ADR Code│Relative price (HKD)│Premium of HK stocks vs ADR (%)

CKHUY.NASD OTHER│44.963│0.53%
CLPHY.NASD OTHER│67.522│-0.77%
HOKCY.NASD OTHER│6.923│2.70%
WARFY.NASD OTHER│19.837│1.83%
HSBC.NYSE│90.611│-0.67%
HGKGY.NASD OTHER│52.975│-0.24%
PCCWY.NASD OTHER│5.098│5.73%
HSNGY.NASD OTHER│110.346│0.77%
HLDCY.NASD OTHER│24.115│1.60%
SUHJY.NASD OTHER│80.902│0.49%
NDVLY.NASD OTHER│5.601│-8.94%
SWRAY.NASD OTHER│70.089│-0.13%
BKEAY.NASD OTHER│11.431│-1.32%
GXYEF.NASD OTHER│23.726│34.87%
HLPPY.NASD OTHER│6.211│1.92%
GELYY.NASD OTHER│18.818│0.86%
CTPCY.NASD OTHER│10.237│-2.71%
CPCAY.NASD OTHER│9.662│0.50%
CGHLY.NASD OTHER│6.547│8.90%
HKXCY.NASD OTHER│384.286│0.19%
TVBCY.NASD OTHER│2.899│14.52%
TTNDY.NASD OTHER│92.322│-0.24%
CAOVY.NASD OTHER│13.45│1.26%
TCEHY.NASD OTHER│515.13│0.46%
CICHY.NASD OTHER│6.702│0.72%
LNVGY.NASD OTHER│10.183│-0.03%
CKISY.NASD OTHER│49.817│6.89%
BYDDY.NASD OTHER│413.224│0.57%
AAGIY.NASD OTHER│63.224│-0.04%
IDCBY.NASD OTHER│5.457│0.79%
SCHYY.NASD OTHER│16.024│0.60%
ANPDY.NASD OTHER│95.602│-0.94%
PNGAY.NASD OTHER│48.114│0.39%
BHKLY.NASD OTHER│32.493│0.48%
CIHKY.NASD OTHER│48.37│0.58%
BACHY.NASD OTHER│4.549│0.68%

On a pro-rata basis, it is equivalent for HSI to open down 104 pts to 23,445 this morning.