The Bank of New York Mellon China ADR Index, which tracks American depositary receipts, rose 0.1 percent to 409.41. The American Stock Exchange China Index decreased 0.3 percent to 220.69. The Shanghai Composite Index dropped 0.6 percent to 2,611.35.
The following companies were among the most active Chinese shares in New York trading. Stock symbols are in parentheses and prices are as of 4 p.m. New York time.
Aluminum Corp. of China Ltd. （ACH US）, the nation’s biggest producer of the metal, increased 5.9 percent to $24.01, the most since July 20. Chalco, as the Beijing-based company is known, rose after its parent announced a plan to invest at least 10 billion yuan （$1.49 billion） to build a rare earth production base in Jiangxi province with a local partner.
Baidu Inc. （BIDU US）, the operator of China’s largest Internet search engine, decreased 1.7 percent to $102.04, its first drop after six straight gains. The Beijing-based company was downgraded to “hold” from “buy” at Mirae Asset Securities by equity analyst Eric Wen. The 12-month target price is $95 per share.
China Petroleum & Chemical Corp. （SNP US）, known as Sinopec, rose 0.1 percent to $86.97. Sinopec bought Mittal Investments’s 50 percent stake in a Kazakh oil venture with OAO Lukoil, Interfax said, citing an unidentified person with knowledge of the project.
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