The HSI closed up 2 points to 16,251. The HSCEI added 5 points or 0.1% to close at 5,749. The HSTECH picked up 2 points to close at 3,340. Total market turnover for the day amounted to 99.191 billions.

Macau's 1Q24 mass GGR amounted to MOP42.9 billion, accounting for 75% of the total GGR. Casino GALAXY ENT (00027.HK)  -0.550 (-1.528%)    Short selling $64.54M; Ratio 12.473%   cascaded 7.1% to close at $34.2, being the worst-performing blue chip. At the same time, JPMorgan downgraded GALAXY ENT to Neutral, while Morgan Stanley downgraded the stock to Equalweight, and reduced its target price to $38. Morgan Stanley also said that the company's 2024 earnings forecast will face downward pressure from the market. SANDS CHINA LTD (01928.HK)  -0.460 (-2.403%)    Short selling $45.50M; Ratio 11.914%   also faded 3.4%. SJM HOLDINGS (00880.HK)  -0.070 (-2.365%)    Short selling $2.57M; Ratio 9.995%   , WYNN MACAU (01128.HK)  -0.240 (-3.179%)    Short selling $4.51M; Ratio 7.248%   and MGM CHINA (02282.HK)  -0.280 (-2.065%)    Short selling $3.72M; Ratio 7.208%   dropped 0.6-1.9%, while MELCO INT'L DEV (00200.HK)  -0.150 (-2.467%)    Short selling $7.79M; Ratio 23.870%   was flat.

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In addition, WUXI APPTEC (02359.HK)  -0.850 (-2.342%)    Short selling $21.35M; Ratio 6.654%   elevated 4.9%, the best-performing blue chip, while its same series WUXI BIO (02269.HK)  -0.220 (-1.576%)    Short selling $10.75M; Ratio 2.714%   also gained 2.1%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-04-30 16:25.)