Nomad Investors

HSI Rises 93 pts; Telecom, Apple Concept Stocks Rally The U.S bourses traded mixed last night (7 September). Nasdaq Composite Index inched up and hit the new high again. Hang Seng Index opened lower 37 pts this morning. The benchmark index bounced back after China reporting better than expected August imports and exports data and peaked at 23,842, breaching over a year high. It gained 93 pts or 0.4% to finish the morning trade at 23,834. Hang Seng China Enterprises Index lifted 33 pts or 0.3% to 10,003, reclaiming 10,000 pts. Half-day market turnover amounted to $41.02 billion. HSBC HOLDINGS (00005.HK)    +0.150 (+0.254%)       Short selling $176.38M; Ratio 15.821%      and TENCENT (00700.HK)    +1.800 (+0.844%)       Short selling $97.33M; Ratio 5.725%      stabilized with a rise of 0.3% and 0.6% respectively. Chinese bank CCB (00939.HK)    +0.020 (+0.333%)       Short selling $190.11M; Ratio 25.878%      and PING AN (02318.HK)    +0.400 (+0.935%)       Short selling $117.29M; Ratio

HSI Rises 76 pts; Tencent Breaches Above Peak Level Again Trading in the shares of U.S bourses suspended last night (5 September). Hang Seng Index once retreated after opening higher this morning and dropped roughly 100 pts to bottom at 23,548. However, the benchmark index peaked at 23,750 afterwards, hitting over a year high again. It finished the morning trade higher 76 pts or 0.3% to 23,726. Hang Seng China Enterprises Index advanced 71 pts or 0.7% to 9,901. Half-day market turnover amounted to $38.273 billion. HSBC HOLDINGS (00005.HK)    +0.250 (+0.417%)       Short selling $115.66M; Ratio 13.878%      , following the uptrend for days, rose 0.3% to $60.15 at midday. AIA (01299.HK)    -0.250 (-0.496%)       Short selling $15.44M; Ratio 4.694%      and CHINA MOBILE (00941.HK)    -0.750 (-0.781%)       Short selling $33.04M; Ratio 7.123%      receded 0.4% and 0.3%. Shares in TENCENT (00700.HK)    +4.000 (+1.903%)       Short selling $182.49M; Ratio 8.942%      breached the peak a