文档介绍：Stock Markets in China
A-shares in Shanghai and Shenzhen ended % lower as
petrochemical producers and panies were pressured by
profit worries. Petrochemical stocks sagged on cost concerns, as
crude prices remain high. Asia's largest oil refiner China Petroleum
Weekly & Chemical Corp (Sinopec) (SHA 600028; HK 0386; NYSE SNP) fell
Review , or %, to while Jinzhou Petrochemical Co Ltd
(SZA 000763) lost , or %, to . ST Jilin Chemical
Industrial Co Ltd (SZA 000618; HK 0368) slipped , or
6 Dec 2004 %, to and Sinopec Yangzi Petrochemical Co Ltd (SZA
000866) lost , or %, to . Among other losing
counters, Beijing Double-Crane Pharmaceutical Co Ltd (SHA
600062) fell , or %, to after it said China
Worldbest Life Industry had acquired a 50% stake in its largest
shareholder, Beijing Pharmaceutical Group Co.
Automakers were hit by official statistics showing that their
January-September profits fell for the first time in five years. The
National Bureau of Statistics said that in the first three quarters,
combined profits in the automobile industry fell % yoy, the first
drop since 1999, bined profits of the third quarter falling
pct yoy, due to price cuts and falling output and sales. The
downturn of auto industry is expected to stay, as overall out