State-owned companies rose 457 points in the year to record high

Source: Internet
Author: User
Keywords Hong Kong dollar large
Tags .mall analysts closed enterprises high high level index market
U.S. stocks awake a full rally, for the big Hong Kong equities in the period of the day to bring a weak warehouse, state-owned enterprises index to 9,901 points after a large opening with the city of Hong Kong stock market unilateral advance, break through 10,000 points of critical psychological resistance, the highest see 10,163 points, and will be the early small double top resistance level under the horse, hit nearly 7 months of high, At noon, it reached a high level, closed at 10,141 points, a big rise of 457 points, or 4.72%, and the turnover was enlarged to HK $15.61 billion, which exceeded yesterday's full day. Analysts are a little puzzled by the strength of the city, refers to the absence of any fundamental reasons to support the big city of Hong Kong stock market early surge, the material is only a large number of futures market, while the main use of HSBC Holdings (0005-HK) lower than the next month to push big cities, the proposal investors after a rally to lighten.  That is, the monthly point of 444 points, low water 97 points, June low water 81 points, the contract 35828. The performance of the BOC Index, Bank of China (3988-HK) and Bank of Communications (3328-HK) rose nearly 7%, Merchants Bank (3968-HK) and Construction Bank (0939-HK) rose 5.52% and 5.01%, ICBC (1398-HK) also rose 4.11%  , insurance stocks are not outdone, China Ping ' an (2318-HK) and Chinese longevity (2628-HK) rose 4.4% and 3.95%.  Second-line component stocks also hype, Dongfeng Group (0489-HK) rose 9.3%, China Ocean (1919-HK) and Fuli Real Estate (2777-HK) rose 8.17% and 7.66%, the capital Airport (0694-HK) and Shanghai Petrochemical (0338-HK) rose 7.45% and 7.09%. Looking forward to Buffett's stake, coupled with the recent hot smart grid concept, Northeast Electric (0042-HK) surged nearly 60% this morning, a 52-week high of HK $2.4 and a temporary suspension at 10:50. Chengdu Putian Cable (1202-HK) also followed the FRY, a sharp rise of 47.45%, Oriental Electric (1072-HK), the market slightly down 0.17%.  Electricity stocks moderated modestly, with the slowdown in power generation in the middle of May not too much support, Huaneng International (0902-HK) rose 1.65%, Datang Power (0991-HK) and Huadian International (1071-HK) rose 2.9% and 2.43%, and CR Power (0836-HK) rose 0.87%. Xinyi Glass (0868-HK) proposed to dismantle nearly 8% of the placing of 170 million shares to raise funds of nearly HK $1 billion, falling 6%.
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