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2009-6-4 09:45:00 a.m. HKT, XFNA
DJ MARKET TALK: China Consumption Plays Bid Up At Pre-Open
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0941 [Dow Jones] Pre-open indication seems to suggest HK-listed China retail stocks may be latest target of rotational buying. Parkson (3368.HK) bid +11.0% at HK$12.10, Li Ning (2331.HK) +6.1% at HK$19.50, China Dongxiang (3818.HK) +5.2% at HK$4.84, all in top 10 percentage gainers list. Among blue chips, Tencent (0700.HK), arguably can be classified as consumption play, indicated +4.6% at HK$93.00, is best-performing index member.(RLI) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
(Delayed by 1 hour)
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