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HSI Plunges 974 pts; UK Leave Camp Ahead
The vote counting for the EU referendum nearly finishes. Numerous U.K. TV stations projected Leave camp to win. Hong Kong and global markets were under pressure. Hang Seng Index, after opening down 384 pts, once ticked up 165 pts to 21,034 after Remain camp was slightly ahead. However, the benchmark index tumbled again after Leave camp was ahead. At midday, it collapsed 1,023 pts at most, and plunged 974 pts or 4.7% to end at 19,894. Hang Seng China Enterprises Index dived 402 pts or 4.6% at 8,382. The market turnover amounted to $43.044 billion at midday.

Stocks sensitive to EU referendum were broadly under pressure. HSBC HOLDINGS (00005.HK)  -3.350 (-6.594%)    Short selling $2.42B; Ratio 40.542%   nosedived 10.9% to $45.25, representing the worst performer of blue chips. STANCHART (02888.HK)  -5.950 (-9.326%)   Short selling $168.14M; Ratio 21.808%   and PRU (02378.HK)  -18.000 (-11.688%)   tumbled 12.3% and 11%. 

CKI HOLDINGS (01038.HK)  -4.100 (-5.544%)    Short selling $18.52M; Ratio 7.110%   slipped 7.1%. CKH HOLDINGS (00001.HK)  -4.550 (-4.965%)    Short selling $82.19M; Ratio 8.087%   and POWER ASSETS (00006.HK)  -3.500 (-4.762%)    Short selling $8.66M; Ratio 2.361%   dived 4.6% and 5.3%. Oil prices were under pressure. SINOPEC CORP (00386.HK)  -0.200 (-3.650%)    Short selling $122.14M; Ratio 31.293%   and CNOOC (00883.HK)  -0.380 (-3.930%)    Short selling $177.75M; Ratio 39.531%   slumped 5.5% and 5.3%. 

HKEX (00388.HK)  -3.200 (-1.720%)    Short selling $195.34M; Ratio 14.579%   fell sharply by 4.3% to $178. TENCENT (00700.HK)  -2.300 (-1.306%)    Short selling $288.70M; Ratio 12.761%   dived 3.5% to $170. AIA (01299.HK)  -1.450 (-3.139%)    Short selling $114.26M; Ratio 16.033%   plunged 5%. CHINA MOBILE (00941.HK)  -3.200 (-3.680%)    Short selling $70.31M; Ratio 7.635%   tumbled 2.5%. 

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