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  <title>Shanghai Daily: Securities</title> 
  <link>
  	http://www.shanghaidaily.com/article/list.asp?id=40
  </link> 
  <description>Shanghai Daily Securities</description> 
  <language>en</language> 


<item>
	<title>Key index rises as drug firms finish up</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448942
	</link>
	<pubDate>11 Sep 2010 0:00:00 +0800</pubDate> 
	<category>Securities</category> 
	<author>Pan Xiaoyi</author>
	<description><![CDATA[
	SHANGHAI'S key stock index reversed earlier losses and ended higher as gains by drug makers offset losses in property developers which were worried over more tightening measures that the central government may launch....]]></description>
	<content:encoded><![CDATA[SHANGHAI'S key stock index reversed earlier losses and ended higher as gains by drug makers offset losses in property developers which were worried over more tightening measures that the central government may launch. 
 
The Shanghai Composite added 0.26 percent, or 6.86 points, to close at 2,663.21, paring this week's losses. Turnover shrank to 134.1 billion yuan (US$19.7 billion) from 157.3 billion yuan on Thursday.
 
Drug makers continued to pace gains on speculation Japan NDM-1 super bacteria and fatal tick attacks in China's Henan Province will boost demand for their products. 
 
The Ministry of Health ordered medical institutions to be on alert against the drug-resistant bacteria NDM-1, Xinhua news agency reported. 
 
China Meheco Corp jumped by the 10 percent daily cap to 18.12 yuan. Zhejiang Conba Pharmaceutical Co surged 8.3 percent to 17.19 yuan and Tianjin Tasly Pharmaceutical Co climbed 4.3 percent to 34.68 yuan. 
 
Bucking the upward trend, property shares lost after real estate prices in 70 major cities on the Chinese mainland rose 9.3 percent last month, extending their annual gain for the 15th consecutive month. It raised concerns that some adjustments in monetary policy may be unveiled to curb asset bubbles.
 
Poly Real Estate Co lost 1.8 percent to 11.12 yuan and China Merchants Property Development Co shed 3 percent to end at 17.11 yuan. 
 
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	<title>Shares rise on stronger drug producers</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448911
	</link>
	<pubDate>10 Sep 2010 16:17:44 +0800</pubDate> 
	<category>Securities</category> 
	<author>Pan Xiaoyi</author>
	<description><![CDATA[
	SHANGHAI'S key stock index reversed earlier losses and ended higher as gains by drug makers offset losses in property developers, which underperformed the market on concerns over more tightening measures. 
 
The...]]></description>
	<content:encoded><![CDATA[SHANGHAI'S key stock index reversed earlier losses and ended higher as gains by drug makers offset losses in property developers, which underperformed the market on concerns over more tightening measures. 
 
The benchmark Shanghai Composite added 0.26 percent, or 6.86 points, to close at 2,663.21 points, paring this week's losses. Turnover shrank to 134.1 billion yuan (US$19.7 billion) from 157.3 billion yuan.
 
The Shenzhen Composite Index, which tracks the smaller domestic market, rose 0.7 percent to close at 1,187.44 points.
 
Drug makers continued to pace gains on speculation Japan NDM-1 super bacteria and fatal tick attacks in China's Henan Province will boost demand for their products. The Ministry of Health ordered medical institutions to be on alert against the drug-resistant bacteria NDM-1, Xinhua News Agency reported. 
 
China Meheco Corp jumped by the 10 percent daily cap to 18.12 yuan. Zhejiang Conba Pharmaceutical Co surged 8.3 percent to 17.19 yuan. Tianjin Tasly Pharmaceutical Co climbed 4.3 percent to 34.68 yuan. 
 
Bucking the upward trend, property shares lost after real estate prices in 70 major cities on the Chinese mainland rose 9.3 percent last month, extending their year-on-year gain for the 15th consecutive month. It raised concerns about some adjustments in monetary policy to curb asset bubbles.
 
And the concerns intensified as the National Bureau of Statistics decided to release Consumer Price Index, Producer Price Index and other economic data on Saturday, two days ahead of schedule, because the central bank often unveil big policy changes on weekends. 
 
