Daily Market Summary

类型：投资策略机构：金利丰证券有限公司研究员：金利丰证券研究所日期：2015-04-01

Hong Kong Stock Market Summary

The HSI opened up and once hit 25,113, yet retreated with the weak Mainland markets afterwards, closing at 24,900, up 45 pts. The main board turnover was HK$148.88bn. China announced this morning, Mar’s Manufacturing PMI at 50.1, breaking through the dividing line.

BELLE INT’L (1880) rose 3.2% to HK$9.03, and became the top gainer of the HSI. China lowered minimum down payments on second homes to 40%. Yet, mainland developers fell after opening high. CHINA OVERSEAS LAND (688) sank 3.7% to HK$25.05, the steepest loss of the HSI. CHINA RES LAND (1109) and CHINA VANKE (2202) both slid 1.4%. Railway infrastructure shares declined. CHINA COMM CONS (1800) once jumped to HK$12.6 after trading resumed, as it announced a spin-off of its dredging business, but closed at HK$10.92, down 4.4%. CHINA RAILWAY (390) and CHINA RAIL CONS (1186) fell 2.1% and 4%.