HSI Climbs 105 Pts; CN Developers Hyped Up Higher

Hong Kong stocks opened higher in the morning. $Hang Seng Index(800000.HK)$ opened 105 pts or 0.6% higher at 18,131. $Hang Seng China Enterprises Index(800100.HK)$ opened 38 pts or 0.6% higher at 6,298. $Hang Seng TECH Index(800700.HK)$ opened 18 pts or 0.5% higher at 4,082.

Chinese property developers remained under speculation. $POWERLONG(01238.HK)$ and $SUNAC(01918.HK)$ shot up 9.5% and 8.5%. $COUNTRY GARDEN(02007.HK)$ and $KWG GROUP(01813.HK)$ mounted 7.5% and 7.4%. $SHIMAO GROUP(00813.HK)$ and $EVERGRANDE(03333.HK)$ surged 6.2%.