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2009-1-7 08:13:00 a.m. HKT, XFNA
DJ MARKET TALK: Most HK ADRs Up; China Mobile +0.6%,Sinopec +0.8%
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| 0805 [Dow Jones] Most HK ADRs higher vs local close, with China Mobile (0941.HK) +0.6% at equivalent of HK$83.50, China Unicom (0762.HK) +0.7% at HK$10.35; oil stocks up, Cnooc (0883.HK) +0.1% at HK$8.21, Sinopec (0386.HK) +0.8% at HK$5.25, PetroChina (0857.HK) +0.4% at HK$7.85; China Life (2628.HK) +0.9% at HK$25.79, Chalco (2600.HK) +1.6% at HK$5.08. But HSBC (0005.HK) down 1.2% at HK$76.00. If tracking ADRs fully, these stocks would only contribute to around 6-point rise to HSI due to HSBC's decline. Index ended down 0.4% at 15,509.51 Tuesday. Calculation based on USD/HKD at 7.7534. (SUT) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
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(Delayed by 1 hour)
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