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HK Developers, Landlords Prosper; CKA, WHARF REIC Up 4%+
Interest rate futures foretold the odds of the Federal Reserve reducing interest rates by half a percentage point this week was 62%. Hong Kong-listed property developers and landlo...
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HK Developers, Landlords Prosper; CKA, WHARF REIC Up 4%+
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Interest rate futures foretold the odds of the Federal Reserve reducing interest rates by half a percentage point this week was 62%. Hong Kong-listed property developers and landlords generally advanced, with CK ASSET (01113.HK)  +0.200 (+0.616%)    Short selling $7.88M; Ratio 3.374%   peaking at $32.35. It last reported at $32.1, up 4.22%. 3.7493 million shares were traded, involving $119 million.

SHK PPT (00016.HK)  +0.750 (+0.931%)    Short selling $131.85M; Ratio 14.559%   peaked at $81.15. It last tracked at $80.9, up 2.41%. 2.4563 million shares were traded, involving $197 million.

Related NewsUBS: HK Quality High Yielders to Benefit Most from Rate Cuts; BOC AVIATION Added to Most-Preferred List
HENDERSON LAND (00012.HK)  +0.650 (+2.621%)    Short selling $48.11M; Ratio 23.906%   last posted at $24.35, up 2.31%, with 1.3696 million shares traded, involving $33.2304 million.

NEW WORLD DEV (00017.HK)  +0.490 (+6.787%)    Short selling $85.38M; Ratio 28.575%   last stood at $6.88, up 1.93%, with 5.9314 million shares traded, involving $40.8419 million.

WHARF REIC (01997.HK)  +0.450 (+1.952%)    Short selling $50.50M; Ratio 30.532%   peaked at $23.05. It last traded at $23, up 4.78%, with 1.2747 million shares traded, involving $28.9838 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-20 16:25.)

Related NewsM Stanley Lists Most-Preferred Developers in Asia, Incl. 3 H Shrs (Table)

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