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%)
Mainland property developers also posted gain as Fitch sees relaxed purchase limitation. CHINA RES LAND (01109.HK) +0.960 (+5.701%)
TENCENT (00700.HK) +2.500 (+1.926%)
IGG (08002.HK) +1.250 (+29.621%)
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