Poly Real Estate Co lost 1.8 percent to 11.12 yuan and China Merchants Property Development Co retreated 3 percent to 17.11 yuan. Gemdale Corp eased 2.2 percent to 6.27 yuan. 
 
Elsewhere, China State Construction Engineering Corp dropped 0.9 percent to 3.51 yuan after saying the contract value in the first eight months rose 56 percent from a year ago.]]></content:encoded>
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<item>
	<title>Housing price gain sends market lower</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448904
	</link>
	<pubDate>10 Sep 2010 12:36:25 +0800</pubDate> 
	<category>Securities</category> 
	<author>Pan Xiaoyi</author>
	<description><![CDATA[
	SHANGHAI'S key stock index ended lower in the morning session on concerns that more tightened measures will be unveiled after property prices continue to rise in August.
 
And the concerns intensified as the National...]]></description>
	<content:encoded><![CDATA[SHANGHAI'S key stock index ended lower in the morning session on concerns that more tightened measures will be unveiled after property prices continue to rise in August.
 
And the concerns intensified as the National Bureau of Statistics decided to release Consumer Price Index, Producer Price Index and other economic data on tomorrow, two days ahead of schedule. 
 
"The inflation level may outpace market expectation and the government wants more time for investors to digest the news," said Xu Yinbin, an analyst from Nanjing Securities.
 
There are also market speculations the economic data may come along with some adjustments in the monetary policy to curb bubbles in both the housing market and the consumer market. 
 
The benchmark Shanghai Composite Index dipped 0.63 percent, or 16.82 points, to close at 2,639.53 points, driving the gauge to a weekly loss. Turnover stood at 69.3 billion yuan (US$10.2 billion).
 
The Shenzhen Composite Index, which tracks the smaller domestic market, lost 0.8 percent to close at 1,169.73 points.
 
Real estate prices in 70 major cities on the Chinese mainland rose 10.3 percent last month, extending their year-on-year gain for the 15th consecutive month, national statistics bureau said today.
 
Wang Qing, an economist at Morgan Stanley, expected China's Consumer Price Index may edge up to 3.4 percent year on year in August, the highest since October 2008.
 
Property shares and lenders led the decliners. Poly Real Estate Co lost 2.1 percent to 11.08 yuan and Shanghai Shimao Corp withdrew 1.7 percent to 11.91 yuan. Shanghai Pudong Development Bank eased 1 percent to 13.4 yuan. 
 
Bucking the downward trend, drug makers gained after 18 people had died of infections from a series of tick bites. China Meheco Corp jumped 6 percent to 17.45 yuan. Tianjin Tasly Pharmaceutical Co climbed 2.7 percent to 34.15 yuan. 
 
Elsewhere, China State Construction Engineering Corp dropped 1 percent to 3.5 yuan after saying contract value in the first eight months rose 56 percent from a year ago.]]></content:encoded>
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	<title>Stocks extend gains after drop in jobless claims</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448890
	</link>
	<pubDate>10 Sep 2010 7:51:02 +0800</pubDate> 
	<category>Securities</category> 
	<author></author>
	<description><![CDATA[
	STOCKS extended their September rally yesterday following more encouraging news on the job market.
 
The Dow Jones industrial average rose 28 points after the Labor Department said first-time claims for unemployment...]]></description>
	<content:encoded><![CDATA[STOCKS extended their September rally yesterday following more encouraging news on the job market.
 
The Dow Jones industrial average rose 28 points after the Labor Department said first-time claims for unemployment benefits fell last week to the lowest level in two months. In another hopeful sign on the economy, the trade deficit narrowed in July.
 
Stocks pared their gains in the afternoon after a report came out saying Deutsche Bank is considering raising new money through a stock sale in what could be another troubling sign for European banks. Trading volume was very light.
 
The jobs report came in much better than analysts had expected and added to other positive signals on the economy, including a pickup in job creation for August reported last week. Treasury prices and gold fell as investors found themselves with more appetite for risk.
 
"The employment report is still the king of kings," said Edwin Denson, head of market strategy at Singer Partners LLC. "The labor market is still the indicator, that if it's positive, would give people the most comfort."
 
Unemployment claims have still not fallen enough to suggest that widespread hiring is around the corner, but investors have taken solace in recent employment news that suggest the economy will continue to grow slowly during the rest of the year. Traders concerned about the potential for the economy to slide back into recession drove stocks lower through most of August.
 
