Nomad Investors

HSI Adds 152 pts, Led by Casinos The US stocks traded mixed last night (27 March) since the US President Trump finally withdrew the new health insurance bill. Dow Jones Industrial Average fell for eight straight days and ended lower 45 pts. Hang Seng Index closed the day up 152 pts or 0.6% at 24,345, reclaiming 10-day MA (24,303). Hang Seng China Enterprises Index hiked 63 pts or 0.6% at 10,425. Market turnover amounted to $69.454 billion.  Blue chips broadly fared well. HSBC HOLDINGS (00005.HK)    +0.550 (+0.876%)       Short selling $48.13M; Ratio 5.490%      and CHINA MOBILE (00941.HK)    +0.600 (+0.696%)       Short selling $64.44M; Ratio 6.663%      shot up 0.9% and 0.7%, TENCENT (00700.HK)    +1.200 (+0.534%)       Short selling $403.79M; Ratio 12.405%     climbed 0.5%.HKEX (00388.HK)   ...

Market Indexes Index Last Day High Day Low Change %Change Time (HKT) Hang Seng Index 24,358.27 24,420.77 24,263.17 + 30.57 + 0.13% 2017-03-24 16:09 Hang Seng Finance Sub-index 33,068.16 33,230.69 32,970.37 - 35.92 - 0.11% 2017-03-24 16:09 Hang Seng Utilities Sub-index 54,153.04 54,216.92 53,890.24 + 10.79 + 0.02% 2017-03-24 16:09 Hang Seng Properties Sub-index 34,025.70 34,122.36 33,879.83 - 103.11 - 0.30% 2017-03-24 16:09 Hang Seng Commerce & Industry Sub-index 14,347.58 14,364.84 14,257.76 + 80.47 + 0.56% 2017-03-24 16:09 Hang Seng China Enterprises Index 10,477.81 10,534.60 10,431.11 - 9.64 - 0.09% 2017-03-24 16:09 Hang Seng China-Affiliated Corporations Index 3,985.61 4,001.77 3,967.57 + 9.76 + 0.25% 2017-03-24 16:09 Hang Seng China H-Financials Index 16,393.46 16,530.64 16,342.39 - 61.69 - 0.37% 2017-03-24 16:09 Top 10 Stocks by Turnover Code Name Nominal Change % Change Time (HKT) 00700 TENCENT 225.200 + 2.2...

Market Indexes Index Last Day High Day Low Change %Change Time (HKT) Hang Seng Index 24,320.41 24,380.42 24,207.10 - 272.71 - 1.11% 2017-03-22 16:10 Hang Seng Finance Sub-index 32,995.89 33,159.95 32,870.58 - 490.07 - 1.46% 2017-03-22 16:10 Hang Seng Utilities Sub-index 54,009.32 54,279.79 53,787.06 - 242.21 - 0.45% 2017-03-22 16:10 Hang Seng Properties Sub-index 33,915.00 33,984.29 33,709.52 - 219.71 - 0.64% 2017-03-22 16:10 Hang Seng Commerce & Industry Sub-index 14,346.06 14,371.47 14,245.90 - 128.08 - 0.88% 2017-03-22 16:10 Hang Seng China Enterprises Index 10,456.96 10,511.34 10,394.08 - 187.19 - 1.76% 2017-03-22 16:10 Hang Seng China-Affiliated Corporations Index 4,003.56 4,003.56 3,970.41 - 43.43 - 1.07% 2017-03-22 16:10 Hang Seng China H-Financials Index 16,417.27 16,520.10 16,333.24 - 323.27 - 1.93% 2017-03-22 16:10 Top 10 Stocks by Turnover Code Name Nominal Change % Change Time (HKT) 00700 TENCENT 225.2...

DeTai New Energy (00559) sees substantially lower loss  DeTai New Energy Group  (00559)  expects a substantial decrease in the net loss for the six months ended 31 December 2016 compared to that for the corresponding period in 2015. The decrease was mainly attributable to: (i) the absence of impairment loss on goodwill of approximately HK$132 million; and (ii) the absence of share-based payment expenses of approximately HK$43 million for the six months ended 31 December 2016.

Solartech Int'l (01166) sells 51% stake in bauxite firm   Solartech International  (01166)  has agreed to sell all its 51% equity interest in Henan Shengxiang Industry, a company principally engaged in trading metallurgical grade bauxite, Mr. Zhou Wei for RMB8.2 million (HK$9.233 million) in cash.

PRADA (01913) posts a block trading for $31.86M   PRADA  (01913)  has recorded a block trade deal for a total of 985.5K shrs. The shares were sold at HK$32.325 apiece or $31.86M in total.

TRACKER FUND (02800) posts 5 block tradings for $159.19M TRACKER FUND  (02800)  has recorded 5 block trade deals for a total of 6.71M shrs. The shares were sold at between HK$23.70 and HK$23.75 apiece or $159.19M in total.

HSI Opens Up 48 pts; HKEX Sees Continuous Support European and the U.S bourses traded in a narrow range, while Hang Seng Index slightly opened higher 48 pts or 0.2% to 23,533 this morning. Hang Seng China Enterprises Index opened up 25 pts or 0.3% to 9,981. CHINA MOBILE (00941.HK)  -0.200 (-0.226%)    Short selling $77.91M; Ratio 6.417%   and HSBC HOLDINGS (00005.HK)  -0.500 (-0.752%)    Short selling $72.58M; Ratio 5.675%   opened lower 0.3% and 0.5%. Shares in TENCENT (00700.HK)  +1.200 (+0.588%)    Short selling $155.98M; Ratio 4.780%   and AIA (01299.HK)  -0.300 (-0.628%)    Short selling $171.73M; Ratio 14.838%   ticked up 0.8% and 0.5%. The market widely anticipated the upcoming launch of "Bond Connect" and "ETF Connect", sending HKEX (00388.HK)  +0.900 (+0.460%)    Short selling $327.94M; Ratio 11.452%   higher 0.3% to $196 after yesterday's rally of 4.7%. Chinese financial...

KVB Kunlun FG (08077): '16 net profit fall >50% KVB Kunlun Financial Group (08077) expects a significant decrease in net profit by over 50% for the year ended 31 December 2016 compared to 2015. Such decrease was mainly attributable to: (i) the decrease in leveraged foreign exchange and other trading income as a result of decreased market volatility; (ii) the decrease in cash dealing income which was mainly attributable to decline in trading volume in cash dealing business; and (iii) the increase in fee and commission expenses paid to service providers.

HSI Opens Up 32 pts; China Mobile, HSBC Holdings Soften The three major U.S indexes traded mixed last night (2 February), with Dow Jones Industrial Average inching down 6 pts to end at 19,884. Trading in the Mainland bourses resumed today after the long Lunar New Year holiday. Hang Seng Index opened higher 32 pts or 0.1% to 23,216. Hang Seng China Enterprises Index opened up 22 pts or 0.2% to 9,718. HSBC HOLDINGS (00005.HK)    -0.150 (-0.226%)       Short selling $73.20M; Ratio 12.784%      and AIA (01299.HK)    -0.100 (-0.212%)       Short selling $146.24M; Ratio 12.883%      opened down 0.2% and 0.1%. CHINA MOBILE (00941.HK)    +0.100 (+0.114%)       Short selling $35.64M; Ratio 3.948%      sagged 0.5%. TENCENT (00700.HK)    +1.000 (+0.487%)       Short selling $359.02...