Nomad Investors

HSI Falls 283 pts Hang Seng Index opened lower 233 pts or 1.2% this morning amid weak external markets and slumped up to 325 pts at the bottom of 19,195 in morning session. After midday, the benchmark index saw loss narrow to 19,439, yet the decline widen in the later session and finished the day trading down by 283 pts or 1.5% at 19,237. Hang Seng China Enterprises Index fell 101 pts or 1.2% to 8,134. The market turnover amounted to $75.026 billion. Heavyweight HSBC HOLDINGS (00005.HK)    -1.750 (-3.119%)       Short selling $992.30M; Ratio 39.043%      tumbled 3.1% to nearly 7-year low at $54.35. AIA (01299.HK)    -1.100 (-2.591%)       Short selling $193.00M; Ratio 18.228%      drifted lower 2.6%. CHINA MOBILE (00941.HK)    -0.350 (-0.435%)       Short selling $96.51M; Ratio 8.259%      and TENCENT (007...

HSI RECOVERS  +223 PTS Hang Seng Index opened up 317 pts or 1.6% this morning. General Administration of Customs announced that, in RMB terms, China's exports recorded a rise of 2.3% in December 2015 as compared with the corresponding period of last year. During the period, the country's imports receded 4%. Both figures beat the market expectations. Hong Kong benchmark index once surged by more than 500 pts but the increase narrowed in late session. It last stood at 19,934, up 223 pts or 1.1%. Hang Seng China Enterprises Index rose 55 pts or 0.7% to 8,494. The market turnover amounted to $77.352 billion. CHINA TELECOM (00728.HK)    +0.160 (+4.819%)     Short selling $68.57M; Ratio 21.885%    and CHINA UNICOM (00762.HK)    +0.320 (+3.837%)     Short selling $117.43M; Ratio 23.454%    entered into a strategic cooperation agreement. Two stocks advanced 4.8% and 3.8%...