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Updated2024/11/15 15:10
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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)  -0.050 (-1.894%)    Short selling $9.85M; Ratio 1.901%   soaring 22%. R&F PROPERTIES (02777.HK)  +0.020 (+1.183%)    Short selling $1.65M; Ratio 4.609%   and CHINA VANKE (02202.HK)  -0.180 (-2.736%)    Short selling $24.74M; Ratio 17.315%   spiked 15%, while KWG GROUP (01813.HK)  0.000 (0.000%)   , CIFI HOLD GP (00884.HK)  -0.005 (-1.449%)    Short selling $54.93K; Ratio 0.680%   , SINO-OCEAN GP (03377.HK)  0.000 (0.000%)   , LONGFOR GROUP (00960.HK)  +0.060 (+0.528%)    Short selling $33.06M; Ratio 28.400%   and YUEXIU PROPERTY (00123.HK)  -0.120 (-2.024%)    Short selling $5.27M; Ratio 22.297%   rallied 9-11%.

Building materials stocks followed the rally, with CNBM (03323.HK)  -0.040 (-1.250%)    Short selling $5.64M; Ratio 30.437%   escalating 9.3%. BBMG (02009.HK)  0.000 (0.000%)    Short selling $367.69K; Ratio 7.801%   swelled 6.8%, while CR BLDG MAT TEC (01313.HK)  -0.010 (-0.526%)    Short selling $478.08K; Ratio 10.784%   , CONCH CEMENT (00914.HK)  -0.450 (-2.138%)    Short selling $8.51M; Ratio 34.889%   and ANGANG STEEL (00347.HK)  -0.020 (-1.389%)    Short selling $949.60K; Ratio 14.658%   advanced over 5%.

Chinese financials rose. Brokers HTSC (06886.HK)  -0.680 (-4.857%)    Short selling $7.40M; Ratio 7.350%   , HAITONG SEC (06837.HK)  -0.180 (-2.575%)    Short selling $8.69M; Ratio 18.235%   , GF SEC (01776.HK)  -0.440 (-3.806%)    Short selling $1.05M; Ratio 3.468%   , CICC (03908.HK)  -0.780 (-5.313%)    Short selling $35.43M; Ratio 18.337%   and CGS (06881.HK)  -0.420 (-5.505%)    Short selling $27.45M; Ratio 13.863%   leaped 3.1-4.1%, while Chinese insurer PICC GROUP (01339.HK)  -0.050 (-1.289%)    Short selling $10.42M; Ratio 14.533%   mounted 5.1%. ZA ONLINE (06060.HK)  -0.120 (-0.901%)    Short selling $4.08M; Ratio 15.443%   and CHINA TAIPING (00966.HK)  +0.040 (+0.325%)    Short selling $3.07M; Ratio 6.059%   gained 3.7%, while Chinese banks CM BANK (03968.HK)  -0.850 (-2.273%)    Short selling $109.40M; Ratio 33.625%   and BANKCOMM (03328.HK)  +0.040 (+0.694%)    Short selling $39.09M; Ratio 59.615%   jumped 3.3%. PSBC (01658.HK)  +0.040 (+0.893%)    Short selling $34.93M; Ratio 35.818%   , BANK OF CHINA (03988.HK)  +0.030 (+0.836%)    Short selling $184.65M; Ratio 44.471%   and ABC (01288.HK)  +0.020 (+0.526%)    Short selling $88.13M; Ratio 18.374%   ascended over 2%.

Gold prices increased. ZHAOJIN MINING (01818.HK)  +0.320 (+2.899%)    Short selling $17.24M; Ratio 28.157%   and SD GOLD (01787.HK)  +0.300 (+2.269%)    Short selling $7.97M; Ratio 14.419%   ballooned over 5%, while ZIJIN MINING (02899.HK)  +0.300 (+2.080%)    Short selling $75.65M; Ratio 15.233%   climbed 3.2%. For metal stocks, CHINAHONGQIAO (01378.HK)  +0.200 (+1.736%)    Short selling $117.98M; Ratio 32.518%   and CHALCO (02600.HK)  +0.060 (+1.232%)    Short selling $31.06M; Ratio 31.034%   mushroomed 6.4% and 4.6%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-15 12:25.)

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