Market Highlights
HSI Futures (July) closed at 25,421 in night session, up 137 pts, with premium of 185 pts. The Hong Kong market is likely to stabilise from yesterday’s sharp fall.
Evergrande (3333.HK) announcedJune contracted sales at RMB24.75bn, up 88.8% YoY. Total sales in 1H2015 amount to RMB87.11bn, achieving 58.1% of annual target. This may add fuel to the stock price.