State-owned Enterprises index half a 204 point retry earlier high

Source: Internet
Author: User
The HKMA has been in the market for two days, combined with U.S. stocks Shangye, Hong Kong stocks have been on the move, heavy on the EMA, noon at 18,497 points, 212 points, or 1.16%, half-day turnover of 32.82 billion Hong Kong dollars, the state-owned enterprises index close to the threshold, rose 1.9% to 10,968 points.  With the return of hot money to Hong Kong after one months of silence, the HKMA has been in the market for $ three in the past week, to make the bank system balance again high innovation, if hot money inflow and then staged such as the early marathon of the market, it is inevitable to stimulate speculation, Hong Kong stocks in the transaction of the match, have the opportunity to break through the important resistance of the nine mark. Chinese-funded shares led the rise, China Merchants International (0144-HK) rose 5.21% to the top of the increase, Shenhua (1088-HK) and China Unicom (0762-HK) rose 4.57% and 4.46%, then the Bank of Communications (3328-HK) was significantly higher than the target price of Daiwa Securities,  The shares rose 4.07%, while the CCB (0939-HK) reported a joint venture with the Spanish cooperative Banking group, which also rose 1.5% per cent, while ICBC (1398-HK) and Bank of China (3988-HK) were slightly short of power today, rising 0.74% and 1.39%. As local property stocks continued to see buying, Hang lung property (0101-HK) Rose 3.77%, and Goldman Sachs reopened the unit to a neutral rating with a target price of HK $25. Goldman Sachs also maintained Cheung Kong's 0001-HK bid rating of HK $105, which rose 2.31% at midday to HK $92.95. The same kind of sun Hung Kai Property (0016-HK) and New World Development (0017-HK) rose 3.05% and 2.5%.  Financial stocks beat the big city rally, with HSBC Holdings (0005-HK) down 1.29% and Hang Seng Bank (0011-HK) down 0.09%. In terms of constituent stocks of state-owned enterprises, more than 95% per cent of the shares were higher, shipping stocks were the leader of the market, CSCL (2866-HK) and China Sea Development (1138-HK) rose 8.29% and 7.21%, and Cosco (1919-HK) rose 6.9% to include the top three. PetroChina (0857-HK) rose 1.89% as oil prices climbed. China Railway (0390-HK) has been boosted by Credit Suisse's target price, with shares rising nearly 7%. Anshan Iron and Steel Shares (0347-HK) clarified and Liaoning found that the stone ore, the price of the market fell 0.45%.

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