Hong Kong stocks were boosted sharply on surprising rate cut by the PBOC after the bearish week due to the weaker-than-expected response to the Shanghai-Hong Kong Stock Exchange. At market close, Hang Seng Index and China Enterprises Index concluded at 23893 and 10842, up 456 pts and 395 pts, on turnover of $105.246 billion.

Mainland Shanghai Composite Index jumped 1.9% to 3-year high. X ISHARES A50 (02823.HK)  +0.280 (+2.972%)    Short selling $653.97M; Ratio 18.229%   and CSOP A50 ETF (02822.HK)  +0.260 (+2.737%)    Short selling $304.22M; Ratio 9.888%   perked up 3% and 2.7%. Mainland insurers gained sharply, as CHINA LIFE (02628.HK)  +1.950 (+8.478%)    Short selling $310.60M; Ratio 10.766%   and PING AN (02318.HK)  +3.200 (+5.447%)    Short selling $217.93M; Ratio 7.364%   surged 8.5% and 5.4%. NCI (01336.HK)  +2.600 (+8.483%)    Short selling $85.25M; Ratio 15.309%   and CPIC (02601.HK)  +2.350 (+8.246%)    Short selling $201.90M; Ratio 29.268%   advanced 8.5% and 8.2%; PICC GROUP (01339.HK)  +0.120 (+3.529%)    Short selling $1.98M; Ratio 1.105%   rose 3.5%.

On back of bullish report by Morgan Stanley, infrastructure stocks elevated. CHINA COMM CONS (01800.HK)  +0.870 (+12.627%)    Short selling $25.72M; Ratio 3.251%   rocketed 12.6%; ZOOMLION (01157.HK)  +0.360 (+8.571%)    Short selling $10.16M; Ratio 4.366%   added 8.6%; ANHUI CONCH (00914.HK)  +1.300 (+5.306%)    Short selling $293.67M; Ratio 37.475%   and CNBM (03323.HK)  +0.270 (+3.750%)    Short selling $24.15M; Ratio 5.041%   climbed 5.3% and 3.8%.

Heavyweight TENCENT (00700.HK)  +1.300 (+1.047%)    Short selling $171.58M; Ratio 5.390%   edged up 1%; HSBC HOLDINGS (00005.HK)  +0.600 (+0.784%)    Short selling $290.30M; Ratio 25.865%   added 0.8%; CHINA MOBILE (00941.HK)  +2.050 (+2.161%)    Short selling $599.14M; Ratio 29.249%   leaped 2.2%. (Quote is delayed for at least 15 mins.Short Selling Data as at 2014-11-24 16:25.)

Comments

Popular posts from this blog