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HSI's Gain Narrows to <100 pts after Midday as CHINA RES BEER, TSINGTAO BREW, BUD APAC Hike 2-6%+
After rising 306 points or 1.9% to 16,258 this morning (29th), the HSI once recovered to 16,012 after midday, and hiked 92 points or 0.6% to last at 16,045, with a total turnover o...
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HSI's Gain Narrows to <100 pts after Midday as CHINA RES BEER, TSINGTAO BREW, BUD APAC Hike 2-6%+
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STOCK INFO

After rising 306 points or 1.9% to 16,258 this morning (29th), the HSI once recovered to 16,012 after midday, and hiked 92 points or 0.6% to last at 16,045, with a total turnover of $79.7 billion. In addition, the HSCEI peaked at 5,472, and last printed at 5,387, up 0.5%.

Brewers outperformed today, especially BUD APAC (01876.HK)  +0.100 (+0.893%)    Short selling $16.53M; Ratio 11.340%   re-crossed its 10-day MA ($11.94), and peaked at $12.72 (the 20-day MA). The stock elevated 6.1% to last at $12.58, being the best-performing blue chip.

TSINGTAO BREW (00168.HK)  +1.950 (+3.186%)    Short selling $57.67M; Ratio 17.539%   re-crossed the 10-day MA ($45.45), and peaked at $46.6. It last leaped 4.4% to $46.35. Blue chip CHINA RES BEER (00291.HK)  -0.550 (-1.457%)    Short selling $15.72M; Ratio 2.098%   once re-crossed the 10-day and 20-day MA ($29.8 and $30.5), and peaked at $30.8. CHINA RES BEER climbed 2.2% to last at $30.05.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-16 16:25.)

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