News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
HK Big Techs Shiny Broadly; TENCENT Sets 1-yr+ High; MEITUAN Ebbs 1%
Chinese ADRs executed well overnight, as NASDAQ Golden Dragon China Index shot up more than 6%. HK-listed major techs drifted higher this morning, with the HSTECH last posted at 3,...
Reset
Send
The window will close in 5 seconds
HK Big Techs Shiny Broadly; TENCENT Sets 1-yr+ High; MEITUAN Ebbs 1%
Close
Recommend
51
Positive
91
Negative
40
 
 

Chinese ADRs executed well overnight, as NASDAQ Golden Dragon China Index shot up more than 6%. HK-listed major techs drifted higher this morning, with the HSTECH last posted at 3,933, up 67 pts or 1.75%. BILIBILI-W (09626.HK)  +6.400 (+5.220%)    Short selling $148.77M; Ratio 17.694%   has been the best-performing constituent of the HSTECH so far. It last printed at $114.1, up 6.54%. TENCENT (00700.HK)  +1.400 (+0.356%)    Short selling $1.07B; Ratio 9.649%   once mounted 3.4% to peak at $372.6, a new high in more than a year, but then the rally subsided to 0.94% to last at $363.8. JD-SW (09618.HK)  +1.700 (+1.284%)    Short selling $196.38M; Ratio 10.404%   , peaking at $128.7, was last at $125.2, up 3.99%.

MEITUAN-W (03690.HK)  -0.600 (-0.478%)    Short selling $446.65M; Ratio 11.192%   opened up 1.26% today and peaked at $122.9. It last stood at $117.5, down 1.34%.

Related NewsUBS Lifts TP of JD-SW (09618.HK) to HK$156; 1Q24 Results Beat
Nascent EV makers were in a mixed bag. XPENG-W (09868.HK)  +0.400 (+1.272%)    Short selling $96.95M; Ratio 14.731%   last reported at $36.2, up 6%. LI AUTO-W (02015.HK)  -3.800 (-3.811%)    Short selling $255.61M; Ratio 15.537%   last printed at $111.2, up 3.35%. NIO-SW (09866.HK)  +0.050 (+0.119%)    Short selling $40.16M; Ratio 26.249%   last charted at $42.8, down 0.81%, after outrunning yesterday.

Apple's iPhone sales shrank in the second quarter, but announced the largest share buyback program on record at US$110 billion. Apple concept stocks looked shiny, including SUNNY OPTICAL (02382.HK)  +0.700 (+1.618%)    Short selling $48.79M; Ratio 8.449%   , which gained 2.75% to $41.05.

SENSETIME-W (00020.HK)  +0.020 (+1.449%)    Short selling $43.08M; Ratio 4.152%   , receding after 8 days of gains, last posted at $1.59, down 4.22%.

Related NewsG Sachs Lifts TP of TENCENT (00700.HK) to $466; Growth Momentum Clear
The HSI last recorded at 18,427, up 220 pts or 1.21%, with the main board trading at $35.5 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-17 16:25.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.