Senin, 16 Maret 2009

Reuters HK shares head for fifth day of gains led by banks

* HSBC gains on capital adequacy reassurance

* China banks rally ahead of 2008 earnings

* Oil stocks dip after OPEC holds production steady

By Parvathy Ullatil (Updates to midday)

HONG KONG, March 16 (Reuters) - Hong Kong shares are headed for a five-day winning streak, rising 1 percent by midday on Monday, as HSBC extended gains on a capital adequacy reassurance while China stocks rallied ahead of key earnings this week.

Chinese stocks listed in Hong Kong defied losses even as their Shanghai-listed counterparts fell, building on last week's 7.3 percent rally as their inexpensive valuations vis-a-vis their mainland counterparts generated a slight thaw in fund flows.

The premium gap .HSCAHPI between yuan-denominated A-shares and Hong Kong-listed H-shares has fallen to 42 percent from 57 percent a week ago. more...

Tidak ada komentar:

Posting Komentar