HANG SENG INDEX  UPDATES

Hang Seng Index once hit the peak of 24,872 today but eventually closed at 24,497, down 121 pts or 0.49%. Hang Seng China Enterprises Index dropped 136 pts or 1.2% to 11,137. Market turnover declined to $80.166 billion.

TENCENT (00700.HK)  -1.600 (-1.108%)    Short selling $208.73M; Ratio 9.267%   faded 1.1% and finished at $142.8 at close as Facebook and Twitter posted worse-than-expected results. KINGDEE INT'L (00268.HK)  -0.170 (-4.658%)    Short selling $294.20K; Ratio 0.208%   sagged 4.7%. HKEX (00388.HK)  -2.800 (-1.315%)    Short selling $223.58M; Ratio 14.246%   retreated 1.3%. A-share ETFs weakened, with CSOP A50 ETF (02822.HK)  -0.380 (-2.691%)    Short selling $967.27M; Ratio 40.897%   and X ISHARES A50 (02823.HK)  -0.320 (-2.589%)    Short selling $523.37M; Ratio 22.534%   falling 2.7% and 2.6% respectively. HS H-SHARE ETF (02828.HK)  -1.400 (-1.217%)    Short selling $99.31M; Ratio 9.174%   also shed 1.2%.

Chinese financials continued to soften. CHINA LIFE (02628.HK)  -0.750 (-2.530%)    Short selling $172.82M; Ratio 13.367%   tumbled 2.5% despite the upbeat forecast for interim profit as Credit Suisse said the profit would be lower than expected. The stock became the weakest blue chip today. PING AN (02318.HK)  -0.750 (-1.648%)    Short selling $358.16M; Ratio 22.354%   declined 1.6%. ICBC (01398.HK)  -0.100 (-1.832%)    Short selling $42.98M; Ratio 2.507%  and BANKCOMM (03328.HK)  -0.050 (-0.729%)    Short selling $9.63M; Ratio 5.919%   closed lower by 1.8% and 0.7%.

HSBC HOLDINGS (00005.HK)  +0.050 (+0.072%)    Short selling $42.82M; Ratio 6.327%   , set to unveil its interim results next Monday, added 0.1% in share price today. AIA (01299.HK)  -0.500 (-0.988%)    Short selling $177.18M; Ratio 25.154%   lost 1%. As CKH HOLDINGS (00001.HK)  +0.700 (+0.627%)    Short selling $14.39M; Ratio 3.141%   was reportedly close to reach a cooperation with VimpelCom for merging of the telecom business, its share price drifted higher by 0.6% against the market weakness. CK PROPERTY (01113.HK)  -0.200 (-0.309%)    Short selling $26.23M; Ratio 6.617%   is selling its Shanghai commercial project at a price of up to $25 billion, its share price dipped 0.3%. WYNN MACAU (01128.HK)  -0.140 (-0.892%)    Short selling $17.50M; Ratio 26.911%   's second-quarter net profit receded 63% and the adjusted property EBITDA tumbled 44%, missing market estimates. Its share price fell 0.9%

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