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

CKHUY.NASD OTHER│48.434│1.68%
CLPHY.NASD OTHER│64.84│1.87%
HOKCY.NASD OTHER│6.32│5.06%
WARFY.NASD OTHER│23.079│1.17%
HSBC.NYSE│92.927│-1.21%
HGKGY.NASD OTHER│50.475│1.14%
PCCWY.NASD OTHER│5.212│-0.04%
HSNGY.NASD OTHER│113.981│0.54%
HLDCY.NASD OTHER│26.062│2.06%
SUHJY.NASD OTHER│85.721│-0.55%
NDVLY.NASD OTHER│5.024│-0.48%
SWRAY.NASD OTHER│67.195│1.64%
BKEAY.NASD OTHER│11.382│0.33%
GXYEF.NASD OTHER│33.205│-0.62%
HLPPY.NASD OTHER│6.68│2.25%
GELYY.NASD OTHER│16.065│0.72%
CTPCY.NASD OTHER│10.519│7.42%
CPCAY.NASD OTHER│10.205│0.15%
CGHLY.NASD OTHER│7.222│5.23%
HKXCY.NASD OTHER│401.994│0.50%
TVBCY.NASD OTHER│3.562│-3.99%
TTNDY.NASD OTHER│86.365│0.45%
CAOVY.NASD OTHER│13.282│2.09%
TCEHY.NASD OTHER│507.261│0.15%
CICHY.NASD OTHER│7.61│0.53%
LNVGY.NASD OTHER│9.067│0.69%
CKISY.NASD OTHER│50.483│3.60%
BYDDY.NASD OTHER│127.41│0.07%
AAGIY.NASD OTHER│68.059│0.06%
IDCBY.NASD OTHER│6.041│0.48%
SCHYY.NASD OTHER│15.292│1.10%
ANPDY.NASD OTHER│93.094│0.44%
PNGAY.NASD OTHER│46.903│0.31%
BHKLY.NASD OTHER│35.073│0.50%
CIHKY.NASD OTHER│52.641│0.97%
BACHY.NASD OTHER│4.544│1.01%

On a pro-rata basis, it is equivalent for HSI to open down 54 pts to 23,657 this morning.