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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)  -0.600 (-4.464%)    Short selling $197.15M; Ratio 22.999%   and LI AUTO-W (02015.HK)  -3.200 (-3.606%)    Short selling $264.97M; Ratio 30.786%   rocketed over 7%, while XPENG-W (09868.HK)  -2.150 (-4.541%)    Short selling $249.55M; Ratio 22.496%   , GWMOTOR (02333.HK)  -0.440 (-3.390%)    Short selling $48.41M; Ratio 20.204%   , and NIO-SW (09866.HK)  -0.250 (-0.691%)    Short selling $57.30M; Ratio 45.857%   soared 3.5-4.4%. Consumer and domestic demand stocks performed positively across the board. CHINA FEIHE (06186.HK)  -0.250 (-4.448%)    Short selling $13.54M; Ratio 12.463%   hiked 6.1%. YIHAI INTL (01579.HK)  -0.560 (-4.100%)    Short selling $1.09M; Ratio 6.128%   , VITASOY INT'L (00345.HK)  +0.200 (+1.938%)    Short selling $4.86M; Ratio 11.292%   , MENGNIU DAIRY (02319.HK)  -0.260 (-1.517%)    Short selling $147.98M; Ratio 35.586%   , SAMSONITE (01910.HK)  +0.260 (+1.421%)    Short selling $6.81M; Ratio 11.623%   , ALI PICTURES (01060.HK)  -0.030 (-6.897%)    Short selling $12.31M; Ratio 15.894%   , and CTG DUTY-FREE (01880.HK)  -2.250 (-4.360%)    Short selling $8.64M; Ratio 12.436%   ascended over 3%.

As for techs, BABA-W (09988.HK)  -3.700 (-4.384%)    Short selling $1.08B; Ratio 12.034%   edged down 0.8% to $97. TENCENT (00700.HK)  -7.000 (-1.717%)    Short selling $1.22B; Ratio 17.727%   inched up 0.1% to $421.4. MEITUAN-W (03690.HK)  -5.600 (-3.243%)    Short selling $1.15B; Ratio 26.621%   and BILIBILI-W (09626.HK)  -5.100 (-3.455%)    Short selling $81.10M; Ratio 13.237%   swelled 3.8% and 2.8%. XIAOMI-W (01810.HK)  +0.400 (+1.421%)    Short selling $1.49B; Ratio 20.180%   and KUAISHOU-W (01024.HK)  -2.200 (-4.741%)    Short selling $691.75M; Ratio 26.154%   gained 1.7% and 1.6%. JD-SW (09618.HK)  -0.400 (-0.290%)    Short selling $691.79M; Ratio 28.163%   and NTES-S (09999.HK)  -0.400 (-0.292%)    Short selling $226.35M; Ratio 25.785%   added less than 1%. Morgan Stanley expected BIDU-SW (09888.HK)  -7.200 (-8.587%)    Short selling $592.08M; Ratio 28.397%   to log declined core revenue in 3Q. BIDU-SW shed 2.4%.

In addition, CHINA LIT (00772.HK)  -0.800 (-3.101%)    Short selling $13.19M; Ratio 15.018%   spiked 5.7%. SENSETIME-W (00020.HK)  -0.120 (-7.742%)    Short selling $132.81M; Ratio 14.106%   , JD HEALTH (06618.HK)  -1.300 (-4.545%)    Short selling $57.25M; Ratio 31.166%   , and GDS-SW (09698.HK)  +0.100 (+0.568%)    Short selling $13.94M; Ratio 21.847%   jumped up by 3.8-4.4%. AAC TECH (02018.HK)  +2.500 (+7.874%)    Short selling $76.65M; Ratio 13.315%   leaped 3.4%.

Chinese insurer PING AN (02318.HK)  -1.450 (-3.142%)    Short selling $489.30M; Ratio 18.163%   reported a 36% YoY growth in its 1-3Q net profit, beating expectations. Its stock price sagged 1.2%. CHINA MOBILE (00941.HK)  -0.550 (-0.775%)    Short selling $273.51M; Ratio 22.737%   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)  -0.880 (-4.499%)    Short selling $5.50M; Ratio 2.238%   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 2024-11-22 16:25.)

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