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
<H Shrs>HSI Slumps 165 pts at Close as CN Developers Fall; XIAOMI Leaps 6%+
The HSI slid 165 points or 0.9% to close at 18,313. The HSCEI fell 69 points or 1.1% to close at 6,456. The HSTECH lost 50 points or 1.3% to close at 3,872. Total market turnover f...
Reset
Send
The window will close in 5 seconds
<H Shrs>HSI Slumps 165 pts at Close as CN Developers Fall; XIAOMI Leaps 6%+
Close
Recommend
109
Positive
176
Negative
110
 
 

The HSI slid 165 points or 0.9% to close at 18,313. The HSCEI fell 69 points or 1.1% to close at 6,456. The HSTECH lost 50 points or 1.3% to close at 3,872. Total market turnover for the day amounted to $128.655 billion.

The sales volume of China's top 100 real estate companies fell 13% MoM in April. Chinese developers took the lead to decline. KWG GROUP (01813.HK)  0.000 (0.000%)   and AGILE GROUP (03383.HK)  0.000 (0.000%)    Short selling $3.66M; Ratio 1.543%   plummeted 14.1% and 13.3%, while SINO-OCEAN GP (03377.HK)  0.000 (0.000%)   , CIFI HOLD GP (00884.HK)  0.000 (0.000%)    Short selling $4.98M; Ratio 0.725%   and SUNAC (01918.HK)  0.000 (0.000%)    Short selling $79.74M; Ratio 2.812%   descended 11.6%, 9.9% and 8.4%. LONGFOR GROUP (00960.HK)  0.000 (0.000%)    Short selling $570.46M; Ratio 36.648%   , CHINA VANKE (02202.HK)  0.000 (0.000%)    Short selling $441.12M; Ratio 14.435%   , GREENTOWN CHINA (03900.HK)  0.000 (0.000%)    Short selling $75.18M; Ratio 17.013%   and R&F PROPERTIES (02777.HK)  0.000 (0.000%)    Short selling $6.00M; Ratio 5.788%   slipped 6.1- 7.6%, while property managers CG SERVICES (06098.HK)  0.000 (0.000%)    Short selling $45.47M; Ratio 6.908%   and CHINA OVS PPT (02669.HK)  0.000 (0.000%)    Short selling $28.08M; Ratio 13.351%   receded 5.7% and 6.3%.

Related NewsCICC lists Estimated Passive Capital Flow of HK-listed Stocks Added/ Deleted in Quarterly Review of MSCI China Index (Table)
Hong Kong and Chinese consumers retreated. BUD APAC (01876.HK)  0.000 (0.000%)    Short selling $30.91M; Ratio 20.995%   's 1Q24 net profit declined over 3%, and its share price shed 3.8%. MAOYAN ENT (01896.HK)  0.000 (0.000%)    Short selling $2.86M; Ratio 6.659%   and CTG DUTY-FREE (01880.HK)  0.000 (0.000%)    Short selling $31.60M; Ratio 15.940%   faded 5.5% and 5%, while MENGNIU DAIRY (02319.HK)  0.000 (0.000%)    Short selling $80.50M; Ratio 12.349%   and CHINA FEIHE (06186.HK)  0.000 (0.000%)    Short selling $7.27M; Ratio 10.024%   also dipped over 3%.

For autos, Chinese media reported that China supports Tesla (TSLA.US)      's driverless taxi testing. LI AUTO-W (02015.HK)  0.000 (0.000%)    Short selling $255.61M; Ratio 15.537%   and XPENG-W (09868.HK)  0.000 (0.000%)    Short selling $96.95M; Ratio 14.731%   stumbled 4.9% and 6.1%, while BYD COMPANY (01211.HK)  0.000 (0.000%)    Short selling $173.65M; Ratio 16.237%   also shed 1.9%. XIAOMI-W (01810.HK)  0.000 (0.000%)    Short selling $271.59M; Ratio 12.954%   swelled 6.5% to $19.1 after its SU7 MAX is reported to deliver ahead of schedule.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-17 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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.