The Nasdaq slid nearly 1% on last Friday (15th), marking an incline in 3 consecutive days. In addition, the Golden Dragon China Index (HXC), which reflects the performance of Chinese SOEs, dropped 0.4% on last Friday.

However, the HSTECH reversed its loss in 2 consecutive days today (18th), and re-crossed the 100-day MA (3,583) today. The index peaked at 3,608 after midday, and last printed at 3,600, up 1.4%. In addition, the HSI reversed its decline in 3 consecutive days, and last printed at 16,765, rebounding 44 points or nearly 0.3%. Total turnover was $73.1 billion.

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BILIBILI-W (09626.HK)  +4.200 (+4.196%)    Short selling $184.93M; Ratio 28.469%   , KINGSOFT (03888.HK)  +0.950 (+3.777%)    Short selling $62.70M; Ratio 26.760%   , BYD ELECTRONIC (00285.HK)  +0.750 (+3.086%)    Short selling $35.61M; Ratio 21.303%   , XIAOMI-W (01810.HK)  +0.760 (+4.578%)    Short selling $597.84M; Ratio 14.869%   , KUAISHOU-W (01024.HK)  +3.700 (+7.008%)    Short selling $697.32M; Ratio 26.910%   and SUNNY OPTICAL (02382.HK)  +2.650 (+7.465%)    Short selling $118.40M; Ratio 11.354%   leaped nearly 2% to 4%. The latter two outperformed at $52.65 and $55, up about 4%.

TENCENT (00700.HK)  +9.000 (+2.652%)    Short selling $1.88B; Ratio 18.261%   and JD-SW (09618.HK)  +6.400 (+5.750%)    Short selling $602.09M; Ratio 29.397%   peaked at $290.6/ $109, and last printed at $289.8/ $108.1, adding over 2-3%. CHINA LIT (00772.HK)  +1.500 (+5.587%)    Short selling $21.97M; Ratio 13.537%   jumped up 4% to $27.45, re-crossing the 100-day MA ($26.7).
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-04-26 16:25.)