BUZZ-China aquatic stocks jump on reports of import ban on Japanese marine products

Reuters11-19

BUZZ-China aquatic stocks jump on reports of import ban on Japanese marine products

** Shares of Chinese aquatic stocks jump after reports China could halt imports of Japanese marine products

** China notified Japan that it will ban all imports of Japanese seafood, Kyodo news agency and NHK reported on Wednesday

** Shares of CNFC Overseas Fisheries 000798.SZ jump a maximum 10% to highest level since August 2023

** Zhanjiang Guolian Aquatic Products 300094.SZ surges 20%, most allowed in a day, hitting highest since December 2024

** Dahu Health Industry 600257.SS, Shandong Oriental Ocean Sci-Tech 002086.SZ and Fujian Tianma Science and Technology Group 603668.SS all leap by their daily limit of 10%

** Relations between Beijing and Tokyo have deteriorated over Japanese Prime Minister Sanae Takaichi's comments on Taiwan

** Japan has warned its citizens in China to step up safety precautions as a Tuesday meeting between Chinese and Japanese officials to de-escalate tensions offered few signs of a breakthrough

((samuel.shen@tr.com))

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