State-owned surges, red chips go separate

State-owned shares revived this morning. It rose 6.39, or 1.6%, to stand at 379.21.Jiangsu Expressway rose HK$1.33, or 6.4%, to stand at HK$0.08. Sinopec rebounded over 3% to stand at HK$1.18, gaining HK$0.03. Red chips developed in separate paths. Red chips index rose sightly to stand at 1089pts. CITIC Ka Wah Bank (0183) stood at HK$2.425, up HK$0.05. COSCO Pacific(1199) increased HK$0.05 to stand at HK$4.725. while China Everbright Holdings(0165) saw selling pressure continuously, falling by HK$0.4, or 5.1% to HK$7.4.

Related stock : (183)(1199)(165)