HSI Opens Down 8 pts; Financials Soften
The U.S three major indexes were broadly stabilized last night (1 February), with Dow Jones Industrial Average rising 26 pts or 0.1%. Hang Seng Index slightly opened lower 8 pts or 0.04% to 23,309. Hang Seng China Enterprises Index opened up 1 pt or 0.02% to 9,758.
Facebook last quarter net profit escalated more than 1.2 times, topping estimates. TENCENT (00700.HK) 0.000 (0.000%) Short selling $622.95M; Ratio 15.665% inched up 0.2% at open while LENOVO GROUP (00992.HK) +0.020 (+0.397%) Short selling $33.86M; Ratio 16.189% opened higher 1%. Shares in CHINA MOBILE (00941.HK) -0.450 (-0.508%) Short selling $46.52M; Ratio 2.919% sagged 0.5%. HSBC HOLDINGS (00005.HK) +0.050 (+0.075%) Short selling $98.95M; Ratio 9.986% and AIA (01299.HK) -0.600 (-1.251%) Short selling $181.64M; Ratio 11.207% edged down 0.2% and 0.6%.
Apple Inc.'s first quarter revenue and EPS hit a new high and its fabulous results sent the stock higher. Hong Kong Apple-concept
stock AAC TECH (02018.HK) +1.850 (+2.375%) Short selling $67.15M; Ratio 13.945% jumped 1.5%, becoming the best performing blue chip so far.
Chinese financials softened. BANK OF CHINA (03988.HK) +0.010 (+0.284%) Short selling $138.94M; Ratio 18.143% , ICBC (01398.HK) -0.010 (-0.210%) Short selling $129.67M; Ratio 12.658% and CHINA LIFE (02628.HK) -0.250 (-1.166%) Short selling $59.49M; Ratio 10.292% slid 0.2% to 0.3%. New York oil futures leaped 2%, sending SINOPEC CORP (00386.HK) +0.020 (+0.325%) Short selling $116.09M; Ratio 19.025% and CNOOC (00883.HK) -0.060 (-0.615%) Short selling $59.04M; Ratio 11.017% higher 1% and 0.5%.
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