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Updated2024/11/14 11:31
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<H Shrs>HSI Ends Midday Up 689 Pts w/ Turnover $256.5B; CN Developers, Brokers, Consumers & Techs Boom
Stimulated by China's financial and property stimulus policies, Hong Kong stocks continued their upward trend. Opening 543 points higher, the HSI once reached 20,789 with its g...
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<H Shrs>HSI Ends Midday Up 689 Pts w/ Turnover $256.5B; CN Developers, Brokers, Consumers & Techs Boom
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Stimulated by China's financial and property stimulus policies, Hong Kong stocks continued their upward trend. Opening 543 points higher, the HSI once reached 20,789 with its gains narrowing to 157 points in the early session. It concluded the midday up 689 points, or 3.3%, at 21,321. The HSCEI rose 260 points, or 3.6%, to 7,560. The HSTECH hiked 317 points, or 7.1%, to 4,770. The total market turnover at midday was $256.546 billion.

Brokers outperformed the market. CGS (06881.HK)  +0.130 (+1.702%)    Short selling $44.27M; Ratio 12.987%   , CITIC SEC (06030.HK)  -0.100 (-0.421%)    Short selling $65.93M; Ratio 26.686%   , GF SEC (01776.HK)  -0.140 (-1.173%)    Short selling $3.25M; Ratio 8.079%   , CSC (06066.HK)  0.000 (0.000%)    Short selling $6.21M; Ratio 6.522%   , HTSC (06886.HK)  -0.060 (-0.417%)    Short selling $8.04M; Ratio 13.580%   , and CICC (03908.HK)  -0.020 (-0.132%)    Short selling $60.74M; Ratio 17.896%   surged 13-20%. Among insurers, ZA ONLINE (06060.HK)  -0.180 (-1.299%)    Short selling $1.82M; Ratio 6.239%   and NCI (01336.HK)  -0.160 (-0.632%)    Short selling $42.98M; Ratio 23.572%   swelled 16% and 14%, while PING AN (02318.HK)  +0.350 (+0.753%)    Short selling $244.57M; Ratio 32.042%   , CHINA LIFE (02628.HK)  +0.020 (+0.126%)    Short selling $90.88M; Ratio 28.406%   , and CPIC (02601.HK)  -0.650 (-2.559%)    Short selling $7.52M; Ratio 4.874%   added 6.9-8%. Chinese banks CCB (00939.HK)  -0.030 (-0.506%)    Short selling $364.01M; Ratio 45.144%   , ICBC (01398.HK)  0.000 (0.000%)    Short selling $224.95M; Ratio 36.761%   , BANK OF CHINA (03988.HK)  -0.020 (-0.549%)    Short selling $222.75M; Ratio 48.160%   , and ABC (01288.HK)  0.000 (0.000%)    Short selling $89.57M; Ratio 39.504%   slipped 2-3.2%.

Shanghai has issued a maximum personal subsidy of RMB20,000 to support the car trade-in program. XPENG-W (09868.HK)  -2.600 (-4.788%)    Short selling $316.53M; Ratio 42.871%   , LEAPMOTOR (09863.HK)  +0.300 (+0.932%)    Short selling $9.18M; Ratio 9.729%   , and LI AUTO-W (02015.HK)  -1.300 (-1.469%)    Short selling $107.47M; Ratio 23.525%   rocketed 10%-12%. BYD COMPANY (01211.HK)  -6.000 (-2.182%)    Short selling $155.82M; Ratio 22.940%   ascended 3.1%. NIO-SW (09866.HK)  -0.750 (-2.060%)    Short selling $25.70M; Ratio 40.803%   's subsidiary NIO China received a strategic investment of RMB3.3 billion for new shares, pushing its stock price up 20%.

