Chinese bank shares burden HSI volume rose 4%

Securities Times reporter Wu Jiaming in the mainland yesterday released the May CPI and PPI data, the market is looking forward to a new economic stimulus after the introduction of the Hong Kong Hang Seng Index High Drive high, including Chinese banks, the performance of eye-catching, leading the HSI afternoon soared.　　Eventually, the index closed at 18785.66 points, Rose 4.03%, traded 83.526 billion Hong Kong dollars, and the state-owned enterprises, which ran a big market, hit 11033.55 points, or 5.04%. "Six line two insurance" into the city leading to "six line two insurance" as the representative of the Chinese financial stocks yesterday surged, the Bank of China (03988.HK) rose 8.29%, closed to 3.79 Hong Kong dollar, ICBC (01398.HK) rose 8.29%, closed to HK $5.03; Construction Bank (00939.HK) Rose 5.34%, closed to HK $5.33, and three shares contributed to the rise of the index at 198 points. Bank of Communications (03328.HK), China Merchants Bank (03968.HK) and Citic Bank (00998.HK) also rose to 4.7%, 6.33% and 7.69% respectively.　　In addition, Chinese longevity (02628.HK) and China's Insurance (02328.HK) also rose 4.98% and 5.46% respectively. Sources said that the mainland May new credit will reach 660 billion yuan. Some analysts said that yesterday's Chinese bank stocks rose or were spurred by the news.　　According to the Hong Kong Stock Exchange, on June 5, the UBS Group increased its holdings of 5.1049 million shares at the average price of HK $16.653 per share. Future differences increased China Mobile (00941.HK) and HSBC Holdings (00005.HK) yesterday again played a "city locomotive", Rose 4.54% and 4.3% respectively, a 82.95 Hong Kong dollar and 66.75 Hong Kong dollars, to the index to bring 195 points of income. In addition, the rebound in international oil prices and gold prices rebounded, the relevant resource stocks also have a good performance: China's offshore oil (00883.HK) rose 3.21%, closed to HK $10.94; PetroChina (00857.HK) rose 4.09% per cent to HK $9.41. China Shenhua (01088.HK), the coal leader, surged 5.95% per cent to 27.6 Hong Kong dollar, while coal production in the country (01898.HK) reported a sharp increase of 20% in May, with shares up 4.44%.　　The rise of blue-chip stocks yesterday fell to Chinalco (02600.HK), which rose 8.76% per cent to 8.44 Hong Kong dollars, but only supported the rise of the index at 10 points because of its smaller weight. For future trends, the more optimistic view that the short-term adjustment of the Hang Seng index in place, yesterday's turnover has been enlarged, showing that the field funds are entering the market, a new round of the wave can be at least 19,800 points; But some analysts pointed out that the recent high volatility in the index, reflecting investors worried about the priceThe risks posed by the rapid rise are now needed to remain sober, and the index is expected to be back in the 3rd quarter of this year, with an adjustment of about 20% per cent.