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<H Shrs>HSI Elevates 182 pts at Midday, Led by CN Developers & CN Financials as Gold Miners Boom
Hong Kong stocks repeatedly prospered this morning. The HSI added 182 points or 0.9% to 20,501 at midday. The HSCEI hiked 75 points or 1% to 7,353. The HSTECH picked up 16 points o...
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<H Shrs>HSI Elevates 182 pts at Midday, Led by CN Developers & CN Financials as Gold Miners Boom
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Hong Kong stocks repeatedly prospered this morning. The HSI added 182 points or 0.9% to 20,501 at midday. The HSCEI hiked 75 points or 1% to 7,353. The HSTECH picked up 16 points or 0.4% to 4,467. Total half-day turnover for the market amounted to $117.711 billion.

The Ministry of Housing and Urban-Rural Development (MOHURD) and the People's Bank of China (PBOC) will hold a press conference tomorrow (17th) on promoting the development of the property market. Chinese developers inclined, with SUNAC (01918.HK)  -0.040 (-1.688%)    Short selling $30.74M; Ratio 3.274%   soaring 22%. R&F PROPERTIES (02777.HK)  +0.060 (+3.468%)    Short selling $5.15M; Ratio 3.985%   and CHINA VANKE (02202.HK)  -0.210 (-3.292%)    Short selling $29.13M; Ratio 10.489%   spiked 15%, while KWG GROUP (01813.HK)  -0.020 (-4.211%)   , CIFI HOLD GP (00884.HK)  -0.010 (-3.175%)   , SINO-OCEAN GP (03377.HK)  -0.015 (-4.918%)   , LONGFOR GROUP (00960.HK)  -0.400 (-3.571%)    Short selling $58.24M; Ratio 26.555%   and YUEXIU PROPERTY (00123.HK)  -0.290 (-5.009%)    Short selling $13.33M; Ratio 11.829%   rallied 9-11%.

Building materials stocks followed the rally, with CNBM (03323.HK)  -0.150 (-4.335%)    Short selling $19.71M; Ratio 18.207%   escalating 9.3%. BBMG (02009.HK)  -0.040 (-4.819%)    Short selling $670.71K; Ratio 7.236%   swelled 6.8%, while CR BLDG MAT TEC (01313.HK)  -0.050 (-2.660%)    Short selling $1.07M; Ratio 6.989%   , CONCH CEMENT (00914.HK)  -0.650 (-3.044%)    Short selling $19.97M; Ratio 33.197%   and ANGANG STEEL (00347.HK)  -0.060 (-4.054%)    Short selling $698.42K; Ratio 7.720%   advanced over 5%.

Chinese financials rose. Brokers HTSC (06886.HK)  -0.540 (-4.000%)    Short selling $33.87M; Ratio 17.798%   , HAITONG SEC (06837.HK)  -0.210 (-3.000%)    Short selling $37.24M; Ratio 22.954%   , GF SEC (01776.HK)  -0.360 (-3.214%)    Short selling $20.51M; Ratio 19.137%   , CICC (03908.HK)  -0.760 (-5.398%)    Short selling $52.55M; Ratio 12.928%   and CGS (06881.HK)  -0.460 (-6.174%)    Short selling $51.98M; Ratio 9.862%   leaped 3.1-4.1%, while Chinese insurer PICC GROUP (01339.HK)  -0.160 (-4.145%)    Short selling $25.83M; Ratio 15.725%   mounted 5.1%. ZA ONLINE (06060.HK)  -0.780 (-5.795%)    Short selling $20.46M; Ratio 25.958%   and CHINA TAIPING (00966.HK)  -0.520 (-4.167%)    Short selling $8.94M; Ratio 6.081%   gained 3.7%, while Chinese banks CM BANK (03968.HK)  -0.800 (-2.232%)    Short selling $122.04M; Ratio 18.458%   and BANKCOMM (03328.HK)  -0.080 (-1.363%)    Short selling $51.36M; Ratio 44.808%   jumped 3.3%. PSBC (01658.HK)  -0.050 (-1.094%)    Short selling $58.09M; Ratio 18.363%   , BANK OF CHINA (03988.HK)  -0.050 (-1.362%)    Short selling $446.49M; Ratio 42.611%   and ABC (01288.HK)  -0.070 (-1.772%)    Short selling $262.29M; Ratio 49.555%   ascended over 2%.

Gold prices increased. ZHAOJIN MINING (01818.HK)  -0.220 (-1.846%)    Short selling $20.70M; Ratio 17.544%   and SD GOLD (01787.HK)  -0.180 (-1.266%)    Short selling $16.02M; Ratio 15.088%   ballooned over 5%, while ZIJIN MINING (02899.HK)  -0.280 (-1.821%)    Short selling $73.98M; Ratio 19.469%   climbed 3.2%. For metal stocks, CHINAHONGQIAO (01378.HK)  -0.660 (-5.375%)    Short selling $56.75M; Ratio 16.155%   and CHALCO (02600.HK)  -0.160 (-3.272%)    Short selling $13.46M; Ratio 13.276%   mushroomed 6.4% and 4.6%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-22 16:25.)

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