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China Press/Corporate Summary Ahead of Open   
Tue, 30 Jun 09:32 PM EST/02:32 AM GMT
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China economic planner NDRC eyes to accelerate development of urban rail networks and logistics services so as to strengthen economic growth. As of May, China has invested over CNY3T in 7 packages of major infrastructure projects this year. Similar campaigns are also announced behind emerging industries and manufacturing.

China posted official manufacturing PMI and services PMI for June. Manufacturing PMI remains the same as last month while services PMI rose 0.6 ppts compared with prior, marking 4-month high.

Hong Kong market is closed for holiday.

Premarket movers:
- Hangzhou Tigermed Consulting 300347.CN +2.7% (H1 guidance)
- BesTV New Media Co 600637.CN -1.7% (H1 guidance)
- Poly Real Estate Group 600048.CN -1.9% (investment in expressway company)
- Bank of Nanjing Co 601009.CN -3.4% (S&P cuts rating)
- Jiangsu Huachang Chemical Co 002274.CN +0.6% (raises H1 guidance)
- Guotai Junan International Holdings 601211.CN +2.2% (lowers margin requirement for certain stocks)
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