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China B-shares end morning mixed; Shanghai up on coalmaker's profit


Published :
Tue, 16 Oct 2007 04:55
By : Agencies
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SHANGHAI (XFN-ASIA) - China B-shares ended the morning session mixed, with the Shanghai benchmark index largely supported by gains in heavyweight Inner Mongolia Yitai Coal after the company announced strong net profit growth for the nine months to September.

The Shanghai B-share Index rose 2.82 points to 389.96, while the Shenzhen B-share Index lost 1.64 points at 757.96.

The FTSE/Xinhua China B 35 Index was up 83.40 points at 12,972.59.

Inner Mongolia Yitai Coal Co Ltd (SHB 900948) surged usd 0.688 usd to 11.200, after it said its net profit for the nine months to September rose 70.64 pct year-on-year.

(1 usd = 7.51 yuan)

lilian.wu@xfn.com

lw/net

-

xfnlw/xfnnt

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Copyright Thomson Financial News Limited 2007. All rights reserved.

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