Hang Seng Index closed the morning session at 23,320, down 83 pts or 0.36%. Hang Seng China Enterprises Index inched up 3 pts or 0.03% to 10,430. Market turnover was $25.621 billion.
CASSAVA RES (00841.HK) tumbled 1.3% to $89.85, dragging down the broad market. CHINA UNICOM (00762.HK) slid 2.8% to $11, becoming the weakest blue chip. CHINA TELECOM (00728.HK) also shed 2.3%.
Following a surge of over 3% yesterday, TENCENT (00700.HK) dipped 0.2% to $119.1. HSBC HOLDINGS (00005.HK) ticked up 0.2% to $77.75.
CCB (00939.HK), set to release its third-quarter results, moved up 0.2% to $5.62. ICBC (01398.HK) climbed 0.2% to $5. BANKCOMM (03328.HK) gained 1.3% to $5.64, outperforming other blue chips.
Chinese oil stocks headed south. CNOOC (00883.HK) declined 1.4% to $12.46. PETROCHINA (00857.HK) gave up 0.2%. CHINA OILFIELD (02883.HK) dropped 3.3% to $18.32.
CHINA CNR (06199.HK) soared 3.6% to $7.87 as it obtained the U.S. subway train order. CHINA RAILWAY (00390.HK) and CHINA COMM CONS (01800.HK) leaped 2.8% and 1.6% respectively. CHINA RAIL CONS (01186.HK) also advanced 1.9%.
AAStocks Financial News
Web Site: www.aastocks.com