SEPTEMBER 23, 2011 -- HONG KONG STOCKS SEARCH FOR BOTTOM

DAILY FIX
 
Hong Kong Blue Chips: -243, -1.8%, to 17,669, 09-23-11, Hang Seng Index

Chinese Stocks in Hong Kong: -170, -1.8% to 9,033, 09-23-11, HSCE Index

Shanghai Stocks: -0.4%, 2,433, 09-23-11, Shanghai Composite Index.

Chinese Stocks in the U.S.: -20.0 to 349.7. 09-22-2011, Bank of New York Mellon, ADR Index-China

Insight: Falling global markets and a stronger U.S. dollar pushed Hong Kong stocks lower in heavy turnover, although blue chips ended the day of volatile trading slightly off day-lows. KGI Research

Quotable: Prada (1913). "We expect Hang Seng Index to remain volatile in near-term, as latest moves of the Federal Reserve failed to restore investors’ confidence on economic outlook." Guoco Capital. 9-22-2011

Chinese Company to Watch: Prada is likely to benefit from diverse growth drivers, which include the expansion of retail network in emerging markets (especially China) and the strong market demand for its Miu Miu's products." CFSG. 9-22-2011

Brokerages and analysts cited have disclaimers on their websites emphasizing their statements are for information only. They do not endorse my blog, and I don't endorse them.
For a list of Chinese companies sold in the U.S. and information on each company go to http://www.adrbnymellon.com/dr_country_profile.jsp?country=CN