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2009-1-13 02:11:00 p.m. HKT, XFNA
DJ MARKET TALK: HK Short Sales +34.8% Midday; Bank Of China Tops
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1402 [Dow Jones] HK morning short-selling volume +34.8% at HK$2.272 billion, 9.1% of market total vs 6.5% Monday, suggesting bears still anticipating further market downside. Bank of China (3988.HK) grabs lion's share with HK$435.20 million, 19% of total amount shorted, perhaps on belief just matter of time before Royal Bank of Scotland sells down stake. China Mobile (0941.HK) in second place with HK$262.74 million, then comes China Construction Bank (0939.HK) with HK$207.92 million, PetroChina (0857.HK) with HK$143.59 million. No other stocks have more than HK$100 million worth of shorts.(RLI)
(Delayed by 1 hour)
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