＜H Shrs＞HSI Loses 158 pts at Close; NONGFU SPRING Crashes 7%+, as ASMPT Craters 23%

　　HSI waned 158 points or 0.9% to close at 17,311. HSCEI descended 52 points or 0.9% to close at 6,142 points. HSTECH reduced 53 points or 1.5% to close at 3,491. Total market turnover for the day was $86.899 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 $409.99M; Ratio 28.934% dropped 2.3% to $233. LI AUTO-W (02015.HK) -3.150 (-4.057%) Short selling $185.85M; Ratio 24.350% , LEAPMOTOR (09863.HK) -0.800 (-3.292%) Short selling $12.73M; Ratio 20.164% , NIO-SW (09866.HK) -1.600 (-4.432%) Short selling $20.94M; Ratio 37.477% and DONGFENG GROUP (00489.HK) -0.070 (-3.030%) Short selling $10.65M; Ratio 22.561% fell 3% to 4.4%, while XPENG-W (09868.HK) -1.700 (-5.007%) Short selling $92.05M; Ratio 30.418% and GWMOTOR (02333.HK) -0.620 (-5.236%) Short selling $58.89M; Ratio 13.481% plummeted more than 5%.

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　　A number of consumer stocks weakened, with NONGFU SPRING (09633.HK) -2.350 (-7.100%) Short selling $312.71M; Ratio 40.952% crashing 7.1%, becoming the biggest blue-chip loser. CHINA RES BEER (00291.HK) -1.700 (-6.296%) Short selling $421.31M; Ratio 36.660% , BUD APAC (01876.HK) -0.510 (-5.105%) Short selling $145.92M; Ratio 63.300% and BLUE MOON GROUP (06993.HK) -0.140 (-6.222%) Short selling $300.27K; Ratio 11.358% faltered 5.1% to 6.3%, while U-PRESID CHINA (00220.HK) -0.280 (-4.217%) Short selling $8.53M; Ratio 29.627% , TINGYI (00322.HK) -0.320 (-3.351%) Short selling $28.38M; Ratio 27.892% , TSINGTAO BREW (00168.HK) -2.300 (-4.600%) Short selling $53.28M; Ratio 21.024% and MENGNIU DAIRY (02319.HK) -0.500 (-3.482%) Short selling $127.64M; Ratio 44.937% dived 3.4% to 4.6%.

　　Jewellery retailer CHOW TAI FOOK (01929.HK) -0.520 (-6.574%) Short selling $55.34M; Ratio 34.537% plunged 6.6% after retail value descended 20% YoY in 1FQ. PRADA (01913.HK) -3.000 (-5.455%) Short selling $14.92M; Ratio 16.031% slumped 5.5% after French luxury brand group LVMH reported poor quarterly results.

　　Chip equipment stock ASMPT (00522.HK) -26.500 (-23.144%) Short selling $218.03M; Ratio 18.607% crashed 23.1% after its 3Q sales guidance fell short of Morgan Stanley's worst-case scenario forecast. Chip stocks SMIC (00981.HK) -0.300 (-1.720%) Short selling $67.40M; Ratio 15.433% and HUA HONG SEMI (01347.HK) -0.650 (-2.961%) Short selling $61.04M; Ratio 21.843% decreased 1.7% and 3%.

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　　For other tech stocks, BABA-SW (09988.HK) +0.100 (+0.135%) Short selling $346.50M; Ratio 19.090% incremented 0.1% to $74.2, TENCENT (00700.HK) -3.000 (-0.819%) Short selling $435.14M; Ratio 10.128% dipped 0.8% to $363.2, and MEITUAN-W (03690.HK) -4.800 (-4.064%) Short selling $1.20B; Ratio 24.581% decreased 4.1% to $113.3. XIAOMI-W (01810.HK) -0.420 (-2.476%) Short selling $276.39M; Ratio 18.197% , JD-SW (09618.HK) -2.000 (-1.949%) Short selling $87.18M; Ratio 14.808% , KUAISHOU-W (01024.HK) -0.850 (-1.908%) Short selling $222.24M; Ratio 25.974% , BILIBILI-W (09626.HK) -2.600 (-2.217%) Short selling $76.70M; Ratio 26.619% and LENOVO GROUP (00992.HK) -0.220 (-2.095%) Short selling $70.77M; Ratio 27.109% fell 1.9% to 2.5%. BIDU-SW (09888.HK) -0.500 (-0.567%) Short selling $139.28M; Ratio 27.711% declined less than 1%. NTES-S (09999.HK) +6.500 (+4.568%) Short selling $275.42M; Ratio 22.350% 's new game “Naraka Bladepoint Mobile” saw over 40 million players pre-registering for public beta, and its shares hiked 4.6%, becoming the biggest blue-chip gainer.

　　Chinese property stocks weakened in the afternoon, with SUNAC (01918.HK) -0.030 (-2.830%) Short selling $3.56M; Ratio 5.682% shedding 2.8% amid reports that Sunac Real Estate Group and other companies had been hit with more than RMB2 billion in forced executions. CHINA VANKE (02202.HK) -0.300 (-6.757%) Short selling $96.95M; Ratio 33.244% and SINO-OCEAN GP (03377.HK) -0.020 (-5.556%) cratered 6.8% and 5.6%, while LONGFOR GROUP (00960.HK) -0.440 (-4.207%) Short selling $39.60M; Ratio 19.591% , AGILE GROUP (03383.HK) -0.020 (-4.000%) Short selling $703.22K; Ratio 9.134% and GREENTOWN CHINA (03900.HK) -0.230 (-3.722%) Short selling $2.78M; Ratio 4.596% slid 3.7% to 4.2%.

　　In other stocks, HSBC HOLDINGS (00005.HK) -0.150 (-0.225%) Short selling $200.45M; Ratio 27.044% decremented 0.2% to $66.65, as HKEX (00388.HK) -3.000 (-1.272%) Short selling $254.02M; Ratio 20.884% reduced 1.3% and AIA (01299.HK) -2.100 (-3.911%) Short selling $463.39M; Ratio 16.426% receded 3.9%.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-24 16:25.)