Leo Zhang/Shanghai Daily news

Shares on China's two markets eased yesterday on profit-taking led by companies which recorded lower earnings or issued profit warnings.
The Shanghai Composite Index, which covers yuan-denominated A shares and foreign-currency B shares, shed 0.58 percent to 1,134.61. The A-share index lost 0.56 percent to 1,192.34 and the B-share gauge dived 2.04 to 64.39.
The Shenzhen Composite Index, which tracks the smaller bourse, slipped 0.69 percent to 279.23.
"The markets were undergoing a correction without fresh incentives," said Liu Yu, an Orient Securities Co trader. "Investors unloaded chips that they deemed will have poor earnings prospects."
Coal miner Hebei Jinniu Energy Resources Co slumped 3.90 percent to 5.67 yuan (70 US cents).
The company said profit for the third quarter tumbled 7.69 percent on-year to 117 million yuan on sales of 802 million yuan.
Huludao Zinc Industry Co, the nation's biggest zinc producer, plunged 2.97 percent to 3.27 yuan.
The company said net income for July to September slid to 8.4 million yuan from 10.2 million yuan a year earlier as mounting costs of raw materials ate into profit.
Shenyang Huitian Thermal Power Co, a Liaoning Province-based power generator, added 0.39 percent to 2.58 yuan although the company said it may post a loss for the 2005 fiscal year.
Bengang Steel Plates Ltd, a listed unit of China's second-biggest steelmaker, plunged 4.20 percent to 4.33 yuan after scaling back its profit forecast.
Net income for the first nine months may rise 50 percent to 80 percent, down from an earlier estimated 100 percent to 160 percent due to declining steel prices, said a company statement.
Elsewhere, GD Power Development Co, a listed unit of one of China's five largest electricity producers, surged 1.03 percent to 5.88 yuan after it  said it plans to issue one billion yuan of short-term bills.