HSI ends down 191 pts at 28,295 midday; turnover at HK$54bn

   HK stocks closed lower on Monday morning session despite the record high of the Dow on Friday. The Hang Seng Index opened up 70 points to 28,557, which marked the intra-day high. It then moved lower, and fell 233 points to an intra-day low of 28,253, thanks to the decline of AIA (01299).
  The Hang Seng Index ended down 191 points or 0.7% to 28,295. The H-share index fell 71 points or 0.6% to 11,486. Half-day turnover increased slightly to HK$54.23 billion from HK$50.8 billion on Friday.
  China Life (02628) rose 3.5% to HK$25.45 after the insurer said its 9-month net profit may have increased by 95%. Ping An (02318) also edged up 0.2% to HK$67.25.
  AIA (01299) slid 2.2% to HK$58.85 becoming the worst blue-chip performer as the company reported its value of new business grew 20%, falling short of market expectations.
  China Mobile (00941) softened 0.5% to HK$78.9. CICC downgraded its target price after the telecom giant reported 9-month profit increased 4.6% to RMB92.1 billion. Huawei reported that its 9-month handset shipment volume increased 19%, pushing up Q Technology (01478) by 9.5% to HK$17.02.
  Tencent (00700) is scheduled to hold IPO luncheon for its spin-off Tencent Literature in afternoon. The internet giant edged down 0.2% to HK$349.