Hang Seng Index stood at 23,916 pts at morning's close, up 214 pts or 0.91%. Hang Seng China Enterprises Index ended at 10,747, up 118 pts or 1.12%. Market turnover equaled $39.879 billion.
A-share markets strengthened today and the Shanghai Composite Index breached above the 2,400 level, pushing up X ISHARES A50 (02823.HK) and CSOP A50 ETF (02822.HK) by 2%.
TENCENT (00700.HK) rose 0.7% to $122.7. CHINA MOBILE (00941.HK) led market gains with a bounce of 1.7% to $95.65 at midday.
Mainland banks saw a rebound today. BANK OF CHINA (03988.HK) and ABC (01288.HK) both climbed 0.8%. MINSHENG BANK (01988.HK) and PKU RESOURCES (00618.HK) leaped 1.3% and 1% respectively.
CHINA OILFIELD (02883.HK) fell 4.7% further to $15.84 after a 8.5% tumble yesterday.
HSBC HOLDINGS (00005.HK) underperformed the broad market and inched up 0.2% to $78.6. STANCHART (02888.HK) slumped another 4.4% to over 5-year low this morning.
Gaming blue chips following the market's bullish trend. GALAXY ENT (00027.HK) and SANDS CHINA LTD (01928.HK) gained 3.8% and 2.5%. MGM CHINA (02282.HK), with a 13% increase in its third-quarter EBITDA, saw its share price up 2.7% to $24.8.
Among blue chips, CHINA RES POWER (00836.HK) was an outperformer, up 2.5% to $22.8.
AAStocks Financial News
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