As Citigroup raised the average target price of China property stocks, the sector saw an uptick today. The two blue chips HINA RES LAND (01109.HK) +1.700 (+7.010%)
Short selling $13.38M; Ratio 4.580%
and CHINA OVERSEAS (00688.HK) +1.550 (+5.373%)
Short selling $52.20M; Ratio 9.182%
, which are regarded as Top Picks by the broker, hit the high at $25.9 and $30.35, and last traded at $25.75 and $30, up 6.2% and 4% respectively. SUNAC (01918.HK) +0.970 (+11.589%)
Short selling $11.14M; Ratio 5.328%
, also selected as Top Pick, surged 10% to $9.22, with volume rising to 27.86 million shares.
KWG PROPERTY (01813.HK) +0.590 (+8.526%)
Short selling $6.75M; Ratio 8.320%
last gained 7.8% to $7.46. GREENLAND HK (00337.HK) +0.500 (+8.591%)
Short selling $1.09M; Ratio 1.317%
and POLY PROPERTY (00119.HK) +0.300 (+6.928%)
Short selling $3.54M; Ratio 3.043%
bounced 6.5% and 5.3% to $6.2 and $4.56 respectively.
SINO-OCEAN LAND (03377.HK) +0.590 (+10.461%)
Short selling $2.59M; Ratio 3.877%
rebounded more than 8% to $6.13; YUEXIU PROPERTY (00123.HK) +0.080 (+4.545%)
Short selling $10.21M; Ratio 11.228%
, AGILE PROPERTY (03383.HK) +0.280 (+5.027%)
Short selling $4.61M; Ratio 6.024%
, R&F PROPERTIES (02777.HK) +0.360 (+4.072%)
Short selling $8.48M; Ratio 5.716%
and SHENZHEN INVEST (00604.HK) +0.260 (+7.365%)
Short selling $3.11M; Ratio 2.553%
elevated over 4%-6% to $1.84, $5.84, $9.25 and $3.75 respectively. WANDA COMM (03699.HK) +2.250 (+4.128%)
Short selling $756.47K; Ratio 0.130%
hit the peak at $56.5 and last gained 3.4% to $56.35.
KWG PROPERTY (01813.HK) +0.590 (+8.526%)
SINO-OCEAN LAND (03377.HK) +0.590 (+10.461%)
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