HSI closed up 0.75% at 19872.30 in thin volume today due to gains in A-shares as Shanghai Composite almost giving back all of today\'s gains. Despite continuous drag from A-shares, it is expected that the support is at 19,500 as investors are said to start accumulating blue chip stocks in stages when the benchmark reaches this level.
Shares of Esprit ended down 2.4% at HK$46.00. China Mobile closed up 0.99% at HK$76.15, Bank of East Asia +4% at HK$26.00, Guoco off 1.21% at HK$73.35.
Best regards,
Analyst: Vladimir Donin