HK stocks backpedal over 200 pts in the afternoon session

HK stocks rebounded obviously in the afternoon session. HSI rose over 200 pts at the opening to stand at 13545 pts, up 214 pts, on a turnover of HK$5.3 bln.Property stocks went up . Sun Hung Kai Properties(0016) rose by HK$3.5 to stand at HK$79.5; Cheung Kong(0001) went up Hk$3.00 to HK$90.25; Henderson Land Development(0012) went up HK$0.4; New World Development(0017) was also slightly up HK$0.05 to stand at HK$10.15.HSBC (0005) , which was slumped in the morning , regained stabilities to stand at HK$95.5, only down HK$0.5; Hang Seng Bank(0011) went up HK$1.00 to stand at HK$90.5; China Mobile(0941) rose by HK$1.00 to HK$37.9; Hutchison Whampoa(0013) rose by HK$2.75 to stand at HK$86.75.

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