HSI 20,375 -2.5% HSCEI 11,612 -3.7% Market Turnover HK$ 93.64 billion
Market focus on the speculation of China Mobile (941 HK)'s A share listing; stock ended up +1.7%, Turnover close to double as HK$90 during intraday trading.
Economy: National Development and reform commission (NDRC)'s chairman says China doesn't see bottom in the current economic slump and it’s domestic demand still weak which triggering selloff across the board.
Financial: CCB (939 HK) down -3% as it is said to cut its new lending by 70% in the second half of 2009. ICBC (1398 HK) down -2.5%, Bank of Communication (3328 HK) down -4% .
Autos: Passenger car sales up +70% YoY to 832,596 units. Denway (203 HK) up +2%, Geely Auto (175 HK) up+2%.
Coals: China Shenhua (1088 HK) down -2.3% 1 HNP +12.9% YoY to Rmb15.98bln, China Coal (1898 HK) down -4.8%, Hidili Industry (1393 HK) down -2%.
Shipping: As BDIY down -5% 6th consecutive day. China Cosco (1919 HK) down -7.9% , Pacific Basin (2343 HK) down -7%
Consumer: Gome (493 HK) down -7.8% on news of frozen former Chair's Assets
