HK stocks down 27 pts with weak property stocks

HK stocks floated in a narrow range with the property stocks down and HSBC(0005) up. HIS HSI closed at 14181.18 pts at midday, down 27 pts with a mere turnover of HK$2.74 bln.HSBC closed at HK$104, rising by HK$0.5,while China Mobile(0941) rose by HK$0.1 To close at HK$37.5. PCCW(0008) went down HK$0.05 to close at HK$0.35.Cheung Kong(0001) closed at HK$0001, down HK$0.25. Sun Hung Kai Properties(0016) fell by HK$0.75 to close at HK$84. New World Development(0017) decreased by HK$0.15 to HK$13.3. Henderson Land Development(0012) closed at HK$45.7, dropping HK$0.4. Legend (0992) closed at HK$5.5 , down HK$0.35.

Related stock : (NIL)