Hong Kong-listed ADRs were mostly in line with their local closing prices, with New World Development (00017) showing the steepest gap at HK$5.80 versus a Hong Kong close of HK$6.59, a difference of HK$0.79 or 11.99%, according to ETNet. Other notable moves included China Southern Airlines (01055), up 8.24% on the ADR comparison, Cathay Pacific (00293), down 0.49%, and China Life Insurance (02628), which had no ADR quote listed against a Hong Kong close of HK$30.30. The comparison was calculated using an exchange rate of US$1 to HK$7.8384.
