The state-owned enterprise index rose 55 points at noon to maintain the rally

Source: Internet
Author: User
Keywords Banks stock prices rally
The index of state-owned enterprises went low this morning the mood of the weekend to watch the apparent warming, so that the first paragraph to follow the rally in the peripheral market has been stifled, the state pointed out after 10,868 points back and fall, at noon by the big city of Hong Kong stock market fell down to almost erase all the increase, Half-day closed 10,762 points, 55 points, or 0.52% The turnover was sharply reduced to HK $10.187 billion. The first Shanghai securities that Hong Kong stocks in the short term has risen by nearly 20%, the market sentiment is still cautious, it is expected that the short-term volatility of Hong Kong stocks will be more intense, on the grounds that Hong Kong stocks have been running to win the peripheral stock market.  That is, the month refers to the rise of 118 points to 10,692 points, low water 71 points. Power unit by May power data support, obviously chasing backward, Datang power generation (0991-HK) rose 5.54%, Huaneng International (0902-HK) also rose nearly 6%, China Resources Power (0836-HK) and Chinese Power (2380-HK) rose 1.12% and 6.75%,  The former proposed a substantial discount to 20% per cent of the financing of the 5.9 billion, but as the next Monday will be included in the HSI family, the blue-chip upstart effect to curb the decline in share prices. The strength of the commodity market still supports the shares ' performance, with oil stocks apparently following the rise in oil prices, and PetroChina (0857-HK) is up 1.54%, supporting the performance of the big city. China Sea oil Field Services (2883-HK) also followed the speculation, Rose 3.56%, CNOOC (0883-HK) was joined by Goldman Sachs to buy the list, the share price rose 4.12%. Sinopec (0386-HK), saw the blow, fell nearly 2%, Shanghai Petrochemical (0338-HK) fell nearly 3%.  Metal stocks also higher, Jiangxi Copper (0358-HK) and Zijin Mining (2899-HK) rose 1.71 and 1.69%, Luoyang Molybdenum Industry (3993-HK) rose 0.66%.  Coal shares also performed well, Yanzhou Coal (1171-HK) has raised its rating to buy, the target price increased the more times, stimulating the stock price 5.66%, the same as China Shenhua (1088-HK) and the Chinese Coal Energy (1898-HK) rose 0.94% and 1.55%. ICBC (1398-HK) entered Canadian banking to speed up overseas expansion, with a 1.04% rise in shares, a modest rise in bank shares, Bank of China (3988-HK) and Bank of Communications (3328-HK) 0.8%, CCB (0939-HK) and merchant Bank (3968-HK)  Rose 0.78% and 0.37%. Shipping shares did not heed the strength of the BDI, the second consecutive day, the Chinese Ocean (1919-HK) rose 4.69%, China Sea Development (1138-HK) and CSCL (2866-HK) rose 3.65% and 2.03%.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.