HK Hot Stocks: China Coal up, BlueChemical down

Tue Apr 8, 2008 10:56pm EDT
 
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HONG KONG, April 9 (Reuters) - Here are some stocks on the move in Hong Kong on Wednesday.

As of 0242 GMT, the blue chip Hang Seng Index .HSI had risen 0.25 percent after opening flat.

The China Enterprises Index of Hong Kong-listed mainland companies .HSCE, or H shares, was up 0.1 percent.

STOCKS ON THE MOVE:

* China Coal (1898.HK), the country's second-largest oil coal producer, jumped more than 5 percent ahead of its results announcement.

* China BlueChemical Ltd (3983.HK) fell as much as 5.4 percent after Norwegian fertiliser group Yara offered to sell a 1.75 percent stake in China's top producer of nitrogen ferilisers. [ID:nL08788331]

* China Railway Construction Corp Ltd (1186.HK) rose 3 percent after it said it had issued 181.54 million H shares at an offer price of HK$10.70 each to cover overallocation of shares in the international offering during its IPO. (Reporting by Judy Hua; Editing by Anne Marie Roantree)

 
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