“The market is trying to move above that level; however
“19,400 is a short term barrier,” said Jackson Wong, investment manager at Tanrich Securities. “The market is trying to move above that level; however, we don’t have enough good news to carry us there.” Wong said he expected shares to trade around similar levels in the afternoon. China Agri Industries, the most active issue by midday, traded between HK$5.5 and HK$5.95 in its debut, up 48 to 60 percent from its issue price of HK$3.72 per share.
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