-listed shares raised to “buy” from “hold” by BNP Paribas analysts Bruce Wang and Fannie Cui, who cited the stock’s “attractive” valuation, “excellent” growth record and its efforts in resource exploration. The stock gained 3.3 percent to 6.35 yuan.

ZTE Corp. (000063 CH): China’s second-biggest phone- equipment maker had its Hong Kong-listed shares raised to “overweight” from “neutral” by JPMorgan Chase & Co. analysts Charles Guo and Ashish Gupta, who cited an improving second-half outlook. Separately, ZTE denied a media report that its unit Shenzhen Zhongxing Communication Technology Service LLC is a shell company. The shares fell 0.2 percent to 21.40 yuan.

--Zhang Shidong, Chua Kong Ho. Editor: Andrew Reierson