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Showing posts from August, 2017
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HSI Leaps 314 pts, Led by Tencent,   The US stocks steadied last Friday (11 August) but the increase was curbed due to the intense geopolitics situation between the US and North Korea. Dow Jones Industrial Average ended higher 14 pts or 0.07%. This morning, after Hang Seng Index had opened up 208 pts, it soared 327 pts at most in early session to peak at 27,210, recouping 20MA (about 27,189). At midday, Hang Seng Index closed up 314 pts or 1.2% to 27,197. Hang Seng China Enterprises Index recovered 122 pts or 1.2% to 10,695. Half-day market turnover amounted to $48.134 billion. Technology stocks rocketed. TENCENT (00700.HK)    +11.400 (+3.670%)     Short selling $250.04M; Ratio 4.588%    , which will release the interim results this Wednesday (16 August), jumped 2.8% to $319.2. Apple-concept stocks fared well, with AAC TECH (02018.HK)    +7.900 (+7.404%)     Short selling $37.99M; Ratio 10.031%    surging 6.3%, being the best performer of blue chip