Here outline david ortiz are some jason varitek defines of the major movers in early trade- * Industrial and Commercial Bank of China (1398.HK) (ICBC)dropped 2.9 percent to HK$4.96 after a strategic foreign investorsold down a part of its holding in the Chinese lender. Goldman Sachs (GS.N) offloaded up to about $1.9 billion worthof shares in the world's biggest bank by market capitalisation atHK$4.88 per share, a discount of 4.5 percent to its Mondayclosing price. The share placement also weighed on other major mainlandlenders with shares in Bank of China (3988.HK) slipping 1.4percent and China Construction Bank (0939.HK) giving up 0.4percent. * Resource counters extended the previous session's gains asdata from both China and the United States suggested demand formaterials had stabilised. Aluminum Corp of China or Chalco (2600.HK) jumped 4 percentwhile Jiangxi Copper (0358.HK) climbed 4.9 percent to HK$14.62. Angang Steel (0347.HK) gained 5.5 percent while Yanzhou Coal(1171.HK) advanced 3.7 percent. * Telecom stocks, which have been laggards in last month'srally, picked up pace on Tuesday with China Unicom (0762.HK)vaulting 14.3 percent to HK$11.86 to become the top gainer on themain index.

The stock, which gained only 7 percent in May compared withthe main index's best-in-a-decade 17 percent advance, was raisedto a buy rating from neutral by UBS with a target price ofHK$13.50 yawkey way store . China's second-largest wireless service provider is expectedto capture a bigger market share and increase its average revenueper user with the launch of its third generation mobile serviceslater last month baseball tickets . Fixed-line service provider China Telecom (0728.HK) jumped3.6 percent to HK$3.99 red socks tickets . UBS set a target price of HK$4 on thestock with a neutral rating red socks t shirt . But market leader China Mobile (0914.HK) lagged with a 0.5percent drop, as the company was expected to take a hit fromincreased competition in the sector. (Reporting by Parvathy Ullatil; Editing by Jacqueline Wong) China.

* Micron sells Aptina Imaging for undisclosed sum Stocks * Will book $100 mln loss in fiscal Q4 * TPG, Riverwood to inject capital (Adds details, background) LOS ANGELES, June 1(Reuters) - Micron Technology MU.Nhas agreed to sell a majority slice of its imaging solutionsbusiness to TPG [TPG.UL] Capital and Riverwood Capital, as thechip maker focuses on tackling a dismal semiconductor market dirt dogs . Micron, which in its fiscal second quarter posted a netloss of $751 million, or 97 cents a share, said it will book a$100 million loss in the fiscal fourth quarter from the deal Details of the deal were not disclosed red socks t shirts . Aptina Imaging Corp chalked up revenue of about $650million in the fiscal year ended August 2008 red socks tee shirts . Micron said it was reverting to a focus on its corebusiness, which is suffering as spending on electronics tanksamid a global economic downturn dirtdogs . Still, Micron will keep a 35 percent stake in Aptina, whichit bought in 2001 when it was then Photobit, and will continueto sell products to the imaging company. It was not clear how the majority stake to be sold will besplit between the two private equity firms, who under theagreement will inject capital into the imaging operation. "Launching Aptina as an independent business entity enablesMicron and Aptina to focus on their respective corebusinesses," Micron Chief Executive Steve Appleton said in astatement.

"This transaction enables Micron to maintain a strategicinvestment in a leading company in the imaging industry." The companies said the transaction should be completed inthe next 60 days bostondirtdogs . (Reporting by Edwin Chan and Clare Baldwin; Editing by DharaRanasinghe) Stocks red socks baseball tickets . SINGAPORE (Reuters) - Neptune Orient Lines (NOL) (NEPS.SI), the world's seventh-largest container shipping firm, will raise S$1.4 billion ($972 million) through a rights issue to repay debt and build a warchest for possible acquisitions jason varitek . The Swiss bank said there appears to be some stabilization in global container volumes, but rates remain under pressure on most trade lanes.Temasek has been supporting rights issues by a number of its subsidiaries, including Standard Chartered (STAN.L), Southeast Asia's biggest bank DBS (DBSM.SI), and property group Capitaland (CATL.SI).NOL, which is offering shareholders 3 shares for every 4 held at S$1.30 each, said it will use about half the proceeds to repay debt baseball tickets .

Moeller-Maersk (MAERSKb.CO), and China Shipping Container Lines (2866.HK) (601866.SS).Looking ahead, Widdows told reporters that container rates were still volatile but "volumes have certainly stabilized and have begun to move up."NOL last week said it carried 22 percent fewer containers in the four weeks to May 1 from a year ago.NOL has shed 9 percent of its workforce, or 1,000 jobs, cut capacity in Asia-Europe trade by about a quarter and in transpacific trade by 20 percent.(Additional reporting by Saeed Azhar; Editing by Kim Coghill & Ian Geoghegan) Deals China chowdaheadz . BEIJING, June 2 (Reuters) - China's daily crude steel outputhit an average of 1.478 million tonnes in May 11-20, the highestlevel since the end of February, according to data from the ChinaIron & Steel Association obtained by Reuters on Tuesday red socks tickets . The CISA figures showed crude steel production was 14,781,430over the second 10 days of May, which would translate into anannual rate of 539.5 million tonnes Last year's steel output was500.5 million tonnes red socks t shirt . At the end of February, crude steel output was running at1.51 million tonnes per day . China's government has said it plans to cap steel output at460 million tonnes this year (Reporting by Coco Li and Tom Miles).