Nomad Investors

Hang Seng Index continued to open down 22 pts and once hit the low at 25,885 this morning after tumbling nearly 700 pts yesterday. As the ChiNext once rebounded over 6%, the index also peaked at 26,470 afterwards, up 503 pts. It last stood at 26,250 at close, up 286 pts or 1.1%. Hang Seng China Enterprises Index gained 286 pts or 2.3% to 12,981. The market turnover fell to 155.873 billion. For the first half of 2015, Hang Seng Index cumulatively jumped 11.2% or 2,644 pts and Hang Seng China Enterprises Index added 996 pts or 8.3%. The A-share market fared well and Shanghai Composite Index soared 5.5% in the afternoon. Chinese A-share ETF saw an apparent headed north. X ISHARES A50 (02823.HK)    +0.780 (+5.769%)       Short selling $500.93M; Ratio 8.606%      soared 5.8%. CSOP A50 ETF (02822.HK)    +0.920 (+6.150%)       Short selling $1.69B; Ratio 21.648%      elevated 6.2%. CAM CSI300 (03188.HK)    +2.950 (+5.530%)       Short selling $516.12M; Ratio 28.091%      jumped 5.5%. As

Hang Seng Index opened 63 pts higher and then gained up to 137 pts in the morning session. The index was traded in a narrow range after pressing close to the 50-day MA (27,527). It closed at 27,404, up 71 pts or 0.26%. Hang Seng China Enterprises Index rose 75 pts or 0.55% to 13,684. The market turnover fell to $117.044 billion. TENCENT (00700.HK)    +5.600 (+3.542%)     Short selling $342.15M; Ratio 9.706%    supported the market with a gain of 3.5%, being the best performing blue chip. Ahead of the ex-date on 25 June (tomorrow), BANK OF CHINA (03988.HK)    +0.040 (+0.741%)     Short selling $107.30M; Ratio 5.199%    edged up 0.7%. ICBC (01398.HK)    +0.090 (+1.357%)     Short selling $139.03M; Ratio 8.974%    increased 1.4%. Shanghai Composite Index advanced 2.5%. Both CSOP A50 ETF (02822.HK)    +0.120 (+0.731%)     Short selling $589.59M; Ratio 18.439%    and X ISHARES A50 (02823.HK)    +0.100 (+0.673%)     Short selling $485.81M; Ratio 18.412%    gained 0.7%