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<H Shrs>HSI Declines 108 pts at Midday; ASMPT Crashes ~20%, while Autos & Consumers Wane

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2024-07-24 12:26

HSI declined 108 points or 0.6% to 17,361 at half-day. HSCEI decreased 31 points or 0.5% to 6,163. HSTECH waned 30 points or 0.9% to 3,514. Half-day t...

  HSI declined 108 points or 0.6% to 17,361 at half-day. HSCEI decreased 31 points or 0.5% to 6,163. HSTECH waned 30 points or 0.9% to 3,514. Half-day turnover totalled $42.877 billion.

  Tesla and General Motors shares retreated after results, and Hong Kong-listed auto stocks followed. BYD COMPANY (01211.HK) -5.400 (-2.265%) Short selling $184.75M; Ratio 24.404% descended 2.3% to $233. LI AUTO-W (02015.HK) -2.850 (-3.670%) Short selling $75.47M; Ratio 23.044% , LEAPMOTOR (09863.HK) -0.800 (-3.292%) Short selling $4.35M; Ratio 10.145% and NIO-SW (09866.HK) -1.400 (-3.878%) Short selling $4.47M; Ratio 25.256% reduced 3.3% to 3.9%, while XPENG-W (09868.HK) -1.650 (-4.860%) Short selling $41.96M; Ratio 24.997% and GWMOTOR (02333.HK) -0.720 (-6.081%) Short selling $27.05M; Ratio 11.007% slumped 4.9% and 6.1%.

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  Some consumer stocks weakened. NONGFU SPRING (09633.HK) -2.300 (-6.949%) Short selling $187.94M; Ratio 42.716% crumpled 6.9%, as CHINA RES BEER (00291.HK) -1.700 (-6.296%) Short selling $241.31M; Ratio 38.258% , PRADA (01913.HK) -3.100 (-5.636%) Short selling $2.17M; Ratio 4.620% and BLUE MOON GROUP (06993.HK) -0.130 (-5.778%) Short selling $38.25K; Ratio 2.334% plummeted 5.6% to 6.3%. U-PRESID CHINA (00220.HK) -0.230 (-3.464%) Short selling $3.15M; Ratio 36.699% , TINGYI (00322.HK) -0.300 (-3.141%) Short selling $13.84M; Ratio 37.879% , TSINGTAO BREW (00168.HK) -1.700 (-3.400%) Short selling $14.15M; Ratio 14.181% and BUD APAC (01876.HK) -0.380 (-3.804%) Short selling $37.28M; Ratio 48.451% decreased more than 3%. Jewellery retailer CHOW TAI FOOK (01929.HK) -0.470 (-5.942%) Short selling $31.64M; Ratio 33.045% descended 5.9% after its 1FQ retail sales value shrank 20% YoY.

  Chip equipment company ASMPT (00522.HK) -22.300 (-19.476%) Short selling $142.66M; Ratio 23.421% shares cratered 19.5% at midday after its 3Q sales guidance fell short of Morgan Stanley's worst-case scenario forecast. NTES-S (09999.HK) +6.900 (+4.849%) Short selling $103.75M; Ratio 23.635% 's new game “Naraka Bladepoint Mobile” saw over 40 million players pre-registering for public beta, and its shares hiked 4.8%.

  For other tech stocks, BABA-SW (09988.HK) +0.350 (+0.472%) Short selling $162.96M; Ratio 23.013% advanced 0.5% to $74.45, TENCENT (00700.HK) -1.200 (-0.328%) Short selling $215.61M; Ratio 12.846% dipped 0.3% to $365, MEITUAN-W (03690.HK) -3.100 (-2.625%) Short selling $480.50M; Ratio 24.772% and XIAOMI-W (01810.HK) -0.340 (-2.005%) Short selling $119.39M; Ratio 18.936% decreased 2.6% and 2%, and JD-SW (09618.HK) -1.600 (-1.559%) Short selling $38.82M; Ratio 14.546% reduced 1.6%. BIDU-SW (09888.HK) -0.350 (-0.397%) Short selling $40.21M; Ratio 20.352% , KUAISHOU-W (01024.HK) -0.350 (-0.786%) Short selling $87.29M; Ratio 29.501% and BILIBILI-W (09626.HK) -0.900 (-0.767%) Short selling $31.90M; Ratio 24.219% all declined less than 1%.

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  In other shares, HSBC HOLDINGS (00005.HK) +0.100 (+0.150%) Short selling $75.27M; Ratio 41.006% incremented 0.2% to $66.9, as HKEX (00388.HK) -3.200 (-1.357%) Short selling $62.67M; Ratio 13.962% slid 1.4% and AIA (01299.HK) -1.950 (-3.631%) Short selling $152.90M; Ratio 13.990% dived 3.6%.

  (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-24 12:25.)

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