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Updated2024/11/01 15:10
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<H Shrs>HSI Ends Midday Up 689 Pts w/ Turnover $256.5B; CN Developers, Brokers, Consumers & Techs Boom
Stimulated by China's financial and property stimulus policies, Hong Kong stocks continued their upward trend. Opening 543 points higher, the HSI once reached 20,789 with its g...
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<H Shrs>HSI Ends Midday Up 689 Pts w/ Turnover $256.5B; CN Developers, Brokers, Consumers & Techs Boom
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Stimulated by China's financial and property stimulus policies, Hong Kong stocks continued their upward trend. Opening 543 points higher, the HSI once reached 20,789 with its gains narrowing to 157 points in the early session. It concluded the midday up 689 points, or 3.3%, at 21,321. The HSCEI rose 260 points, or 3.6%, to 7,560. The HSTECH hiked 317 points, or 7.1%, to 4,770. The total market turnover at midday was $256.546 billion.

Brokers outperformed the market. CGS (06881.HK)  +0.090 (+1.293%)    Short selling $15.30M; Ratio 3.254%   , CITIC SEC (06030.HK)  -0.300 (-1.392%)    Short selling $125.61M; Ratio 24.869%   , GF SEC (01776.HK)  +0.080 (+0.719%)    Short selling $7.37M; Ratio 12.447%   , CSC (06066.HK)  +0.130 (+1.395%)    Short selling $2.01M; Ratio 1.560%   , HTSC (06886.HK)  +0.140 (+1.059%)    Short selling $10.79M; Ratio 6.591%   , and CICC (03908.HK)  +0.080 (+0.567%)    Short selling $23.72M; Ratio 7.179%   surged 13-20%. Among insurers, ZA ONLINE (06060.HK)  -0.280 (-1.991%)    Short selling $5.64M; Ratio 11.890%   and NCI (01336.HK)  +0.150 (+0.570%)    Short selling $49.85M; Ratio 15.865%   swelled 16% and 14%, while PING AN (02318.HK)  -0.100 (-0.208%)    Short selling $164.80M; Ratio 10.543%   , CHINA LIFE (02628.HK)  -0.080 (-0.485%)    Short selling $96.81M; Ratio 10.763%   , and CPIC (02601.HK)  -0.200 (-0.739%)    Short selling $21.51M; Ratio 6.883%   added 6.9-8%. Chinese banks CCB (00939.HK)  +0.130 (+2.156%)    Short selling $771.10M; Ratio 21.903%   , ICBC (01398.HK)  +0.090 (+1.931%)    Short selling $289.14M; Ratio 18.799%   , BANK OF CHINA (03988.HK)  +0.070 (+1.897%)    Short selling $235.63M; Ratio 26.610%   , and ABC (01288.HK)  +0.150 (+3.927%)    Short selling $199.87M; Ratio 23.542%   slipped 2-3.2%.

Shanghai has issued a maximum personal subsidy of RMB20,000 to support the car trade-in program. XPENG-W (09868.HK)  -0.850 (-1.883%)    Short selling $169.46M; Ratio 27.368%   , LEAPMOTOR (09863.HK)  +0.300 (+0.977%)    Short selling $14.10M; Ratio 21.577%   , and LI AUTO-W (02015.HK)  -10.300 (-9.590%)    Short selling $416.20M; Ratio 12.620%   rocketed 10%-12%. BYD COMPANY (01211.HK)  -3.800 (-1.350%)    Short selling $238.94M; Ratio 14.054%   ascended 3.1%. NIO-SW (09866.HK)  -1.400 (-3.361%)    Short selling $34.65M; Ratio 35.990%   's subsidiary NIO China received a strategic investment of RMB3.3 billion for new shares, pushing its stock price up 20%.

