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Shanghai Airport Down On Falling Profit, Zijin Mining Sees First Drop
600009.SH, 600121.SH, 601899.SH, Macro, Shanghai International Airport, Zhengzhou Coal Industry & Electric Power, Zijin Mining Group
Editorial Summary
The Shanghai Composite Index dove 2.33 percent to close at 3,474.722, while the Shenzhen Composite Index fell 1.27 percent to 1,045.03 on Monday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 109.16 billion and RMB 48.42 billion, respectively.
Shares of Shanghai International Airport (600009.SH) fell 8.23 percent to RMB 20.85 after the company posted declining profit for the first quarter. Company net profit fell 17.18 percent year-on-year to RMB 323.24 million, while total revenue reached RMB 746.32 million, including RMB 745.35 million from its parent company, compared to RMB 733.53 million in the year-ago period.
Shares of Zijin Mining Group (601899.SH) and Zhengzhou Coal Industry & Electric Power (600121.SH) sank 9.99 and 7.81 percent, respectively, to reach RMB 12.53 and RMB 11.92 on Monday.
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