On the second day of the Shanghai-Hong Kong Stock Connect, Hang Seng Index and China Enterprises Index concluded at 23529 and 10426, down 267 pts and down 128 pts, respectively, on turnover of $74.603 billion. 

TENCENT (00700.HK)  -3.300 (-2.556%)    Short selling $219.74M; Ratio 7.327%   lost 2.6% to $125.8, dragging the benchmark index by 57 pts; CHINA MOBILE (00941.HK)  +1.200 (+1.271%)    Short selling $528.01M; Ratio 31.247%   , bucking the broad trend, gained 1.3% to $95.65; HSBC HOLDINGS (00005.HK)  -0.350 (-0.451%)    Short selling $143.59M; Ratio 17.929%   slid 0.5%. 

HKEX (00388.HK)  -4.200 (-2.358%)    Short selling $451.10M; Ratio 16.630%   , seeing decline in the consumption of Northbound Quota today, continued lower by 2.4% to $173.9. Brokers turned lower, as HAITONG SEC (06837.HK)  -0.320 (-2.367%)    Short selling $12.18M; Ratio 4.862%  and CGS (06881.HK)  -0.220 (-3.390%)    Short selling $31.09M; Ratio 9.696%   dropped 2.4% and 3.4%, respectively. 

Shares of wide A-H margins remained pressured. JINGWEI TEXTILE (00350.HK)  -2.520 (-23.909%)    Short selling $194.04K; Ratio 0.180%  slumped 23.9%; SHANDONG MOLONG (00568.HK)  -0.660 (-13.636%)   and ZHEJIANG SHIBAO (01057.HK)  -1.520 (-14.126%)   plummeted 13.6% and 14.1%, respectively. BYD COMPANY (01211.HK)  -2.500 (-5.252%)    Short selling $104.57M; Ratio 31.755%   decreased 5.3%, becoming the worst performer of HSCEI constituents.

Comments

Popular posts from this blog