Hong Kong stocks waned this morning (6 May) after nine consecutive gains. HSI declined 9 points or 0.05% to 18,466 points at midday. HSCEI fell 17 points or 0.3% to 6,529. HSTECH decremented 1 point or 0.03% to 3,970. Half-day turnover totalled $80.066 billion.

For Auto stocks, BYD COMPANY (01211.HK)  +0.800 (+0.361%)    Short selling $173.65M; Ratio 16.237%   proposed to offer car purchase discounts of up to RMB18,000 for all models of its Dynasty series, and its share price closed flat at $226.4. Peers XPENG-W (09868.HK)  +0.400 (+1.272%)    Short selling $96.95M; Ratio 14.731%   and LEAPMOTOR (09863.HK)  +0.400 (+1.294%)    Short selling $11.46M; Ratio 8.044%   descended 3.9% and 5.2%. GEELY AUTO (00175.HK)  0.000 (0.000%)    Short selling $43.92M; Ratio 10.727%   subsidiary Zeekr will go public in the US, and GEELY intends to spend US$320 million to subscribe for its shares. GEELY slumped 1.8%. LI AUTO-W (02015.HK)  -3.800 (-3.811%)    Short selling $255.61M; Ratio 15.537%   saw the cumulative orders for its Li L6 topping 41,000 units during 3 weeks of sale, and its shares hiked 6.5%.

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Among tech stocks, BABA-SW (09988.HK)  +6.000 (+7.528%)    Short selling $1.05B; Ratio 11.081%   dipped 0.1% to $79.1, TENCENT (00700.HK)  +1.400 (+0.356%)    Short selling $1.07B; Ratio 9.649%   elevated 0.9% to $367.6, while JD-SW (09618.HK)  +1.700 (+1.284%)    Short selling $196.38M; Ratio 10.404%   and BIDU-SW (09888.HK)  +2.500 (+2.306%)    Short selling $463.68M; Ratio 24.693%   dropped 0.6% and 0.2%. MEITUAN-W (03690.HK)  -0.600 (-0.478%)    Short selling $446.65M; Ratio 11.192%   , XIAOMI-W (01810.HK)  +0.120 (+0.605%)    Short selling $271.59M; Ratio 12.954%   and BILIBILI-W (09626.HK)  +6.400 (+5.220%)    Short selling $148.77M; Ratio 17.694%   reduced 1.1% to 1.2%, while KUAISHOU-W (01024.HK)  +0.050 (+0.086%)    Short selling $437.37M; Ratio 19.324%   reduced 1.9% and NTES-S (09999.HK)  +4.400 (+2.778%)    Short selling $237.38M; Ratio 16.616%   gained 1.4%. KINGSOFT CLOUD (03896.HK)  +0.070 (+3.846%)    Short selling $1.90M; Ratio 3.897%   and EAST BUY (01797.HK)  +0.140 (+0.744%)    Short selling $8.96M; Ratio 2.144%   retreated more than 3%.

Foxconn's April revenue hit a historic high for all Aprils, and mobile phone-related stocks were boosted. BYD ELECTRONIC (00285.HK)  -0.050 (-0.148%)    Short selling $13.94M; Ratio 4.326%   , COWELL (01415.HK)  -0.480 (-2.417%)    Short selling $1.81M; Ratio 3.588%   and FIH (02038.HK)  0.000 (0.000%)    Short selling $359.85K; Ratio 13.659%   rallied 4.5% to 6%.

Consumer stocks developed individually, LI NING (02331.HK)  +0.300 (+1.382%)    Short selling $40.33M; Ratio 8.441%   and NONGFU SPRING (09633.HK)  +0.250 (+0.542%)    Short selling $19.91M; Ratio 8.157%   faltered 5% and 3%, TSINGTAO BREW (00168.HK)  -0.700 (-1.108%)    Short selling $49.18M; Ratio 16.840%   lifted 4.2%, while WH GROUP (00288.HK)  +0.080 (+1.441%)    Short selling $14.20M; Ratio 9.367%   , MENGNIU DAIRY (02319.HK)  -0.020 (-0.119%)    Short selling $80.50M; Ratio 12.349%   and TRIP.COM-S (09961.HK)  +7.600 (+1.764%)    Short selling $82.52M; Ratio 8.321%   mounted 3% to 3.2%.

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Photovoltaic stocks XINYI GLASS (00868.HK)  +0.370 (+3.818%)    Short selling $15.86M; Ratio 9.878%   and GCL TECH (03800.HK)  -0.030 (-2.158%)    Short selling $21.53M; Ratio 7.701%   ascended 10.3% and 4.3%.


(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-17 16:25.)