MARKET TALK: HK Short Sales Double Tuesday; 8.5% Of Mkt Total

29th Jun 2010 00:28

2328 GMT [Dow Jones] HK short-selling volume piled up yesterday afternoon amid A-shares-induced market weakness, with full-day volume at HK$5.024 billion vs HK$1.608 billion at interval. Overall volume more than doubled vs Monday, as percentage of market total sharply higher at 8.5% vs Monday's 5.5%, indicating bears stepping up bets. China Construction Bank (0939.HK) topped list with HK$352.73 million, followed by China Mobile (0941.HK) with HK$284.34 million, HSBC (0005.HK) with HK$203.79 million. China Life (2628.HK), Ping An (2318.HK) rounded out top 5, with HK$198.15 million, HK$175.98 million respectively. ([email protected]) Contact us in Singapore. 65 64154 140; [email protected] (END) Dow Jones Newswires June 29, 2010 19:28 ET (23:28 GMT)