Consumer stocks continued to rally. JIUMAOJIU (09922.HK)  -0.180 (-4.972%)    Short selling $6.25M; Ratio 17.254%   , CTG DUTY-FREE (01880.HK)  -0.850 (-1.563%)    Short selling $1.87M; Ratio 4.558%   , and XIABUXIABU (00520.HK)  -0.010 (-0.980%)   surged 26-32%. MNSO (09896.HK)  +0.250 (+0.726%)    Short selling $12.85M; Ratio 13.293%   gained 20%. ALI PICTURES (01060.HK)  -0.005 (-1.042%)    Short selling $1.27M; Ratio 8.285%   , CHINA SOUTH AIR (01055.HK)  +0.030 (+0.912%)    Short selling $2.57M; Ratio 8.929%   , ZHONGSHENG HLDG (00881.HK)  -1.100 (-5.972%)    Short selling $31.96M; Ratio 16.192%   , CHINA FEIHE (06186.HK)  +0.080 (+1.396%)    Short selling $4.58M; Ratio 12.501%   , HAIDILAO (06862.HK)  -0.140 (-0.891%)    Short selling $55.00M; Ratio 37.056%   , and MENGNIU DAIRY (02319.HK)  -0.520 (-3.006%)    Short selling $36.03M; Ratio 17.256%   grew 9-13%.

Tech stocks thrived. BABA-W (09988.HK)  -1.400 (-1.546%)    Short selling $458.60M; Ratio 18.669%   added 10%. JD-SW (09618.HK)  -6.200 (-4.372%)    Short selling $155.14M; Ratio 15.907%   and KUAISHOU-W (01024.HK)  -0.350 (-0.673%)    Short selling $68.12M; Ratio 7.485%   hiked 8.8%. MEITUAN-W (03690.HK)  -4.400 (-2.509%)    Short selling $638.24M; Ratio 25.041%   and BIDU-SW (09888.HK)  -1.400 (-1.682%)    Short selling $41.96M; Ratio 12.897%   advanced 6% and 5.8%. XIAOMI-W (01810.HK)  -0.500 (-1.730%)    Short selling $389.41M; Ratio 33.058%   and NTES-S (09999.HK)  0.000 (0.000%)    Short selling $66.02M; Ratio 13.214%   jumped up by 3.4% and 4.7%. BILIBILI-W (09626.HK)  -4.200 (-2.488%)    Short selling $35.63M; Ratio 13.615%   escalated 13%. In September, China greenlighted 109 China-made online games, including TENCENT (00700.HK)  +6.400 (+1.585%)    Short selling $1.47B; Ratio 17.670%   's game "Hunt (literal translation of "狩")". TENCENT's stock price swelled 2.3%.

Other tech stocks showed strong gains. ALI HEALTH (00241.HK)  0.000 (0.000%)    Short selling $32.22M; Ratio 22.963%   skyrocketed 26%. JD HEALTH (06618.HK)  -0.500 (-1.821%)    Short selling $12.86M; Ratio 11.901%   , PA GOODDOCTOR (01833.HK)  +0.620 (+4.184%)    Short selling $19.56M; Ratio 10.762%   , MEITU (01357.HK)  +0.160 (+5.461%)    Short selling $32.99M; Ratio 9.784%   , SENSETIME-W (00020.HK)  +0.030 (+1.863%)    Short selling $25.96M; Ratio 4.761%   , WEIMOB INC (02013.HK)  +0.290 (+17.683%)    Short selling $23.63M; Ratio 5.105%   , EAST BUY (01797.HK)  -0.440 (-2.813%)    Short selling $5.89M; Ratio 7.679%   , GDS-SW (09698.HK)  -0.500 (-2.227%)    Short selling $1.06M; Ratio 9.907%   , CHINASOFT INT'L (00354.HK)  -0.140 (-2.310%)    Short selling $8.32M; Ratio 9.410%   , CLOUD MUSIC (09899.HK)  +0.500 (+0.437%)    Short selling $2.86M; Ratio 10.278%   , SMIC (00981.HK)  +0.200 (+0.737%)    Short selling $247.20M; Ratio 14.058%   , and HUA HONG SEMI (01347.HK)  -0.950 (-4.121%)    Short selling $31.74M; Ratio 6.603%   gained 9-15%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 12:25.)

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