HSI ends down 47 pts at 28,477 midday; turnover at HK$40.5bn

   HK stocks closed easier on Monday morning session in volatile trade following the rally of the US equity markets on Friday. The benchmark index opened up 55 points to 28,580. It briefly rose 173 points to an intra-day high of 28,699, and then fell 198 points to an intra-day low of 28,327.
  The Hang Seng Index ended down 47 points or 0.2% to 28,477. The H-share index fell 79 points or 0.7% to 10,667. Half-day turnover decreased to HK$40.5 billion from HK$44.9 billion on Friday.
  Xiaomi (01810) fell nearly 10% after market open as the stock will not be included into the Stock Connect program. Investors hope the shift of the decision as HKEX's CEO Charles Li will go to Beijing tomorrow. Xiaomi recovered part of its lost ground, falling 2.3% to HK$20.95 after seeing a low of HK$19.4 earlier.
  ZTE (00763) soared 17% to HK$16.12 as the US government has already lifted its export ban on the Chinese equipment firm. But ZTE also issued a profit warning, expecting a huge loss of RMB7-9 billion for the six months ended June.
  HSBC (02382) edged down 0.1% to HK$73.25. HKEX (00388) was unchanged at HK$234.2. Tencent (00700) added 0.3% to HK$382.4. CCB (00939) dipped 1% to HK$6.88. China Mobile (00941) inched up 0.1% to HK$69.05. AIA (01299) nudged up 0.4% to HK$68.35.