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* HK->Shanghai Connect daily quota used 4 pct, Shanghai->HK daily quota used 40.8 pct
* SSEC +0.4 pct, CSI300 +0.5 pct, HSI -0.2 pct
* CNY official close 6.6790 per dollar
* FTSE China A50 +0.4 pct, BNY Mellon ADR China Select Index -0.6 pct
Sept 1 (Reuters) – Following is a list of recent corporate and policy announcements, as well as other news that might affect Chinese financial markets.
Policy, government, sector news:
* China faces difficulties to meet economic targets – state planner head
* China fin min says local govt debt swaps at 2.96 trln yuan Jan-Jul – Xinhua
* China will set up seven more free trade zones – Xinhua
* China pushes for green finance development
* China considers plan to boost residential green power use – think tank
* China QFII quota rises to $81.48 bln at end-August – FX regulator
* China’s Xiamen city revives measures restricting house purchases
* Baosteel sees China’s 2016 steel consumption down nearly 3 pct y/y PMI to watch:
* China’s official Aug manufacturing PMI and Caixin manufacturing PMI will be out this morning
* Official manufacturing PMI expected to be unchanged from July – Reuters poll
Company moves:
Earnings/Performance
* Ningbo Port’s August container throughput up 11.8 pct, cargo throughput down 1.5 pct
Equity changes/IPOs
* Yunnan Chuangxin New Material’s IPO 3,275.4 times oversubscribed in online tranche
* Xintai Natural Gas’ IPO 5,731.3 times oversubscribed in online tranche
* Shanghai Fosun Pharma’s controlling shareholder raises stake
* China Transinfo’s shareholder Unisplendour cuts stake
* Humanwell Healthcare to raise up to 2.8 bln yuan in private placement
M&A
* Fosun in talks to buy stake in Russia’s Renaissance Capital-sources
* China Molybdenum’s unit gets Zambia competition authorities’ approval to acquire stake in Tenke project
* Chongqing Iron & Steel signs restructuring agreement
* Yango Group to raise up to 7 bln yuan in private placement to fund property projects Regulation
* Chairman & president of Shanghai Yanhua Smartech Group arrested for allegedly involving in insider trading Other moves (spin-offs, divestitures, deals)
* China Railway Construction’s consortium wins 21.4 billion yuan highway contracts
* China CAMC Engineering’s unit signs Wuhan construction contract worth about 149.4 million yuan
* Alpha Group unit to set up fund management JV and 1 bln yuan buyout fund
* Guangzhou Haige Communications signs supply contract worth about 250 mln yuan (Compiled by Luoyan Liu; Editing by Shri Navaratnam)
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