HSI ,IN 7 YEARS HIGH After the five-day long holiday, Hang Seng Index once surged 620 pts to 25,896 this morning, hitting nearly 7-year high, and it closed the morning session at 25,877, up 602 pts or 2.38%. Hang Seng China Enterprises Index bounced 505 pts or 4% to 13,168. Market turnover was as high as $132.276 billion. Hong Kong stock market was bullish this morning. Amid robust trades in Shanghai-Hong Kong Stock Connect, HKEX (00388.HK) +24.000 (+12.245%) Short selling $80.67M; Ratio 1.747% rallied 8.7% to $213 at midday, becoming the strongest blue chip for the morning session. Chinese financials led market gainers, with CHINA LIFE (02628.HK) +2.400 (+6.867%) Short selling $209.44M; Ratio 10.082% rising 4.7% to $36.6....
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Hang Seng Index advanced 215 pts at most and ended up 192 pts or 0.8% at 25,275. Hang Seng China Enterprises Index ended the day trade at 12,663, up 125 pts or 1%. Market turnover increased to $124.738 billion at close. Hong Kong Gem Index continued higher by 3.6%. HSBC HOLDINGS (00005.HK) +0.450 (+0.676%) Short selling $84.92M; Ratio 8.398% elevated 0.7% to $67 as Goldman Sachs reiterated a Buy rating on the bank. CHINA MOBILE (00941.HK) +1.400 (+1.381%) Short selling $259.87M; Ratio 13.846% surged 1.4% to $102.8. CHINA UNICOM (00762.HK) +0.440 (+3.531%) Short selling $109.14M; Ratio 12.450% posted a 4-day gain, with a 3.5% rise. CHINA TELECOM (00728.HK) +0.100 (+1.976%) Short selling $18.26M; Ratio 2.451% lifted 2%. International oi...