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<H Shrs>HSI Rallies 39 pts at Close as NONGFU SPRING Swells 6%+; XPENG Craters 5%+

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2024-07-18 16:32

Hong Kong stocks rose repeatedly. The HSI added 39 points or 0.2% to close at 17,778. The HSCEI picked up 9 points or 0.1% to close at 6,306. The HSTE...

  Hong Kong stocks rose repeatedly. The HSI added 39 points or 0.2% to close at 17,778. The HSCEI picked up 9 points or 0.1% to close at 6,306. The HSTECH ebbed 27 points or 0.8% to close at 3,613. The total market turnover for the day amounted to $87.536 billion, being an over-3-month low.

  For handset part stocks, AAC TECH (02018.HK) +0.650 (+2.097%) Short selling $27.26M; Ratio 29.253% climbed 2.1%, while BYD ELECTRONIC (00285.HK) -0.600 (-1.712%) Short selling $53.49M; Ratio 13.847% and SUNNY OPTICAL (02382.HK) -0.900 (-1.780%) Short selling $56.14M; Ratio 8.058% slipped 1.7% and 1.8%. Carmakers LEAPMOTOR (09863.HK) -0.700 (-2.718%) Short selling $10.48M; Ratio 22.152% and NIO-SW (09866.HK) -1.350 (-3.567%) Short selling $21.46M; Ratio 29.133% shed 2.7% and 3.6%, while XPENG-W (09868.HK) -1.800 (-5.202%) Short selling $84.52M; Ratio 26.720% cratered 5.2%. BYD COMPANY (01211.HK) +1.800 (+0.751%) Short selling $275.55M; Ratio 34.302% gained 0.8% to $241.6.

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  For Hong Kong and Chinese consumers, NONGFU SPRING (09633.HK) +2.150 (+6.476%) Short selling $209.81M; Ratio 22.838% escalated 6.5% after the Consumer Council of Hong Kong (CC) reclassified NONGFU SPRING as “natural water for drinking”, apologizing for the misunderstanding. BUD APAC (01876.HK) +0.260 (+2.610%) Short selling $34.25M; Ratio 27.113% , HAIER SMARTHOME (06690.HK) +0.650 (+2.748%) Short selling $89.82M; Ratio 28.599% and SUNART RETAIL (06808.HK) +0.040 (+2.963%) Short selling $144.16K; Ratio 4.525% mounted 2.6-3%, while LI NING (02331.HK) -0.420 (-2.655%) Short selling $53.61M; Ratio 16.399% , CTG DUTY-FREE (01880.HK) -1.150 (-2.018%) Short selling $5.90M; Ratio 3.048% and TRIP.COM-S (09961.HK) -11.600 (-3.128%) Short selling $91.83M; Ratio 15.277% cascaded 2-3.1%.

  (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-18 16:25.)

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