Petro-chemical stocks drags the state-owned down

The down range of the state-owned stocks was widened in the afternoon session. Several petro-chemical stocks went down sharply to drag the HSI down. HSI closed at 393.07 pts, down 9.97 pts. Red chips index also dropped by 26.56 pts to close at 1138.55 pts.Petrochina(0857) slipped by HK$0.03 to close at HK$1.36.Jilin Chemical Industrial (0386) even went down HK$0.03 to stand at HK$0.98. Yanzhou Coal Mining(1171) reduced by HK$0.125 to close at HK$2.525. Guangshen Railway(0525) went down HK$0.06 to close at HK$1.25. China Eastern Airlines (0670) closed at HK$1.11, down HK$0.05. In the red chips , Legend (0992) went down by HK$0.35 to close at HK$5.5. China Everbright (0165) closed at HK$8.65 , down HK$0.2. Shanghai Industrial (0363) dropped another HK$0.25 to close at HK$13.7.

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