MARKET TALK: HK Short Sales +3.1% Wednesday; HSBC Tops List

28th Jul 2010 00:36

2336 GMT [Dow Jones] HK short-selling volume +3.1% at HK$2.99 billion yesterday, as percentage of total market volume slipped to 4.8% vs Tuesday's 5.4%, suggesting bears remained deterred by HSI's winning streak, up for 7 straight sessions for cumulative gains of 5.0%. HSBC (0005.HK) topped list with HK$280.51 million amid recent outperformance, followed by A50 China Tracker (2823.HK) with HK$169.49 million, ICBC (1398.HK) with HK$160.70 million. Bank of Communications (3328.HK), Tencent (0700.HK) rounded out top 5, with HK$136.30 million, HK$131.61 million respectively. ([email protected]) Contact us in Singapore. 65 64154 140; [email protected] (END) Dow Jones Newswires July 28, 2010 19:36 ET (23:36 GMT)