Up to ¥21.5 billion ($1 = ¥6.7) were invested in metals, transport and chemicals stocks during the week ended 7 November 2010, representing 32% of the total weekly investment in the stock market.
SAIC Motor Corp (SHA: 600104), China's largest carmaker, is on track to both produce and sell over 3.5 million vehicles in 2010 and plans to sell 22,000 electric cars by 2012, said vice president Xiao Guopu.
Chinese banks will raise $10.5 billion via rights offer in 2010, representing 40% of the total value of rights offers in the Asia Pacific region, according to Thomson Reuters Corp.
Good Baby, China's largest infant products maker, is planning to raise $190 million in an initial public offering in Hong Kong on November 24.
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