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<H Shrs>HSI Opens 73 Pts Higher as TECHTRONIC IND Leaps 4%+; YUM CHINA Subtracts Post-results
The HSI opened 73 points or 0.3% higher at 22,192. The HSCEI opened 23 points or 0.3% higher at 8,100. The HSTECH opened 24 points or 0.5% higher at 5,112.Exporter TECHTRONIC IND (...
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<H Shrs>HSI Opens 73 Pts Higher as TECHTRONIC IND Leaps 4%+; YUM CHINA Subtracts Post-results
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The HSI opened 73 points or 0.3% higher at 22,192. The HSCEI opened 23 points or 0.3% higher at 8,100. The HSTECH opened 24 points or 0.5% higher at 5,112.

Exporter TECHTRONIC IND (00669.HK)  +3.150 (+4.018%)    Short selling $109.83M; Ratio 12.118%   elevated 4.1%, while home appliance stock HAIER SMARTHOME (06690.HK)  +0.550 (+2.439%)    Short selling $30.20M; Ratio 13.352%   climbed 1.6%. HSBC HOLDINGS (00005.HK)  -0.900 (-1.033%)    Short selling $169.89M; Ratio 10.107%   lost 1.3% to $86 as its Chairman Mark Tucker will retire by the end of the year. The company has commenced the process to select Tucker's successor.

Related NewsShein Raises Prices for US Goods w/ Some Products Hiking as Much as 377%
Macau's April GGR rose 1.7% YoY, slightly beating expectations. GALAXY ENT (00027.HK)  +0.600 (+2.128%)    Short selling $46.77M; Ratio 14.872%   and SANDS CHINA LTD (01928.HK)  +0.220 (+1.574%)    Short selling $79.10M; Ratio 32.431%   gained 1.1% and 0.7%, while consumers TRIP.COM-S (09961.HK)  +3.000 (+0.641%)    Short selling $319.46M; Ratio 39.967%   , ANTA SPORTS (02020.HK)  +0.950 (+1.033%)    Short selling $89.79M; Ratio 34.340%   and NONGFU SPRING (09633.HK)  +0.250 (+0.698%)    Short selling $44.03M; Ratio 39.047%   sagged 1.9-2.2%. ZIJIN MINING (02899.HK)  +0.480 (+2.827%)    Short selling $163.22M; Ratio 21.417%   proposed to spin off its overseas gold mine assets for separate listing, and its share price lifted 2.6% to $17.42.

YUM CHINA (09987.HK)  -27.800 (-7.667%)    Short selling $36.68M; Ratio 13.055%   cascaded 3.9% to $348.4 as its 1Q25 net profit increased 3%. Citi Research said that, in light of the uncertain same-store sales outlook for the next few quarters, another acceleration of its system sales growth could put pressure on margins in 2Q25-4Q25.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)

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