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Updated2024/11/25 13:44
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<HK Wrap-up>HSI Sheds 208 pts; WuXi Series Crash, as JD Hikes Near 6%
HSI slumped 208 points or 1.3% to close at 16,229. HSCEI lowered 59 points or 1% to close at 5,613. HSTECH descended 53 points or 1.6% to close at 3,359. The total market turnover ...
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<HK Wrap-up>HSI Sheds 208 pts; WuXi Series Crash, as JD Hikes Near 6%
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HSI slumped 208 points or 1.3% to close at 16,229. HSCEI lowered 59 points or 1% to close at 5,613. HSTECH descended 53 points or 1.6% to close at 3,359. The total market turnover for the day was $98.009 billion.

US Senate Committee passed the Biosercure Act. Within the WuXi series, WUXI BIO (02269.HK)  -0.120 (-0.833%)    Short selling $46.48M; Ratio 16.977%   and WUXI APPTEC (02359.HK)  -0.950 (-2.063%)    Short selling $9.06M; Ratio 8.166%   evaporated 21.5% and 20.6%, while WUXI XDC (02268.HK)  +0.300 (+1.222%)    Short selling $415.03K; Ratio 0.599%   cratered 9.9%. PHARMARON (03759.HK)  -0.420 (-3.167%)    Short selling $156.97K; Ratio 0.226%   crashed 16%, GENSCRIPT BIO (01548.HK)  +0.040 (+0.393%)    Short selling $10.64M; Ratio 33.564%   and CANSINOBIO (06185.HK)  +0.050 (+0.186%)    Short selling $544.68K; Ratio 2.306%   dropped more than 5%, and REMEGEN (09995.HK)  -0.020 (-0.119%)    Short selling $1.38M; Ratio 9.570%   plummeted 7.5%.

The US ADR of JD (JD.US)      soared 16%, as the company reiterated guidance for JD Retail's revenue this year to outperform overall retail growth. JD-SW (09618.HK)  -4.300 (-3.127%)    Short selling $212.99M; Ratio 22.215%   spiked 6% to close at $94.55. JD LOGISTICS (02618.HK)  +0.100 (+0.718%)    Short selling $3.09M; Ratio 6.082%   turned from a loss to a profit of RMB616 million last year, and its share price ascended 5.5% for the day.

For other dot-com stocks, NTES-S (09999.HK)  -1.900 (-1.393%)    Short selling $47.94M; Ratio 18.914%   dropped 4%, while BABA-SW (09988.HK)  +1.150 (+1.425%)    Short selling $560.33M; Ratio 13.132%   , TENCENT (00700.HK)  -4.200 (-1.048%)    Short selling $530.65M; Ratio 13.619%   , XIAOMI-W (01810.HK)  -0.600 (-2.102%)    Short selling $603.93M; Ratio 25.829%   , BIDU-SW (09888.HK)  +1.650 (+2.153%)    Short selling $116.76M; Ratio 18.997%   , and KUAISHOU-W (01024.HK)  +1.200 (+2.706%)    Short selling $250.84M; Ratio 20.186%   declined 1% to 1.8%. MEITUAN-W (03690.HK)  -5.900 (-3.531%)    Short selling $545.82M; Ratio 14.523%   fell 3.7% after rumours of a major overhaul of Douyin's life service team, which raised market concerns about related competition. In addition, XD INC (02400.HK)  +0.350 (+1.443%)    Short selling $25.20M; Ratio 18.054%   and WEIMOB INC (02013.HK)  0.000 (0.000%)    Short selling $5.45M; Ratio 17.628%   shed 5.4% and 4%, but BILIBILI-W (09626.HK)  -1.900 (-1.333%)    Short selling $36.10M; Ratio 16.634%   ascended 3.6%.

Food stock U-PRESID CHINA (00220.HK)  -0.040 (-0.595%)    Short selling $227.28K; Ratio 3.688%   made 36% more profit last year and raised DPS. Its share price soared 13.2% for the whole day. Several private equity funds are reportedly interested in privatizing SAMSONITE (01910.HK)  +0.400 (+2.155%)    Short selling $4.81M; Ratio 14.006%   , and its shares rose 0.5% amid a falling market.

Gold price broke the top again. SD GOLD (01787.HK)  -0.380 (-2.707%)    Short selling $4.81M; Ratio 8.090%   , ZHAOJIN MINING (01818.HK)  -0.360 (-3.077%)    Short selling $6.61M; Ratio 19.082%   and ZIJIN MINING (02899.HK)  -0.080 (-0.530%)    Short selling $52.96M; Ratio 36.140%   lifted 2.6% to 3.3%. MMG (01208.HK)  -0.060 (-2.222%)    Short selling $5.31M; Ratio 18.731%   surged 14.7% on expectations of profit contribution from its Khoemacau copper mine in Africa.

As for other blue chips, HSBC HOLDINGS (00005.HK)  -0.250 (-0.351%)    Short selling $137.18M; Ratio 31.141%   inclined 0.7% to $58.5 at ex-dividend day, while HKEX (00388.HK)  -1.600 (-0.560%)    Short selling $159.36M; Ratio 24.990%   and AIA (01299.HK)  +0.350 (+0.620%)    Short selling $348.04M; Ratio 35.366%   retreated 1.8% and 0.9%. Export stock TECHTRONIC IND (00669.HK)  +1.400 (+1.338%)    Short selling $19.65M; Ratio 15.337%   earned 9% less last year, but Morgan Stanley said its performance in 2H23 is better than expected. TECHTRONIC's share price added 1.5%.

Mainland real estate stock CHINA OVERSEAS (00688.HK)  -0.060 (-0.456%)    Short selling $19.82M; Ratio 15.479%   logged a 69% YoY decline in property sales during February, and its stock price dropped 2.5%. Local real estate stock WHARF REIC (01997.HK)  +0.100 (+0.485%)    Short selling $5.57M; Ratio 19.593%   turned from a loss to a profit of $4.77 billion last year, with brokers finding its dividend payout better than expected. WHARF REIC's stock price hiked 5.6% for the day.


(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-25 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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