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HSTECH Mounts 3%+ as EV New Forces Prosper; SENSETIME Surges 10%
Techs led Hong Kong stocks to rise this morning (26th). The HSI last printed at 17,628, up 344 points or 2%, with a turnover of $63.7 billion for the main board. The HSTECH mounted...
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HSTECH Mounts 3%+ as EV New Forces Prosper; SENSETIME Surges 10%
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Techs led Hong Kong stocks to rise this morning (26th). The HSI last printed at 17,628, up 344 points or 2%, with a turnover of $63.7 billion for the main board. The HSTECH mounted 123 points or 3.5% to 3,678.

Beijing is holding an auto, in which many manufacturers launched new cars. EV new forces prospered. XPENG-W (09868.HK)  -1.550 (-4.473%)    Short selling $138.28M; Ratio 8.873%   peaked at $29.7, and last advanced 5.57% to $29.4, while NIO-SW (09866.HK)  -1.550 (-3.713%)    Short selling $34.15M; Ratio 29.667%   peaked at $34.2, and last escalated 4.16% to $33.8. LI AUTO-W (02015.HK)  -2.700 (-3.285%)    Short selling $281.89M; Ratio 13.888%   opened 1.6% lower before rebounding, and last printed at $97.95, up 4.16%.

Related NewsMacquarie Slightly Lifts BABA-SW (09988.HK) TP to $78.7 on Improving Shareholder Returns
EAST BUY (01797.HK)  +0.320 (+1.674%)    Short selling $6.56M; Ratio 2.923%   opened 0.75% higher, and expanded its gain to a high of $17.22. The stock last printed at $16.98, up 6.39%. SENSETIME-W (00020.HK)  +0.020 (+1.351%)    Short selling $69.85M; Ratio 8.630%   recently released its AI foundation model, and last surged 10.8% to $ 0.92, being the largest gainer among the constituents of the HSTECH.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-22 16:25.)

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