"All we need is slightly good news ... relative to expectations, and at this point expectations are relatively poor," said Tyler Vernon, principal and portfolio manager at Biltmore Capital Advisors.
 
Stocks have rallied since the beginning of September on the improving outlook for the economy, and have risen in six out of the past seven days.
 
The Dow Jones industrial average rose 28.23, or 0.3 percent, to close at 10,415.24. The Dow had risen as much as 90 points earlier.
 
The Standard & Poor's 500 index rose 5.31, or 0.5 percent, to 1,104.18, while the Nasdaq composite index rose 7.33, or 0.3 percent, to 2,236.20.
 
Rising stocks outpaced those that fell three to two on the New York Stock Exchange, where volume was extremely low at 840 million shares.
 
First-time claims for unemployment benefits fell to 451,000 last week, much better than the 470,000 expected by analysts polled by Thomson Reuters. But that's still well above the 400,000 level that economists say is a signal of strong economic growth and job creation.
 
Bond prices fell, sending the yield on the 10-year Treasury note up to 2.76 percent from 2.66 percent late Wednesday. That yield helps set interest rates on mortgages and other consumer loans.
 
The Dow had already jumped 3.7 percent in September heading into trading yesterday. Stocks have climbed all but one day so far this month. Major indexes took a pause from the recent rally on Tuesday when worries about European government debt problems flared up early in the week.
 
There were concerns during the spring that mounting European debt would stunt a global recovery. Stocks fell sharply through much of the spring because of those worries.
 
Those worries largely dissipated after several European nations successfully auctioned new debt this week. However the Deutsche Bank report, which came out after European markets closed, could again renew questions about whether banks there could handle losses if government's default.
 
Deutsche Bank shares fell US$1.97, or 3.2 percent, to US$59.99.
 
In corporate news, McDonald's Corp. shares dropped as a jump in monthly sales fell short of expectations. The fast-food chain's stock has been climbing steadily throughout the year as sales rose. McDonald's shares fell US$1.71, or 2.3 percent, to US$74.37.
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<item>
	<title>Index sees its biggest fall in two weeks</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448861
	</link>
	<pubDate>10 Sep 2010 0:15:22 +0800</pubDate> 
	<category>Securities</category> 
	<author>Ding Yining and Feng Jianmin</author>
	<description><![CDATA[
	SHANGHAI'S stock market dropped the most in two weeks after commodity producers fell and property shares were weak.
 
The Shanghai Composite Index lost 1.44 percent, or 38.94 points, to close at 2,656.35. Turnover...]]></description>
	<content:encoded><![CDATA[SHANGHAI'S stock market dropped the most in two weeks after commodity producers fell and property shares were weak.
 
The Shanghai Composite Index lost 1.44 percent, or 38.94 points, to close at 2,656.35. Turnover was 157.3 billion yuan (US$23.2 billion).
 
Heavily weighted energy shares and steel producers dragged the index down. China Shenhua Energy Co, the country's biggest coal producer, fell 2.1 percent to 23.72 yuan. PetroChina was down 1 percent to 10.19 yuan. Baoshan Iron & Steel Co lost 3.31 percent to 6.71 yuan. 
 
"The index may fluctuate around 2,660 points before the announcement of macroeconomic data for August as most investors remain cautious about macroeconomic policies in the future," Xiangcai Securities wrote in a research note.  
 
Commodity producers retreated as metal and rubber prices dropped in Shanghai after the Securities Times reported that the China Securities Regulatory Commission was investigating a Zhejiang-based brokerage of alleged manipulation of the natural rubber market.
 
Jiangxi Copper Co fell 1.69 percent to 33.81 yuan. Shandong Gold Mining Co slid 3.51 percent to 43.71 yuan. Zijin Mining Co was down 3.13 percent to 6.50 yuan. 
 
Follow-up measures will be introduced to curb the real estate market. China Vanke Co, the nation's biggest listed company, slid 3.38 percent to 8.28 yuan amid concern. Gemdale Corp lost 1.69 percent to 6.41 yuan. 
 
