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HSI Falls 207 pts;

 Hang Seng Index opened down 46 pts this morning and sank below the level of 21,000, with a loss of 241 pts at most after North Korea announced that they have tested a hydrogen bomb. The index maintained the downtrend after midday and hovered around the level of 21,000 pts. It eventually finished the day trading session down by 207 pts or 1% at 20,980. Hang Seng China Enterprises Index receded 85 pts or 0.9% at 9,137. The market turnover amounted to $75.175 billion.

Blue chippers broadly headed south. Heavyweight HSBC HOLDINGS (00005.HK)  -0.650 (-1.085%)    Short selling $420.60M; Ratio 34.978%   faded 1% to close at $59.25. AIA (01299.HK)  -0.600 (-1.314%)    Short selling $222.04M; Ratio 26.138%  gave up 1.3%. CHINA MOBILE (00941.HK)  -0.400 (-0.483%)    Short selling $129.89M; Ratio 8.394%   lost 0.5% to $82.5. TENCENT (00700.HK)  -1.400 (-0.950%)    Short selling $566.28M; Ratio 24.833%   sagged 1% to $146.

NEW WORLD DEV (00017.HK)  -0.340 (-4.439%)    Short selling $39.19M; Ratio 12.407%   proposed conditional cash offer to NEW WORLD CHINA (00917.HK)  +1.280 (+20.612%)    Short selling $7.89M; Ratio 8.468%   at $7.8 per share. NEW WORLD CHINA, after trade resumption, rocketed 20.6% to $7.49. In contrast, NEW WORLD DEV plunged 4.4%. In addition, CHINA VANKE (02202.HK)  -2.100 (-9.170%)    Short selling $198.08M; Ratio 11.630%   is still mulling the terms for material assets restructuring. Its H shares tumbled 9.2% to close at $20.8 after trade resumption.

HENGAN INT'L (01044.HK)  -3.500 (-4.965%)    Short selling $186.07M; Ratio 40.860%   was under pressure after midday and fell dramatically by 5%, becoming the worst performing blue chipper.

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