The HSI opened 90 pts or 0.5% higher at 17,613; the HSCEI opened 36 pts or 0.6% higher at 6,311; and the HSTECH opened 38 pts or 1.1% higher at 3,639.
In terms of techs, BIDU-SW (09888.HK) +8.750 (+10.139%) Short selling $91.47M; Ratio 21.490% surged 7.8% at $93, as Beijing planned to support self-driving cars to run online ride-hailing services. BABA-SW (09988.HK) +1.800 (+2.483%) Short selling $468.22M; Ratio 19.103% and JD-SW (09618.HK) +3.300 (+3.229%) Short selling $125.67M; Ratio 13.534% hiked 1.7% and 1.8%. TENCENT (00700.HK) +3.200 (+0.840%) Short selling $1.49B; Ratio 30.239% , MEITUAN-W (03690.HK) +3.300 (+2.877%) Short selling $870.41M; Ratio 23.086% and KUAISHOU-W (01024.HK) +0.150 (+0.315%) Short selling $391.57M; Ratio 25.897% lifted 1.1%-1.3%. BILIBILI-W (09626.HK) +5.000 (+3.855%) Short selling $84.58M; Ratio 20.212% soared 2.3%.
SUNNY OPTICAL (02382.HK) +0.150 (+0.323%) Short selling $129.80M; Ratio 14.544% reported a 19.6% YoY rise in handset lens shipments in June, and its stock price opened 0.4% higher at $46.7. BYD COMPANY (01211.HK) +5.400 (+2.296%) Short selling $358.32M; Ratio 36.462% , an electric vehicle stock, leaped 1.9% at $239.6.
As to other stocks, NONGFU SPRING (09633.HK) +2.500 (+7.407%) Short selling $218.58M; Ratio 40.794% will see its stake increased by Yangshengtang by no more than 2 billion H shares, and the stock price opened 3.7% higher at $35. Chinese property developer CHINA VANKE (02202.HK) -0.020 (-0.445%) Short selling $22.41M; Ratio 21.654% forecasted a loss of at least RMB7 billion in 1H24, and the stock price opened 4.5% lower.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-09 16:25.)
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