HONG KONG CLOSURE BAG
Shanghai (China), Feb 25 – The benchmark index of the Hong Kong Stock Exchange, the Hang Seng, closed today with losses of 0.59% in a session marked by the poor performance of the main oil companies or of real estate values.
The selective index lost 134.38 points to 22,767.18, while the Hang Seng China Enterprises index that measures the behavior of mainland Chinese companies listed on the Hong Kong stock exchange lost 0.49%.
Mixed sign among the sub-indices, although the falls in Finance (-1.44%) and Real Estate (-1.18%) weighed more than the upturns in Commerce and Industry (+0.12%) and Services (+0.2 %).
Among the worst stops of the day, the three major Chinese state oil companies: Petrochina (-3.76%), Cnooc (-3.16%) and Sinopec (-2.99%).
It was also not a good session for real estate companies such as China Resources Land (-3.29%) or Longfor Group (-2.8%), nor for financial stocks such as the banking giant HSBC (-2.49%) or the local subsidiary of the state Bank of China, BOC Hong Kong (-2.59%).
On the other side of the coin, the rebound of Alibaba (+0.38%) and, above all, of its health services subsidiary, Alibaba Health (+4.92%).
The trading volume of the session was 142,700 million Hong Kong dollars (18,276 million dollars, 16,350 million euros).