＜H Shrs＞HSI Fades 3 pts as NTES, MENGNIU DAIRY Leap 4%; Lithium Stocks Rebound

　　The HSI faded 3 points to 18,069 at midday. The HSCEI added less than 1 point to 6,465. The HSTECH rallied 10 points or 0.3% to 3,665. Total half-day turnover for the market amounted to $48.01 billion.

　　MEITUAN-W (03690.HK) -0.700 (-0.599%) Short selling $173.48M; Ratio 17.592% slid 0.6% to $116.1 as it refused to comment on news of its proposed bond offerings of over US$1 billion. A total of 104 domestic games were approved in June, including TENCENT (00700.HK) -2.200 (-0.576%) Short selling $291.36M; Ratio 14.163% 's “Roco Kingdom: World”. TENCENT dropped 0.6% to $379.8, while NTES-S (09999.HK) +6.300 (+4.443%) Short selling $46.23M; Ratio 12.071% advanced 4.4% to $148.1. Nvidia rebounded. Chip stocks SMIC (00981.HK) +0.200 (+1.163%) Short selling $45.53M; Ratio 13.666% and HUA HONG SEMI (01347.HK) +0.300 (+1.373%) Short selling $7.74M; Ratio 4.135% hiked over 1%, while chip equipment stock ASMPT (00522.HK) +5.050 (+5.166%) Short selling $8.06M; Ratio 6.705% elevated 5.2%.

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　　The lithium future prices increased in China. GANFENGLITHIUM (01772.HK) +1.180 (+7.083%) Short selling $36.59M; Ratio 23.886% and TIANQI LITHIUM (09696.HK) +2.600 (+11.064%) Short selling $6.15M; Ratio 8.951% swelled 7.1% and 11.1%. Gold prices fell. ZHAOJIN MINING (01818.HK) -0.480 (-3.582%) Short selling $14.40M; Ratio 14.942% , CHINAGOLDINTL (02099.HK) -1.950 (-3.746%) Short selling $1.26M; Ratio 4.176% and ZIJIN MINING (02899.HK) -0.440 (-2.647%) Short selling $38.68M; Ratio 9.066% shed 2.6% to 3.6%, while coal stocks YANKUANG ENERGY (01171.HK) -0.536 (-4.583%) Short selling $99.59M; Ratio 28.800% and CHINA COAL (01898.HK) -0.350 (-3.708%) Short selling $31.74M; Ratio 30.120% cascaded 4.6% and 3.7%. The Baltic Dry Index slipped over 2%, with OOIL (00316.HK) -3.200 (-2.486%) Short selling $6.04M; Ratio 9.393% , SITC (01308.HK) -0.700 (-3.211%) Short selling $2.35M; Ratio 7.084% , COSCO SHIP HOLD (01919.HK) -0.380 (-2.718%) Short selling $7.29M; Ratio 3.992% and PACIFIC BASIN (02343.HK) -0.080 (-3.175%) Short selling $3.65M; Ratio 7.828% losing 2.5-3.2%.

　　For consumers, WANT WANT CHINA (00151.HK) +0.390 (+8.844%) Short selling $4.61M; Ratio 7.567% shot up 8.8% after the Company announced an 18% increase in full-year profit and a rise in final dividend yesterday afternoon, while MENGNIU DAIRY (02319.HK) +0.600 (+4.304%) Short selling $57.49M; Ratio 18.140% and BUD APAC (01876.HK) +0.390 (+4.262%) Short selling $18.30M; Ratio 19.856% mounted 4.3%. Citi Research said that it recently met with 30 institutional investors in the UK and Europe, and the UK and European institutional investors showed interest in re-examining their China positions, with particular emphasis on high dividend consumers and food stocks, such as MENGNIU DAIRY.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-26 12:25.)

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