The HSI opened 1 point higher and widened its gain, closing at 16,469 for the midday, up 217 points or 1.3%. HSCEI increased 83 points or 1.4% to 5,833. HSTECH lifted 38 points or 1.1% to 3,378. Half-day turnover totalled $52.116 billion.

Technology stocks generally rose, with TENCENT (00700.HK)  -0.400 (-0.115%)    Short selling $549.48M; Ratio 9.902%   up 2.3%. LENOVO GROUP (00992.HK)  -0.070 (-0.778%)    Short selling $71.66M; Ratio 19.322%   is working with BABA-SW (09988.HK)  0.000 (0.000%)    Short selling $239.08M; Ratio 6.757%   on AI-related cooperation. LENOVO lifted 1.1% and BABA was flat. BIDU-SW (09888.HK)  +1.400 (+1.355%)    Short selling $398.04M; Ratio 29.201%   , BILIBILI-W (09626.HK)  -1.400 (-1.344%)    Short selling $69.66M; Ratio 18.691%   , NTES-S (09999.HK)  -0.700 (-0.464%)    Short selling $69.01M; Ratio 10.921%   , KUAISHOU-W (01024.HK)  -0.750 (-1.323%)    Short selling $323.73M; Ratio 25.941%   and XIAOMI-W (01810.HK)  -0.100 (-0.574%)    Short selling $155.79M; Ratio 9.553%   each gained 0.6% to 1.6%. MEITUAN-W (03690.HK)  -1.900 (-1.706%)    Short selling $367.71M; Ratio 10.656%   was flat, while JD-SW (09618.HK)  -3.200 (-2.712%)    Short selling $173.41M; Ratio 12.282%   descended 0.7%.

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Car stocks were steady, with LI AUTO-W (02015.HK)  +2.700 (+2.665%)    Short selling $131.77M; Ratio 11.070%   up 0.9%. XPENG-W (09868.HK)  +0.800 (+2.602%)    Short selling $98.36M; Ratio 19.979%   elevated 3.4% after it signed a strategic cooperation framework agreement with Volkswagen on electronic and electrical architecture technology. GEELY AUTO (00175.HK)  -0.020 (-0.209%)    Short selling $51.10M; Ratio 12.264%   mounted 2.2%. BYD COMPANY (01211.HK)  -0.800 (-0.370%)    Short selling $425.11M; Ratio 22.795%   rose 1.6% as it launched the first blade battery-equipped 3-axle construction BEVs. NIO-SW (09866.HK)  +0.050 (+0.140%)    Short selling $17.55M; Ratio 43.230%   inclined 3.5% as the company's 2024 ET7 model became the first smart EV with a range of more than 1,000 kilometres, with deliveries starting at the end of the month. DONGFENG GROUP (00489.HK)  -0.190 (-6.250%)    Short selling $27.19M; Ratio 18.975%   lifted 1.8%.

SANDS CHINA LTD (01928.HK)  -0.460 (-2.403%)    Short selling $45.50M; Ratio 11.914%   shares lifted 1.8% after its 1Q adjusted property EBITDA surged 53% YoY. In addition, ZHONGSHENG HLDG (00881.HK)  -0.560 (-3.748%)    Short selling $30.33M; Ratio 29.016%   was the best-performing blue chip, spiking 9%, while CHINAHONGQIAO (01378.HK)  +0.200 (+1.869%)    Short selling $85.79M; Ratio 12.538%   was the worst-performing blue chip, plummeting 4.4%.

Huawei's newly launched Pura 70 series smartphones include an innovative ultra-concentration telescopic camera. It is reported that the supplier of the relevant external telescopic parts is AAC TECH (02018.HK)  +0.450 (+1.833%)    Short selling $21.09M; Ratio 24.360%   . AAC advanced 3.6%.

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ANTA SPORTS (02020.HK)  +0.350 (+0.392%)    Short selling $72.77M; Ratio 14.991%   rallied nearly 5%, as the retail sales of its Anta brand recorded mid-single-digit YoY growth in 1Q24. Daiwa commented that ANTA has achieved high quality and comprehensive growth again in 1Q, while Goldman Sachs also said ANTA is making steady progress in achieving its full-year target. Sportswear stocks XTEP INT'L (01368.HK)  -0.020 (-0.399%)    Short selling $2.81M; Ratio 9.575%   and LI NING (02331.HK)  -0.050 (-0.239%)    Short selling $46.99M; Ratio 11.441%   mounted 3.2% and 2.8% respectively. SHENZHOU INTL (02313.HK)  +2.000 (+2.625%)    Short selling $48.09M; Ratio 18.855%   hiked 5.7%, with Citi finding bullishness in Adidas, a client of SHENZHOU, raising its guidance this year.

ESPRIT HOLDINGS (00330.HK)  +0.034 (+17.436%)   announced plans to partner with a private equity group to reorganise its European operations, and the stock skyrocketed 22%. LINGBAO GOLD (03330.HK)  -0.210 (-6.604%)   shares waned 2.5% after it placed shares at a 16% discount, aiming to raise $79.3 million. KIN YAT HOLD (00638.HK)  0.000 (0.000%)   surged 24.1% after the resumption of trading this morning, with its chairman proposing privatisation at a premium of 33.3%.

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-04-30 16:25.)

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