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2009-6-10 09:50:00 a.m. HKT, XFNA
DJ MARKET TALK: Most HK Blue Chips Bid Up;Cnooc +2.5%, HKEx +1.3%
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0945 [Dow Jones] Most HK blue chips bid up at pre-open, suggesting bargain-hunting interest strong after HSI's 2-day, 3.3% fall on profit-taking. HK property, bank names strong, with Bank of East Asia (0023.HK), Hang Lung Properties (0101.HK), BOC HK (2388.HK) each up at least 2%, suggesting reflation still one of main punting themes. HKEx (0388.HK) indicated +1.3% at HK$121.00, rebounding after falling 6.2% Monday, Tuesday. Cnooc (0883.HK) bid +2.5% at HK$10.86 on crude rally to above US$70/bbl.(RLI) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
(Delayed by 1 hour)
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