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<H Shrs>HSI Rallies 321 pts as HKEX Mounts 6%+; CCB, PING AN, CHINA MOBILE Gain
The HSI climbed 321 points or 1.7% to 18,859 at midday. The HSCEI picked up 118 points or 1.8% to 6,679. The HSTECH slid 11 points or 0.3% to 3,936. Total half-day turnover for the...
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<H Shrs>HSI Rallies 321 pts as HKEX Mounts 6%+; CCB, PING AN, CHINA MOBILE Gain
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The HSI climbed 321 points or 1.7% to 18,859 at midday. The HSCEI picked up 118 points or 1.8% to 6,679. The HSTECH slid 11 points or 0.3% to 3,936. Total half-day turnover for the market amounted to $93.901 billion.

HKEX (00388.HK)  +0.800 (+0.271%)    Short selling $346.72M; Ratio 22.012%   advanced 6.8% to $283.6 as the market hopes that China may launch measures to support Hong Kong stocks. High dividend stocks were popular. Chinese banks PSBC (01658.HK)  -0.010 (-0.219%)    Short selling $43.27M; Ratio 19.137%   , CCB (00939.HK)  +0.050 (+0.855%)    Short selling $205.77M; Ratio 8.349%   and ABC (01288.HK)  0.000 (0.000%)    Short selling $79.58M; Ratio 8.421%   swelled over 6%, while ICBC (01398.HK)  +0.020 (+0.425%)    Short selling $366.28M; Ratio 26.385%   and CM BANK (03968.HK)  -0.650 (-1.650%)    Short selling $297.55M; Ratio 23.737%   elevated over 4%.

Related NewsNomura Adds HKEX (00388.HK) TP to $330.58; Profit Rises as ADT Improves
Chinese insurers PING AN (02318.HK)  -0.500 (-1.100%)    Short selling $951.80M; Ratio 26.944%   , CHINA LIFE (02628.HK)  -0.340 (-2.615%)    Short selling $75.44M; Ratio 8.799%   , CHINA TAIPING (00966.HK)  -0.170 (-1.828%)    Short selling $15.64M; Ratio 9.412%   and PICC P&C (02328.HK)  +0.080 (+0.758%)    Short selling $59.15M; Ratio 14.527%   jumped up 4.4% to 5.4%, while CPIC (02601.HK)  +0.100 (+0.454%)    Short selling $163.47M; Ratio 26.834%   shot up 8%. Telecoms CHINA TELECOM (00728.HK)  -0.120 (-2.691%)    Short selling $11.63M; Ratio 2.051%   , CHINA UNICOM (00762.HK)  -0.070 (-1.109%)    Short selling $583.28K; Ratio 0.262%   and CHINA MOBILE (00941.HK)  -0.550 (-0.740%)    Short selling $40.02M; Ratio 2.158%   leaped over 4%. In addition, CHINA SHENHUA (01088.HK)  +0.400 (+1.116%)    Short selling $116.07M; Ratio 14.560%   mounted 5.4%.

Moreover, SHENZHEN INT'L (00152.HK)  +0.050 (+0.739%)    Short selling $2.95M; Ratio 5.662%   and CITIC (00267.HK)  +0.160 (+1.871%)    Short selling $21.95M; Ratio 17.231%   escalated 6.3% and 5%, while GUANGDONG INV (00270.HK)  -0.080 (-1.636%)    Short selling $13.25M; Ratio 15.368%   ballooned 4.9%. CLP HOLDINGS (00002.HK)  +0.250 (+0.377%)    Short selling $10.97M; Ratio 7.842%   and POWER ASSETS (00006.HK)  +0.500 (+1.068%)    Short selling $12.22M; Ratio 9.840%   also hiked over 2%. CKH HOLDINGS (00001.HK)  +0.200 (+0.473%)    Short selling $18.61M; Ratio 8.075%   also increased 2.8% after the UK cleared national security concerns over the merger of the British buisinesses of Three UK and Vodafone. BOC HONG KONG (02388.HK)  +0.050 (+0.193%)    Short selling $35.10M; Ratio 19.981%   ascended 3.7%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-20 16:25.)

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