After advancing for three days, Hang Seng Index closed the morning session at 24,129, down 12 pts or 0.05%; Hang Seng China Enterprises Index receded 26 pts or 0.24% to 10,913. Turnover amounted to $41.822 billion.
HSBC HOLDINGS (00005.HK) closed 0.7% higher to $81.35 at midday. AIA (01299.HK), after hitting a new high by surging 2.9% early this morning, moved up 0.5% to $41.3.
CHINA MOBILE (00941.HK) slid 1.5% to $83.9. TENCENT (00700.HK) edged up 0.2% to $124.8. BELLE INT'L (01880.HK), the best performing blue chip, rallied 5% to $9.48.
CHEUNG KONG (00001.HK) and HUTCHISON (00013.HK) rose 0.9% and 1.5% respectively. CKI HOLDINGS (01038.HK) tumbled 1.9% despite that its interim results grew 3.6 times. POWER ASSETS (00006.HK) dropped nearly 2% as its profit, excluding the one-off gain from the spin-off of HKELECTRIC-SS (02638.HK) dropped 24.2% to $3.616 billion.
Chinese insurance stocks weakened with the broad market. CHINA LIFE (02628.HK) edged down 0.5% to $21.9. PING AN (02318.HK) slipped 0.7%. NCI (01336.HK) retreated 4.1% to $27.85 and became the worst HSCEI constituent.
CHINA RES LAND (01109.HK) tumbled 3.2% to $16.76, becoming the worst blue chip. CHINA OVERSEAS (00688.HK) slid 1.6% to $22.05.~
AAStocks Financial News
Web Site: www.aastocks.com