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<item>
	<title>Shanghai shares drop on weaker external outlook</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448817
	</link>
	<pubDate>9 Sep 2010 16:24:32 +0800</pubDate> 
	<category>Securities</category> 
	<author>Ding Yining and Feng Jianmin</author>
	<description><![CDATA[
	SHANGHAI'S key stock gauge fell the most in two weeks on concerns of a slower economic recovery in the United States. Metal producers dropped on news that regulators would investigate large futures positions in Shanghai....]]></description>
	<content:encoded><![CDATA[SHANGHAI'S key stock gauge fell the most in two weeks on concerns of a slower economic recovery in the United States. Metal producers dropped on news that regulators would investigate large futures positions in Shanghai. 
 
The benchmark Shanghai Composite Index fell 1.44 percent, or 38.94 points, to close at 2,656.35 points. Turnover was 157.3 billion yuan (US$ 23.2 billion).
 
The Shenzhen Composite Index, which tracks the smaller domestic market, lost 1.37 percent to close at 1,179.13 points.
 
A report from the US Federal Reserve said yesterday that the economy was showing "widespread signs of a deceleration."
 
Heavily-weighted energy shares and steel producers dragged down the index. China Shenhua Energy Co, the country's biggest coal producer, fell 2.1 percent to 23.72 yuan. PetroChina, the biggest index component, was down 1 percent to 10.19 yuan. Baoshan Iron & Steel Co lost 3.31 percent to 6.71 yuan. 
 
Commodity producers retreated as metal and rubber prices dropped in Shanghai on rumors that the China Securities Regulatory Commission was probing large futures positions of natural rubber, and trading of financial derivatives with illegal bank loans.
 
But the Shanghai Futures Exchange announced that it has yet to receive any notice so far.
 
Jiangxi Copper Co fell 1.69 percent to 33.81 yuan. Shandong Gold Mining Co slid 3.51 percent to 43.71 yuan. Zijin Mining Co was down 3.13 percent to 6.50 yuan. 
 
Banks were also flat. Industrial Bank retreated 2.43 percent to 13.23 yuan. Bank of Communications lost 0.67 percent to 5.97 yuan. Shanghai Pudong Development Bank slid 2.52 percent to 13.54 yuan.]]></content:encoded>
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	<title>Commodity and financial shares drop in Shanghai</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448811
	</link>
	<pubDate>9 Sep 2010 12:33:58 +0800</pubDate> 
	<category>Securities</category> 
	<author>Ding Yining</author>
	<description><![CDATA[
	SHANGHAI'S key stock index lost more than 1 percent in the morning session after commodity producers retreated from earlier gains and financial shares plunged. 
 
The benchmark Shanghai Composite Index fell 1.03...]]></description>
	<content:encoded><![CDATA[SHANGHAI'S key stock index lost more than 1 percent in the morning session after commodity producers retreated from earlier gains and financial shares plunged. 
 
The benchmark Shanghai Composite Index fell 1.03 percent, or 27.69 points, to close at 2,667.60 points. Turnover was 82.6 billion yuan (US$12 billion).
 
The Shenzhen Composite Index, which tracks the smaller domestic market, lost 0.84 percent to close at 1,185.46 points. 
 
Commodity producers retreated from earlier gains. Jiangxi Copper Co fell 3.15 percent to 22.16 yuan. Shandong Gold Mining Co slid 2.16 percent to 44.32 yuan. Zijin Mining Co was down 3.28 percent to 6.49 yuan. 
 
Banks were weak. Industrial Bank Co retreated 3 percent to 24.55 yuan. Bank of Communications lost 1.33 percent to 5.93 yuan. Shanghai Pudong Development Bank slid 2.45 percent to 13.55 yuan.  
 
Heavily-weighted energy shares and steel producers also dragged down the index. China Shenhua Energy Co, the country's biggest coal producer, fell 1.98 percent to 23.75 yuan. PetroChina, the biggest index component, was down 0.78 percent to 10.21 yuan. Baoshan Iron & Steel Co lost 2.31 percent to 6.78 yuan. 
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<item>
	<title>Stocks resume rally as European debt worries ease</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448796
	</link>
	<pubDate>9 Sep 2010 8:12:40 +0800</pubDate> 
	<category>Securities</category> 
	<author></author>
	<description><![CDATA[
	STOCKS resumed their rally yesterday after a successful auction of Portuguese government debt eased worries about Europe's financial system.
 
