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Hang Seng Index closed at 24,376 today, up 240 pts or 1%; Hang Seng China Enterprises Index leaped 175 pts or 1.6% to 10,893. Market turnover increased to $76.971 billion.

As the PBOC was said to have conducted SLF operations totaling RMB500 billion to five big banks recently, Chinese banking stocks rallied, with BANKCOMM (03328.HK)  +0.130 (+2.317%)    Short selling $34.07M; Ratio 13.583%   as the strongest, which advanced 2.3%. The other four big banks rose 1.1%-2%.

With the rebound in international oil price, Chinese oil stocks also closed higher. PETROCHINA (00857.HK)  +0.400 (+3.876%)    Short selling $358.79M; Ratio 27.643%   jumped 3.9% and became the best performing HSCEI constituent. CNOOC (00883.HK)  +0.280 (+1.975%)    Short selling $138.99M; Ratio 16.518%   and SINOPEC CORP (00386.HK)  +0.070 (+0.986%)    Short selling $65.10M; Ratio 3.964%   moved up 2% and 1% respectively. CHINA OILFIELD (02883.HK)  +0.600 (+2.878%)    Short selling $15.86M; Ratio 6.892%   also gained 2.9%.

Technology stocks headed north. TENCENT (00700.HK)  +3.000 (+2.479%)    Short selling $409.28M; Ratio 16.266%   elevated 2.5% with the turnover topping $2.5 billion. LENOVO GROUP (00992.HK)  +0.420 (+3.621%)    Short selling $74.12M; Ratio 11.313%   soared 3.6%. CHINA MOBILE (00941.HK)  +0.850 (+0.895%)    Short selling $486.24M; Ratio 22.397%   climbed 0.9% after a drop of over 3% yesterday. HSBC HOLDINGS (00005.HK)  +0.550 (+0.668%)    Short selling $195.45M; Ratio 14.489%   also rose 0.7%.

With brokers' bearish views on gaming revenue outlook in Macau, gaming stock SJM HOLDINGS (00880.HK)  -0.880 (-5.063%)    Short selling $40.55M; Ratio 8.093%   plummeted more than 5% to a 14-month low. SANDS CHINA LTD (01928.HK)  -1.700 (-3.846%)    Short selling $122.72M; Ratio 5.646%   and GALAXY ENT (00027.HK)  -1.300 (-2.569%)    Short selling $117.25M; Ratio 8.087%   tumbled 3.8% and 2.6% respectively, becoming the worst blue chips of the day.
(Quote is delayed for at least 15 mins.Short Selling Data as at 2014-09-17 16:25.)

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