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<H Shrs>HSI Sags 25 pts at Midday as TENCENT, BABA-SW Hike; XINYI GLASS Dips 7%+
The HSI slid 25 points or 0.1% to 19,089 at midday. The HSCEI dropped 3 points or 0.06% to 6,757. The HSTECH hiked 39 points or 1% to 4,057. The total half-day turnover of the mark...
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<H Shrs>HSI Sags 25 pts at Midday as TENCENT, BABA-SW Hike; XINYI GLASS Dips 7%+
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The HSI slid 25 points or 0.1% to 19,089 at midday. The HSCEI dropped 3 points or 0.06% to 6,757. The HSTECH hiked 39 points or 1% to 4,057. The total half-day turnover of the market amounted to $82.013 billion.

For techs, BABA-SW (09988.HK)  0.000 (0.000%)    Short selling $293.84M; Ratio 11.448%   and TENCENT (00700.HK)  0.000 (0.000%)    Short selling $838.40M; Ratio 13.245%   will release their quarterly results. BABA-SW climbed 1.9% to $82.7, while TENCENT picked up 0.4% to $379.8. BIDU-SW (09888.HK)  0.000 (0.000%)    Short selling $57.36M; Ratio 9.532%   and NTES-S (09999.HK)  0.000 (0.000%)    Short selling $73.93M; Ratio 6.140%   gained 1.3% and 1.2%, while KUAISHOU-W (01024.HK)  0.000 (0.000%)    Short selling $228.34M; Ratio 27.747%   jumped 2.8%. BILIBILI-W (09626.HK)  0.000 (0.000%)    Short selling $65.46M; Ratio 21.613%   advanced 6.1%, while TME-SW (01698.HK)  0.000 (0.000%)    Short selling $23.60K; Ratio 0.293%   shot up 9.1% at midday after the declaration of a dividend of US$6.85 cents per share. EAST BUY (01797.HK)  0.000 (0.000%)    Short selling $8.83M; Ratio 7.687%   surged 15.3%, while SENSETIME-W (00020.HK)  0.000 (0.000%)    Short selling $75.39M; Ratio 10.923%   ebbed 0.7% at midday. BYD ELECTRONIC (00285.HK)  0.000 (0.000%)    Short selling $56.72M; Ratio 15.681%   shed 4.3%, while SUNNY OPTICAL (02382.HK)  0.000 (0.000%)    Short selling $34.57M; Ratio 10.925%   mounted 3.6%.

Related NewsG Sachs Elevates KUAISHOU-W (01024.HK) TP to $80; 1Q24 Non-IFRS NP Strongly Beats
Chinese developer AGILE GROUP (03383.HK)  0.000 (0.000%)    Short selling $1.77M; Ratio 5.082%   tumbled 11.4% after it disclosed that it had not yet paid interest on its 2020 notes. CIFI HOLD GP (00884.HK)  0.000 (0.000%)    Short selling $1.99M; Ratio 1.586%   , SEAZEN (01030.HK)  0.000 (0.000%)    Short selling $3.80M; Ratio 9.309%   and KWG GROUP (01813.HK)  0.000 (0.000%)   cratered 3.8-4.9%, while SUNAC (01918.HK)  0.000 (0.000%)    Short selling $12.82M; Ratio 3.360%   and R&F PROPERTIES (02777.HK)  0.000 (0.000%)    Short selling $308.72K; Ratio 2.073%   also slipped over 2%. XINYI GLASS (00868.HK)  0.000 (0.000%)    Short selling $6.66M; Ratio 13.307%   was downgraded to Underweight by Morgan Stanley, and its share price descended 7.6%. Chinese insurers PING AN (02318.HK)  0.000 (0.000%)    Short selling $97.91M; Ratio 10.967%   and CHINA TAIPING (00966.HK)  0.000 (0.000%)    Short selling $4.62M; Ratio 7.499%   cascaded over 2%, while Chinese bank CM BANK (03968.HK)  0.000 (0.000%)    Short selling $39.22M; Ratio 12.909%   faded 2.9%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-28 16:25.)

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