The Dow Jones industrial average gained 46 points, and broader indexes...]]></description>
	<content:encoded><![CDATA[STOCKS resumed their rally yesterday after a successful auction of Portuguese government debt eased worries about Europe's financial system.
 
The Dow Jones industrial average gained 46 points, and broader indexes also rose. European markets reversed their losses after the results of the auction were announced.
 
Major indexes pulled back from their highs in the afternoon after the Federal Reserve said more regions of the country saw slower growth late in the summer. The Fed's "beige book" report on regional economic activity showed five of the 12 regions tracked by the Fed showed mixed or slowing activity compared with just two during the most recent report in July.
 
JPMorgan Chase & Co. and other banks led the market higher, reversing a downturn from the day before. Stocks had fallen on Tuesday, breaking a four-day winning streak, following news reports that European banks held larger amounts of risky government debt on their books than had previously been disclosed.
 
Energy stocks rose after Fitch Ratings raised its credit rating of BP. BP also released an internal report that largely spread blame from the oil spill in the Gulf of Mexico to rig owner Transocean Ltd. and contractor Halliburton Co. as well as itself.
 
The Dow Jones industrial average gained 46.32, or 0.5 percent, to close at 10,387.01. The Dow had been up as much as 86 points earlier in the day before paring those gains after the Fed's regional economic report came out.
 
The S&P 500 index rose 7.03 or 0.6 percent, to 1,098.87, while the Nasdaq rose 19.98, or 0.9 percent, to 2,228.87
 
The two-day swing based on the ebb and flow of European debt fears fit into a recent pattern of jittery trading in recent weeks in response to economic news.
 
"There seems to be a fixation on the latest news and data," said Mike McGervey, president of McGervey Wealth Management. Mixed economic news has helped keep stocks stuck in a tight range in recent weeks.
 
European markets rose. Britain's FTSE 100 rose 0.4 percent, Germany's DAX index gained 0.8 percent, and France's CAC-40 rose 0.9 percent.
 
About two stocks rose for every one that fell on the New York Stock Exchange, where volume was low at 880 million shares.
 
Volume remains very thin, which means many traders are avoiding stocks altogether. Many investors are waiting to get a better sense of the pace of recovery and to see what might happen during November's elections.
 
Rick Fier, an equities trader at Conifer Securities, said the elections more than the economy are likely to be the catalyst that moves the market higher in the coming months. Traders are assuming that the recovery will be slow and uneven, but growth will remain in place over the next few months, he said.
 
Uncertainty about potential tax increases and the costs associated with health care and financial regulatory reform have helped to keep businesses from hiring, which in turn has slowed the recovery. The results of the elections should provide businesses and investors with a clearer sense of those issues.
 
In corporate news, women's clothing retailer Talbots Inc. said its fiscal second quarter profit rose, but its outlook for the third quarter fell short of expectations. Shares dropped 14 cents to US$10.97 on the cautious outlook.
 
BP shares rose US$1.18, or 3.2 percent, to US$38.37. Halliburton rose 37 cents to US$30.21. JPMorgan Chase rose 86 cents, or 2.3 percent, to US$39.14.
 
Treasury prices bounced off their lows after an auction for 10-year notes was well received by investors. The yield on the 10-year Treasury note, which moves opposite its price, rose to 2.66 percent from 2.60 percent late Tuesday. Its yield helps set interest rates on mortgages and other loans.
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<item>
	<title>Banks and property pull key index down</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448735
	</link>
	<pubDate>9 Sep 2010 0:00:00 +0800</pubDate> 
	<category>Securities</category> 
	<author>Feng Jianmin and Ding Yining</author>
	<description><![CDATA[
	SHANGHAI'S key stock index closed slightly lower yesterday as property developers and banks fell on worries that a rebound in home prices may see more stringent measures being unveiled, while gold miners gained.
...]]></description>
	<content:encoded><![CDATA[SHANGHAI'S key stock index closed slightly lower yesterday as property developers and banks fell on worries that a rebound in home prices may see more stringent measures being unveiled, while gold miners gained.
 
