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Jun 19, 2025   02:00:54 p.m.
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2009-1-19   07:59:00 a.m. HKT, XFNA
DJ MARKET TALK: HK ADRs Mostly Up; Cnooc +2.3%, But HSBC Off 3.4%
 
0752 [Dow Jones] HK's ADRs mostly higher vs local close, with China Mobile (0941.HK) +1.0% at equivalent of HK$69.87, China Unicom (0762.HK) +1.2% at HK$8.15; oil stocks also up, with Cnooc (0883.HK) +2.3% at HK$6.79, Sinopec (0386.HK) +1.2% at HK$4.32 and PetroChina (0857.HK) +1.6% at HK$6.22. China Life (2628.HK) +0.8% at HK$22.37, Chalco (2600.HK) +1.9% at HK$3.74. But HSBC (0005.HK) down 3.4% at HK$62.00, likely to weigh on sentiment as tracking ADRs of these stocks would still translate to around 6-point loss to HSI. Index ended up 0.1% at 13,255.51 Friday. Calculation based on USD/HKD at 7.7598.(SUT) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=YAzdzlQ7g8d1zwd6HniuZg%3D%3D. You can use this link on the day this article is published and the following day. (Delayed by 1 hour) -0- Copyright (c) 2009 Dow Jones & Company, Inc.
 

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