＜H Shrs＞HSI Slips 254 Pts Midday; Techs, Consumers, Developers Ebb; Golds Up

　　At midday close, the HSI slipped 254 pts or 1.4% to 18,038; the HSCEI fell 102 pts or 1.6% to 6,430; and the HSTECH lost 92 pts or 2.4% to 3,689. Market turnover totaled $50.791 billion in the first half of the day.

　　Techs receded broadly. BABA-SW (09988.HK) -1.550 (-1.977%) Short selling $282.26M; Ratio 18.330% sagged 2% to $76.85. TENCENT (00700.HK) -5.600 (-1.411%) Short selling $502.39M; Ratio 18.865% faded 1.4% to $391.4. MEITUAN-W (03690.HK) -2.200 (-1.806%) Short selling $274.44M; Ratio 22.725% and XIAOMI-W (01810.HK) -0.300 (-1.781%) Short selling $150.55M; Ratio 24.069% dived 1.8%. KUAISHOU-W (01024.HK) -1.250 (-2.543%) Short selling $58.94M; Ratio 15.386% and JD-SW (09618.HK) -4.400 (-3.929%) Short selling $37.80M; Ratio 9.977% plunged 2.5% and 3.9%. BIDU-SW (09888.HK) -5.100 (-5.126%) Short selling $256.99M; Ratio 31.766% and BILIBILI-W (09626.HK) -11.100 (-8.132%) Short selling $84.40M; Ratio 23.134% tumbled 5.1% and 8.1%.

　　Related NewsHSBC Global Research Cuts BABA-SW (09988.HK) TP to $109, Rating Buy

　　Chinese consumers declined after last month's retail sales data fell short of expectations. XTEP INT'L (01368.HK) -0.270 (-5.182%) Short selling $2.54M; Ratio 7.673% slid 5.2%. LI NING (02331.HK) -0.700 (-4.316%) Short selling $44.66M; Ratio 20.320% and YIHAI INTL (01579.HK) -0.520 (-4.241%) Short selling $4.24M; Ratio 20.815% sagged more than 4%. MNSO (09896.HK) -1.250 (-3.289%) Short selling $8.92M; Ratio 11.376% , HISENSE HA (00921.HK) -0.900 (-3.644%) Short selling $3.94M; Ratio 11.094% , JIUMAOJIU (09922.HK) -0.150 (-3.937%) Short selling $5.27M; Ratio 29.449% , CHINA FEIHE (06186.HK) -0.120 (-3.279%) Short selling $1.16M; Ratio 6.623% and NONGFU SPRING (09633.HK) -1.350 (-3.846%) Short selling $129.18M; Ratio 61.327% lost more than 3%. WH GROUP (00288.HK) +0.040 (+0.763%) Short selling $26.36M; Ratio 18.138% , which spun off Smithfield for listing in the US, opened 3.4% higher before narrowing gains. At midday, it went up 0.8%.

　　Real estate and utility stocks receded. NEW WORLD DEV (00017.HK) -0.270 (-3.388%) Short selling $21.74M; Ratio 61.099% , CK ASSET (01113.HK) -1.100 (-3.470%) Short selling $28.34M; Ratio 22.747% and MTR CORPORATION (00066.HK) -0.800 (-3.089%) Short selling $18.58M; Ratio 29.537% ebbed back more than 3%. Chinese property developers CHINA OVERSEAS (00688.HK) -0.460 (-3.309%) Short selling $33.92M; Ratio 31.030% , LONGFOR GROUP (00960.HK) -0.420 (-3.646%) Short selling $7.70M; Ratio 21.207% , R&F PROPERTIES (02777.HK) -0.030 (-3.409%) Short selling $46.26K; Ratio 3.480% and AGILE GROUP (03383.HK) -0.020 (-3.636%) Short selling $18.72K; Ratio 0.979% plummeted more than 3%. KWG GROUP (01813.HK) -0.015 (-4.412%) stumbled 4.4%. Gold prices ascended last Friday (12th), with SD GOLD (01787.HK) +0.460 (+2.781%) Short selling $10.18M; Ratio 11.669% and ZHAOJIN MINING (01818.HK) +0.420 (+2.807%) Short selling $9.40M; Ratio 11.973% up 2.8% and CHINAGOLDINTL (02099.HK) +2.100 (+4.082%) Short selling $4.49M; Ratio 7.344% up 4.1%.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-15 12:25.)

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