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HSI GAINS 487 PTS!!!

Hong Kong market headed north after early losses. Hang Seng Index opened down 57 pts. Yet, the Bank of Japan said before the midday that it would adopt a negative interest rate policy. Hong Kong's benchmark index was stimulated and peaked at 19,709, up 514 pts. Hang Seng Index finished at 19,683, up 487 pts or 2.5%. Hang Seng China Enterprises Index rose 212 pts or 2.7% to 8,241. The market turnover amounted to $90.562 billion.

Almost all of the blue chips advanced. Heavyweight HSBC HOLDINGS (00005.HK)  +1.150 (+2.156%)    Short selling $328.68M; Ratio 22.403%   rebounded 2.2% to $54.5. HKEX (00388.HK)  +8.100 (+4.994%)    Short selling $151.69M; Ratio 9.034%   leaped 5% to $170.3. CHINA MOBILE (00941.HK)  +1.000 (+1.181%)    Short selling $468.79M; Ratio 24.410%   rose 1.2%. BOC HONG KONG (02388.HK)  +0.720 (+3.640%)    Short selling $84.84M; Ratio 31.472%   and HANG SENG BANK (00011.HK)  +4.400 (+3.546%)    Short selling $132.17M; Ratio 38.122%   jumped over 3%.

CK PROPERTY (01113.HK)  +2.400 (+6.115%)    Short selling $88.92M; Ratio 22.015%   and SHK PPT (00016.HK)  +2.950 (+3.649%)    Short selling $186.89M; Ratio 31.436%   fared well with an increase of 6.1% and 3.6% respectively. Macau gaming stocks GALAXY ENT (00027.HK)  +0.500 (+2.119%)    Short selling $217.20M; Ratio 31.555%   and SANDS CHINA LTD (01928.HK)  +0.600 (+2.290%)    Short selling $425.13M; Ratio 31.176%   shot up over 2%. The central government planned to adopt more measures to support Macau's economy.

Furthermore, it was reported that Anheuser-Busch InBev would like to retain SABMiller's "snow beer" business. CHINA RES BEER (00291.HK)  -0.260 (-2.060%)    Short selling $47.46M; Ratio 32.874%   gave up 2%. Bank of Japan introduced a negative interest rate policy. 759 Store is likely to benefit. Its parent company CEC INT'L HOLD (00759.HK)  +0.070 (+6.667%)   rocketed 6.7%. FAST RETAIL-DRS (06288.HK)  +0.400 (+1.653%)   soared 1.7%.

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