March 9, 2010 (Chinavestor) Shares of Chinese companies traded in a narrow range in Hong Kong and in Shanghai on Tuesday. The Shanghai Composite (SHA:000001) advanced +15.91 points or +0.52% to +3,069.14 at the close. The Hang Seng Index rose +10.68 points or +.05% to 21,207.55 at the end of the day. Large cap index heavy weight stocks didn't move, Petrochina (HGK:0857) was unchanged while China Mobile (HKG:0941) rose +0.1%. The rest of the telecom sector fell; China Unicom (HKG:0762) dived -1.4% while shares of China Telecom (HKG:0728) shed -0.8%. Stocks that outperformed in Hong Kong include China Southern Airlines (HKG:1055) that surged +7.0% after an analyst upgrade. China Life Insurance (HKG:2628) advanced +3.0% following improved bottom line forecast for 2009. Shares of smaller rival Ping An Insurance (HKG:2318) rose +2.9% on the news.