Hong Kong stocks narrow the loss

Hong kong stocks rebounded after it fell over 200pts in the morning session. Hang Seng Index narrowed the loss to 34pts to stand at 13487pts on a turnover of HK$2.2bln.Although HSBC Holdings(0005) fell by HK$2 to stand at HK$93.5, the other blue chips  regained stability. Hang Seng Bank(0011) rose HK$1.5 to stand at HK$90.75 , regaining HK$90 level. Telecom stocks, China Mobile(0941) played flat to stand at HK$38.5. Hutchison Whampoa(0013) also sustained at HK$85.25.PCCW (0008) rebounded by HK$0.025 to HK$3.975.Properties revived. Sun Hung Kai Properties(0016) rose HK$0.75 to stand at HK$79.5. Cheung Kong (Holdings)(0001) rose HK$1 to stand at HK$89.75. Henderson Land Development(0012) rose HK$0.3 to stand at HK$43. New World Development (0017) rose HK$0.25 to stand at HK$10.85. CITIC Pacific (0267) rose HK$0.2 to stand at HK$24 ahead of its earnings report.

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