Daily Market Summary

Hong Kong Stock Market Summary .

    HSI closed at 24,514pts in the last trading day, went up by 108pts. It opened high 60pts and once increased 176 pts .The main board turnover further reduced to HKD$ 68.6 bn. International auction prices of whole milk powder shed to a 7-year low but the dairy related stocks rebounded, MENGNIU DAIRY (2319) was up 5% to HK$33.75, became the winner in the blue chips, YASHILI INT’L (1230) and BIOSTIME (1112) strengthened 4.8% and 3.7% respectively. Railway infrastructure stocks performed well, CHINA RAIL CONS (1186) increased to HK$10.6 by 4.7%. Development and Reform Commission intends to promote new high-end industry such as new energy vehicles, BYD company (1211) was up by 7.4% to HKD $36.8. Other auto stocks were also popular, BRILLIANCE CHI (1114) and DONGFENG GROUP (489) ascended 2.7 % and 2.2% respectively.