The Shanghai Composite edged down 0.11 percent, or 3.07 points, to close at 2,695.29. Turnover stood at 131 billion yuan (US$19.3 billion).
 
The statistics bureaus in Beijing and Shanghai have launched an investigation into the vacancy rates of residential properties to collect data to help improve methodology in drafting follow-up policies to curb property bubbles, China Business News cited unnamed sources yesterday.
 
That spurred market worries that the central government may restrict property companies' fund-raising activities, which would hurt sales revenue and earnings.
 
Poly Real Estate Co dropped 2.8 percent to 11.80 yuan and China Vanke fell 2.39 percent to 8.57 yuan. Gemdale Corp lost 2 percent to 6.52 yuan and China Merchants Property Development Co slid 3.43 percent to 18.17 yuan.
 
Banks also closed lower after the Shanghai Securities News reported yesterday that the China Banking Regulatory Commission may order them to increase reserves to hedge against bad loan risks.
 
Bank of China dipped 0.88 percent to 3.37 yuan, Industrial and Commercial Bank of China lost 1 percent to 4.09 yuan and China Merchants Bank dropped 2 percent to 13.56 yuan.
 
Gold miners bucked the downward trend after bullion traded at US$1,251.30 an ounce on Tuesday, the highest level since June this year, as investors pursued alternative investment.
 
Zhongjin Gold Co rose 3.1 percent to 36.29 yuan. Shandong Gold Mining Co, China's third-largest bullion firm, gained 2.88 percent to 45.30 yuan.
 
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<item>
	<title>Developers and banks drop amid tightening concerns</title> 
	<link>
	
	http://www.shanghaidaily.com/article/?id=448698
	</link>
	<pubDate>8 Sep 2010 16:24:05 +0800</pubDate> 
	<category>Securities</category> 
	<author>Feng Jianmin</author>
	<description><![CDATA[
	SHANGHAI'S key stock index closed slightly lower as property developers and banks trailed on worries that a rebound in home prices may incur more strict measures. Gold miners gained.
 
The benchmark Shanghai Composite...]]></description>
	<content:encoded><![CDATA[SHANGHAI'S key stock index closed slightly lower as property developers and banks trailed on worries that a rebound in home prices may incur more strict measures. Gold miners gained.
 
The benchmark Shanghai Composite edged down 0.11 percent, or 3.07 points, to close at 2,695.29 points. Turnover stood at 131 billion yuan (US$ 19.3 billion), slightly higher than yesterday morning's 123.6 billion yuan.
 
The Shenzhen Composite Index, which tracks the smaller mainland market, went up 0.75 percent to 1195.47 points.
 
Media reports said that Beijing and Shanghai have already launched investigation on house vacancy to collect information and improve methodology for drafting future policies.
 
That spurred market worries that the central government may force property developers to offer discounts by restricting their fund raising activities.
 
Poly Real Estate Co dropped 2.8 percent to 11.80 yuan. China Vanke fell 2.39 percen to 8.57 yuan. Gemdale Corp lost 2 percent to 6.52 yuan. China Merchants Property Development Co slid 3.43 percent to 18.17 yuan.
 
Banks fell after the Shanghai Securities News reported that the China Banking Regulatory Commission may order banks to increase reserves to hedge against bad loan risks.
 
Bank of China dipped 0.88 percent to 3.37 yuan. Industrial and Commercial Bank of China lost 1 percent to 4.09 yuan. China Merchants Bank dropped 2 percent to 13.56 yuan.
 
Gold miners led the gainers as bullion price approaches historical high as an alternative investment among weak equities.
 
Zhongjin Gold Co rose 3.1 percent to 36.29 yuan. Shandong Gold Mining Co, China's third-largest bullion producer, gained 2.88 percent to 45.30 yuan. Zijin Mining Group Co jumped 3.55 percent to 6.71 yuan. 
 
New energy companies gained on speculation that China may invest as much as 5 trillion yuan to develop nuclear, wind and solar power, and to upgrade traditional power generators.
 
Sufa Technology Industry Co, provider of equipment for nuclear power stations, rose 3.18 percent to 24.99 yuan. Ning Xia Yin Xing Energy Co went up 3.9 percent to 13.74 yuan.]]></content:encoded>
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