Hong Kong ADRs Mostly Track Local Close, With Bank Of China Hong Kong Down 5.98%

Selected Hong Kong-listed ADRs were mostly close to their local closing prices, with Bank of China Hong Kong (02388) the biggest laggard at HK$48.56 versus a Hong Kong close of HK$51.65, a difference of HK$3.09 or 5.98%, according to ETNet. Among the larger moves, China Overseas Land & Investment (00688) was quoted at HK$13.96 against a Hong Kong close of HK$13.01, up HK$0.95 or 7.30%, while Sino Land (00083) was at HK$11.17 versus HK$10.47, up HK$0.70 or 6.69%. China Resources Land (01109) was not quoted in the ADR table, and several other names including HSBC (00005), HKEX (00388), AIA (01299), Tencent? no, not listed, and Ping An (02318) showed only small differences.