国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

BIZCHINA> Top Biz News
Hong Kong stocks close 2.26% lower
(Xinhua)
Updated: 2009-03-20 16:36

Hong Kong stocks reversed early gains to close at 12,833.51 on Friday, down 297.41 points, or 2.26 percent.

Turnover was down to HK$43.89 billion ($5.63 billion) from Thursday's HK$48.59 billion ($6.23 billion).

Hong stocks reversed opening gains to end 2.26 percent lower on mounting selling pressure on China Mobile after it was rumored that an investor attempted to sell off millions of shares in the heavyweight.

China Mobile was obviously the target of negative comments as institutions slashed the target prices for, or downgraded, shares of the mainland mobile operator. It slumped HK$3.6, or 5.4 percent, to close at HK$63.1.

The blue chip index moved between 12,797.10 and 13,157.9 before closing at 12,833.51. Market turnover totaled HK$43.89 billion ($5.63 billion), down from Thursday's HK$48.59 billion ($6.23 billion).

The HSI futures were trading at a discount of 45 points, suggesting potential downside pressure after the recent rebound that spanned a week, whereas the China Enterprises Index futures were trading at a premium of 35 points.

Full-day shorting totaled 2.62 billion HK dollars ($336 million), or about 6 percent of the market turnover. China Mobile led the shorting list by contributing 7.3 percent of the shorting, followed by Li&Fung and HSBC.

The mainland-based banks were also losers as investors turned cautious of the industry prospects on concerns of further weakening economic fundamentals.

Bank of Communications, one of the state-owned commercial banking giants, closed down HK$0.28, or 5.42 percent, at HK$4. 89, and Bank of China lost 4.22 percent at HK$2.27, while ICBC tumbled 5.43 percent.

China Construction Bank also went down 5.24 percent to HK$4.16.

HSBC edged down HK$0.05 to end at HK$41.45 after shareholders approved its multi-billion US dollar rights issue overnight in London. The rights will be on the Hong Kong stock market for trading starting from Monday.

The finance sub-index lost 510.96 points, or 2.74 percent, making it the biggest loser among the four major stock categories.

Local banking players Hang Seng Bank and Bank of East Asia were down 3.06 percent and 1 percent, respectively, while mainland insurance players China Life and Ping An respectively shed 2.2 percent and 3.93 percent.

Cheung Kong, the conglomerate headed by Hong Kong's richest man Li Ka-shing, also tumbled 3.51 percent at HK$63.15, while SHK Properties, the leading residential developer in Hong Kong, was down 2.11 percent at HK$64.9.

 


(For more biz stories, please visit Industries)

 

 

铜山县| 凤山县| 高青县| 昌邑市| 嫩江县| 兰坪| 马尔康县| 绥宁县| 通河县| 灵武市| 新宁县| 沽源县| 石渠县| 塔河县| 舟曲县| 武穴市| 鄂尔多斯市| 衡山县| 普洱| 常宁市| 南宫市| 田阳县| 故城县| 汝城县| 西乌| 金华市| 惠水县| 深州市| 许昌市| 泾川县| 长岭县| 海口市| 巴里| 宝山区| 炎陵县| 阿克陶县| 石台县| 南丹县| 贡嘎县| 沙雅县| 宣武区|