Dec. 9 （Bloomberg） -- The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close.
The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, dropped 27.31, or 1 percent, to 2,848.55. The CSI 300 Index fell 0.9 percent to 3,171.88.
Aluminum Corp. of China Ltd. （601600 CH）: Xiong Weiping, the chairman of parent Aluminum Corp. of China, said he expects the company to post an annual net profit for this year, compared with a net loss of 7.25 billion yuan （$1.1 billion） last year, the China Daily reported. The company, the listed unit of nation’s biggest maker of the lightweight metal and also called Chalco, fell 0.5 percent to 10.22 yuan.
Bank of Communications Ltd. （601328 CH）: The bank that’s part-owned by HSBC Holdings Plc said it has set up a rural banking unit in Xinjiang. The stock fell 1.8 percent to 5.57 yuan.
China Construction Bank Corp. （601939 CH）: The country’s second-largest bank aims to buy stakes in Taiwan banks, the Commercial Times reported, citing chairman Guo Shuqing. The company is also planning to apply to set up an office on the island, according to the Taipei-based Chinese-language daily. The shares dropped 1.2 percent to 4.77 yuan.
China Eastern Airlines Corp. （600115 CH）: The second- largest carrier said it expects to reach an agreement on combining air-cargo ventures this month as it consolidates operations following the acquisition of Shanghai Airlines Co. The shares rose 0.3 percent to 7.11 yuan.
Gemdale Corp. （600383 CH）: The property developer said sales in the first 11 months rose 36 percent to 24.3 billion yuan after surging 236 percent last month. The stock fell 1.8 percent to 5.91 yuan.
GF Securities Co. （000776 CH）: The securities firm agreed to sell a controlling stake in a brokerage unit for 2.5 billion yuan. GF Securities earlier invested 332 million yuan for the 60.35 percent stake in GF Huafu Securities Co. The stock gained 0.4 percent to 52.50 yuan.
Henan Yuguang Gold & Lead Co. （600531 CH）: The largest lead producer said it plans to raise as much as 650 million yuan in a rights offer by issuing three shares for every 10 held by investors at 9.49 yuan each. The stock fell 5.4 percent to 37.86 yuan.
Ping An Insurance （Group） Co. （601318 CH）: The second- biggest insurer may pay 6.58 billion yuan for a stake in Shanghai Jahwa United Co. （600315 CH）, the China Business News reported, citing an unidentified person close to Shanghai’s state-owned assets agency. Ping An lost 1.9 percent to 59.21 yuan. Shanghai Jahwa added 0.4 percent to 37.13 yuan on Dec. 3 before suspension.
ZTE Corp. （000063 CH）: The second-biggest phone-equipment maker won an $85 million contract with Aircel Ltd. to build and deploy a third-generation network for the Indian mobile-service provider. The shares slid 0.2 percent to 27.15 yuan.
--Zhang Shidong, Luo Jun. Editor: Glenn J. Kalinoski
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