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<H Shrs>HSI Ascends 80 Pts at Open; SMIC, HUA HONG SEMI Tumble Post Results
Hong Kong bourse opened higher, with the HSI up 80 points or 0.4% at 22,856, the HSCEI up 19 points or 0.2% at 8,320, and the HSTECH down 3 points or 0.1% at 5,225. The DJIA rose 2...
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<H Shrs>HSI Ascends 80 Pts at Open; SMIC, HUA HONG SEMI Tumble Post Results
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SHORT SELL
 
STOCK INFO

Hong Kong bourse opened higher, with the HSI up 80 points or 0.4% at 22,856, the HSCEI up 19 points or 0.2% at 8,320, and the HSTECH down 3 points or 0.1% at 5,225. The DJIA rose 254 points or 0.6% overnight, while the Nasdaq climbed 1.1%.

SMIC (00981.HK)  -2.150 (-4.762%)    Short selling $380.31M; Ratio 4.469%   reported 1Q25 revenue growth below guidance, with 2Q25 revenue guidance down 4%-6% QoQ, and its shares opened 5.9% lower. HUA HONG SEMI (01347.HK)  -2.800 (-7.943%)    Short selling $396.40M; Ratio 16.248%   saw 1Q25 profit drop 88%, with shares opening 9.2% lower. BABA-W (09988.HK)  +2.100 (+1.728%)    Short selling $824.69M; Ratio 10.428%   launched the open-source AI model ZeroSearch, surpassing Google’s performance, and its shares opened 1.2% higher at HKD122.9. BIDU-SW (09888.HK)  -0.450 (-0.529%)    Short selling $378.85M; Ratio 48.504%   opened 0.1% lower.

For other tech stocks, TENCENT (00700.HK)  -3.400 (-0.683%)    Short selling $394.78M; Ratio 5.774%   opened 0.4% higher at HKD500. MEITUAN-W (03690.HK)  -0.400 (-0.283%)    Short selling $650.67M; Ratio 17.129%   opened up 1.1% at HKD143. XIAOMI-W (01810.HK)  +0.550 (+1.083%)    Short selling $378.14M; Ratio 7.424%   , JD-SW (09618.HK)  -0.100 (-0.076%)    Short selling $71.04M; Ratio 4.762%   , NTES-S (09999.HK)  -2.200 (-1.326%)    Short selling $226.09M; Ratio 34.043%   and KUAISHOU-W (01024.HK)  -1.250 (-2.347%)    Short selling $222.93M; Ratio 18.462%   each opened up 0.6%. BILIBILI-W (09626.HK)  -1.200 (-0.867%)    Short selling $29.52M; Ratio 10.733%   opened up 0.5%, while NEW ORIENTAL-S (09901.HK)  -0.300 (-0.812%)    Short selling $51.06M; Ratio 39.891%   opened 1.2% lower. In the auto sector, BYD COMPANY (01211.HK)  +1.200 (+0.311%)    Short selling $512.61M; Ratio 17.866%   , reportedly aiming for 50% overseas sales by 2030, opened 0.6% higher at HKD388, and NIO-SW (09866.HK)  +0.450 (+1.495%)    Short selling $27.53M; Ratio 27.546%   opened 1.3% higher.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-09 16:25.)

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