HSI soars 314 pts, led by home builders
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Along with the rally in Wall Street, Hang Seng Index posted a daily gain of 314 pts, or 1.3%, to 24646, reclaiming the 10MA. Meanwhile, China Enterprises Index closed at 11037, up 205 pts, or 1.9%. The turnover amounted to $65.708 billion.
HK property sector advanced as the property price hit record high. HENDERSON LAND (00012.HK) +2.250 (+4.752%) Short selling $29.78M; Ratio 14.200% soared 4.8%; SINO LAND (00083.HK) +0.360 (+2.703%) Short selling $16.36M; Ratio 21.666% and CHEUNG KONG (00001.HK) +3.800 (+2.716%) Short selling $11.46M; Ratio 2.254% jumped approximately 2.7%; NEW WORLD DEV (00017.HK) +0.130 (+1.370%) Short selling $5.74M; Ratio 6.255% perked up 1.4%; WHARF HOLDINGS (00004.HK) +0.800 (+1.348%) Short selling $46.53M; Ratio 11.458% rose 1.3% as results met estimates.
Mainland property developers also posted gain as Fitch sees relaxed purchase limitation. CHINA RES LAND (01109.HK) +0.960 (+5.701%) Short selling $30.19M; Ratio 7.164% led the gainer by rising 5.7%; CHINA OVERSEAS (00688.HK) +0.700 (+3.111%) Short selling $104.57M; Ratio 20.784% and CHINA VANKE (02202.HK) +0.600 (+3.901%) Short selling $42.79M; Ratio 14.654% added 3.1% and 3.9%; SHIMAO PROPERTY (00813.HK) +0.760 (+4.600%) Short selling $7.31M; Ratio 2.928% and SUNAC (01918.HK) +0.570 (+9.268%) Short selling $34.16M; Ratio 10.130% increased 4.6% and 9.3%.
TENCENT (00700.HK) +2.500 (+1.926%) Short selling $457.98M; Ratio 19.754% climbed 1.9% to $132.3 ahead of interim result announcement on 13 August. LENOVO GROUP (00992.HK) +0.040 (+0.362%) Short selling $58.46M; Ratio 15.771% edged up 0.4% before the result release on 14 August.
IGG (08002.HK) +1.250 (+29.621%) Short selling $73.60K; Ratio 0.017% , swinging its results into a profit, rocketed 29.6%. Its peers BOYAA (00434.HK) +0.960 (+10.549%) Short selling $724.09K; Ratio 0.702% FORGAME (00484.HK) +0.940 (+5.154%) Short selling $1.10M; Ratio 4.163% and V1 GROUP (00082.HK) +0.010 (+1.389%) Short selling $173.18K; Ratio 0.625% were boosted up by 10.6%, 5.2% and 1.4%.
HK property sector advanced as the property price hit record high. HENDERSON LAND (00012.HK) +2.250 (+4.752%) Short selling $29.78M; Ratio 14.200% soared 4.8%; SINO LAND (00083.HK) +0.360 (+2.703%) Short selling $16.36M; Ratio 21.666% and CHEUNG KONG (00001.HK) +3.800 (+2.716%) Short selling $11.46M; Ratio 2.254% jumped approximately 2.7%; NEW WORLD DEV (00017.HK) +0.130 (+1.370%) Short selling $5.74M; Ratio 6.255% perked up 1.4%; WHARF HOLDINGS (00004.HK) +0.800 (+1.348%) Short selling $46.53M; Ratio 11.458% rose 1.3% as results met estimates.
Mainland property developers also posted gain as Fitch sees relaxed purchase limitation. CHINA RES LAND (01109.HK) +0.960 (+5.701%) Short selling $30.19M; Ratio 7.164% led the gainer by rising 5.7%; CHINA OVERSEAS (00688.HK) +0.700 (+3.111%) Short selling $104.57M; Ratio 20.784% and CHINA VANKE (02202.HK) +0.600 (+3.901%) Short selling $42.79M; Ratio 14.654% added 3.1% and 3.9%; SHIMAO PROPERTY (00813.HK) +0.760 (+4.600%) Short selling $7.31M; Ratio 2.928% and SUNAC (01918.HK) +0.570 (+9.268%) Short selling $34.16M; Ratio 10.130% increased 4.6% and 9.3%.
TENCENT (00700.HK) +2.500 (+1.926%) Short selling $457.98M; Ratio 19.754% climbed 1.9% to $132.3 ahead of interim result announcement on 13 August. LENOVO GROUP (00992.HK) +0.040 (+0.362%) Short selling $58.46M; Ratio 15.771% edged up 0.4% before the result release on 14 August.
IGG (08002.HK) +1.250 (+29.621%) Short selling $73.60K; Ratio 0.017% , swinging its results into a profit, rocketed 29.6%. Its peers BOYAA (00434.HK) +0.960 (+10.549%) Short selling $724.09K; Ratio 0.702% FORGAME (00484.HK) +0.940 (+5.154%) Short selling $1.10M; Ratio 4.163% and V1 GROUP (00082.HK) +0.010 (+1.389%) Short selling $173.18K; Ratio 0.625% were boosted up by 10.6%, 5.2% and 1.4%.
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