Consumer stocks continued to rally. JIUMAOJIU (09922.HK)  +0.090 (+2.679%)    Short selling $4.03M; Ratio 3.234%   , CTG DUTY-FREE (01880.HK)  +0.450 (+0.848%)    Short selling $3.73M; Ratio 5.581%   , and XIABUXIABU (00520.HK)  +0.070 (+7.000%)    Short selling $934.99K; Ratio 9.699%   surged 26-32%. MNSO (09896.HK)  -0.800 (-2.025%)    Short selling $85.25M; Ratio 28.439%   gained 20%. ALI PICTURES (01060.HK)  -0.005 (-1.031%)    Short selling $2.33M; Ratio 7.667%   , CHINA SOUTH AIR (01055.HK)  0.000 (0.000%)    Short selling $9.99M; Ratio 31.507%   , ZHONGSHENG HLDG (00881.HK)  -0.220 (-1.846%)    Short selling $14.50M; Ratio 28.702%   , CHINA FEIHE (06186.HK)  -0.030 (-0.512%)    Short selling $12.32M; Ratio 12.371%   , HAIDILAO (06862.HK)  +0.260 (+1.658%)    Short selling $44.76M; Ratio 19.421%   , and MENGNIU DAIRY (02319.HK)  +0.280 (+1.609%)    Short selling $131.43M; Ratio 27.677%   grew 9-13%.

Tech stocks thrived. BABA-W (09988.HK)  +0.450 (+0.476%)    Short selling $380.12M; Ratio 10.455%   added 10%. JD-SW (09618.HK)  +2.600 (+1.672%)    Short selling $218.59M; Ratio 17.974%   and KUAISHOU-W (01024.HK)  +0.500 (+1.089%)    Short selling $71.91M; Ratio 8.121%   hiked 8.8%. MEITUAN-W (03690.HK)  +5.100 (+2.795%)    Short selling $567.61M; Ratio 14.064%   and BIDU-SW (09888.HK)  -0.850 (-0.953%)    Short selling $110.26M; Ratio 19.303%   advanced 6% and 5.8%. XIAOMI-W (01810.HK)  +0.600 (+2.247%)    Short selling $1.42B; Ratio 26.440%   and NTES-S (09999.HK)  -0.200 (-0.162%)    Short selling $57.21M; Ratio 7.839%   jumped up by 3.4% and 4.7%. BILIBILI-W (09626.HK)  +0.500 (+0.293%)    Short selling $43.90M; Ratio 8.738%   escalated 13%. In September, China greenlighted 109 China-made online games, including TENCENT (00700.HK)  +14.600 (+3.609%)    Short selling $447.53M; Ratio 5.101%   's game "Hunt (literal translation of "狩")". TENCENT's stock price swelled 2.3%.

Other tech stocks showed strong gains. ALI HEALTH (00241.HK)  -0.040 (-1.018%)    Short selling $29.40M; Ratio 22.073%   skyrocketed 26%. JD HEALTH (06618.HK)  -0.200 (-0.719%)    Short selling $32.15M; Ratio 16.894%   , PA GOODDOCTOR (01833.HK)  +0.020 (+0.173%)    Short selling $3.38M; Ratio 9.276%   , MEITU (01357.HK)  0.000 (0.000%)    Short selling $21.81M; Ratio 24.009%   , SENSETIME-W (00020.HK)  -0.040 (-2.564%)    Short selling $53.21M; Ratio 7.864%   , WEIMOB INC (02013.HK)  -0.030 (-1.852%)    Short selling $453.87K; Ratio 0.981%   , EAST BUY (01797.HK)  -0.140 (-0.946%)    Short selling $7.63M; Ratio 8.872%   , GDS-SW (09698.HK)  -0.200 (-0.948%)    Short selling $3.35M; Ratio 18.110%   , CHINASOFT INT'L (00354.HK)  -0.080 (-1.401%)    Short selling $15.91M; Ratio 9.339%   , CLOUD MUSIC (09899.HK)  -0.100 (-0.080%)    Short selling $873.19K; Ratio 5.136%   , SMIC (00981.HK)  -1.300 (-4.806%)    Short selling $226.90M; Ratio 5.598%   , and HUA HONG SEMI (01347.HK)  -1.000 (-4.577%)    Short selling $124.80M; Ratio 20.925%   gained 9-15%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-01 16:25.)

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