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HKADR Projects HSI to Open Down 391 pts to 19,473
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ADR Code│Relative price (HKD)│Premium of HK stocks vs ADR (%)

CKHUY.NASD OTHER│40.32│2.06%
CLPHY.NASD OTHER│63.005│2.37%
HOKCY.NASD OTHER│5.299│16.25%
WARFY.NASD OTHER│21.053│5.69%
HSBC.NYSE│74.472│0.71%
HGKGY.NASD OTHER│50.886│1.11%
PCCWY.NASD OTHER│4.071│6.85%
HSNGY.NASD OTHER│90.973│3.22%
HLDCY.NASD OTHER│23.539│2.38%
SUHJY.NASD OTHER│73.027│1.26%
NDVLY.NASD OTHER│6.4│-17.66%
SWRAY.NASD OTHER│68.599│1.31%
BKEAY.NASD OTHER│9.556│3.18%
GXYEF.NASD OTHER│33.406│2.68%
HLPPY.NASD OTHER│6.106│3.34%
GELYY.NASD OTHER│15.367│2.04%
CTPCY.NASD OTHER│8.856│-0.52%
CPCAY.NASD OTHER│9.323│0.83%
CGHLY.NASD OTHER│6.479│1.56%
HKXCY.NASD OTHER│294.593│1.90%
TVBCY.NASD OTHER│3.064│0.52%
TTNDY.NASD OTHER│103.838│1.02%
CAOVY.NASD OTHER│12.508│1.38%
TCEHY.NASD OTHER│400.249│1.44%
CICHY.NASD OTHER│6.188│1.49%
LNVGY.NASD OTHER│9.206│2.32%
CKISY.NASD OTHER│50.171│7.53%
BYDDY.NASD OTHER│263.557│2.37%
AAGIY.NASD OTHER│54.051│2.03%
IDCBY.NASD OTHER│4.766│1.97%
SCHYY.NASD OTHER│20.952│2.38%
ANPDY.NASD OTHER│77.188│2.28%
PNGAY.NASD OTHER│44.36│3.58%
BHKLY.NASD OTHER│24.922│1.12%
CIHKY.NASD OTHER│37.43│2.06%
BACHY.NASD OTHER│3.76│1.60%

On a pro-rata basis, it is equivalent for HSI to open down 391 pts to 19,473 this morning.
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