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Updated2024/11/15 15:10
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<H Shrs>HSI Adds 107 Pts at Midday, Led by Car, Domestic Demand Stocks; GEELY AUTO, LI AUTO-W Rocket 7%+
Hong Kong stocks rallied in the morning session. The HSI rebounded after opening 44 points lower. It once peaked at 20,629 with a surge of 151 points, eventually ending the midday ...
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<H Shrs>HSI Adds 107 Pts at Midday, Led by Car, Domestic Demand Stocks; GEELY AUTO, LI AUTO-W Rocket 7%+
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Hong Kong stocks rallied in the morning session. The HSI rebounded after opening 44 points lower. It once peaked at 20,629 with a surge of 151 points, eventually ending the midday up 107 points, or 0.5%, at 20,585. The HSCEI grew 53 points, or 0.7%, to 7,393. The HSTECH climbed 63 points, or 1.4%, to 4,555. The total market turnover for the half-day amounted to $90.185 billion.

Car stocks spearheaded the gains. GEELY AUTO (00175.HK)  -0.720 (-5.180%)    Short selling $267.30M; Ratio 16.990%   and LI AUTO-W (02015.HK)  +1.750 (+2.040%)    Short selling $179.30M; Ratio 33.564%   rocketed over 7%, while XPENG-W (09868.HK)  -0.950 (-1.879%)    Short selling $264.30M; Ratio 39.255%   , GWMOTOR (02333.HK)  +0.240 (+1.807%)    Short selling $41.85M; Ratio 17.413%   , and NIO-SW (09866.HK)  -0.150 (-0.427%)    Short selling $15.05M; Ratio 40.124%   soared 3.5-4.4%. Consumer and domestic demand stocks performed positively across the board. CHINA FEIHE (06186.HK)  -0.110 (-1.926%)    Short selling $4.15M; Ratio 19.500%   hiked 6.1%. YIHAI INTL (01579.HK)  -0.040 (-0.291%)    Short selling $729.98K; Ratio 12.458%   , VITASOY INT'L (00345.HK)  -0.100 (-0.942%)    Short selling $8.76M; Ratio 34.015%   , MENGNIU DAIRY (02319.HK)  +0.200 (+1.205%)    Short selling $33.36M; Ratio 15.255%   , SAMSONITE (01910.HK)  +0.680 (+3.696%)    Short selling $21.07M; Ratio 14.633%   , ALI PICTURES (01060.HK)  +0.005 (+1.087%)    Short selling $2.22M; Ratio 16.076%   , and CTG DUTY-FREE (01880.HK)  +0.900 (+1.734%)    Short selling $943.94K; Ratio 2.663%   ascended over 3%.

As for techs, BABA-W (09988.HK)  -0.750 (-0.853%)    Short selling $454.12M; Ratio 20.761%   edged down 0.8% to $97. TENCENT (00700.HK)  -2.400 (-0.595%)    Short selling $848.82M; Ratio 11.326%   inched up 0.1% to $421.4. MEITUAN-W (03690.HK)  +0.300 (+0.177%)    Short selling $666.24M; Ratio 26.280%   and BILIBILI-W (09626.HK)  -16.300 (-10.037%)    Short selling $293.66M; Ratio 24.810%   swelled 3.8% and 2.8%. XIAOMI-W (01810.HK)  +0.150 (+0.539%)    Short selling $541.48M; Ratio 28.886%   and KUAISHOU-W (01024.HK)  +1.400 (+2.800%)    Short selling $205.94M; Ratio 21.803%   gained 1.7% and 1.6%. JD-SW (09618.HK)  -2.500 (-1.850%)    Short selling $204.23M; Ratio 16.947%   and NTES-S (09999.HK)  +14.500 (+12.134%)    Short selling $479.83M; Ratio 24.390%   added less than 1%. Morgan Stanley expected BIDU-SW (09888.HK)  +1.250 (+1.543%)    Short selling $80.57M; Ratio 28.361%   to log declined core revenue in 3Q. BIDU-SW shed 2.4%.

In addition, CHINA LIT (00772.HK)  -0.050 (-0.191%)    Short selling $2.11M; Ratio 9.406%   spiked 5.7%. SENSETIME-W (00020.HK)  -0.030 (-1.863%)    Short selling $40.15M; Ratio 12.746%   , JD HEALTH (06618.HK)  +1.100 (+4.151%)    Short selling $40.33M; Ratio 27.991%   , and GDS-SW (09698.HK)  +0.350 (+1.613%)    Short selling $2.51M; Ratio 20.173%   jumped up by 3.8-4.4%. AAC TECH (02018.HK)  +0.200 (+0.679%)    Short selling $12.95M; Ratio 23.320%   leaped 3.4%.

Chinese insurer PING AN (02318.HK)  -0.250 (-0.545%)    Short selling $202.12M; Ratio 24.134%   reported a 36% YoY growth in its 1-3Q net profit, beating expectations. Its stock price sagged 1.2%. CHINA MOBILE (00941.HK)  +0.900 (+1.292%)    Short selling $191.32M; Ratio 25.461%   reported a 5% YoY increase in its 1-3Q net profit, meeting expectations. However, the market was concerned about its declining mobile ARPU and revenue, dropping its stock price by 0.5%. ZTE (00763.HK)  -0.350 (-1.746%)    Short selling $6.02M; Ratio 3.977%   logged an 8% YoY slump in 3Q net profit. Its stock price plunged 6.2%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-15 12:25.)

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