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<H Shrs>HSI Opens 65 Pts Higher as CATL Surges 12%+ from Listing Price at Open; Pharma Boom
Hong Kong stocks opened higher in the morning session. The HSI opened 65 points or 0.3% higher at 23,398. The HSCEI opened 26 points or 0.3% higher at 8,486. The HSTECH opened 11 p...
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<H Shrs>HSI Opens 65 Pts Higher as CATL Surges 12%+ from Listing Price at Open; Pharma Boom
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Hong Kong stocks opened higher in the morning session. The HSI opened 65 points or 0.3% higher at 23,398. The HSCEI opened 26 points or 0.3% higher at 8,486. The HSTECH opened 11 points or 0.2% higher at 5,266.

IPO CATL (03750.HK)  +35.400 (+11.561%)    Short selling $664.71M; Ratio 19.299%   opened at $296, 12.5% higher than the listing price of $263, with a turnover of nearly $1.4 billion in pre-opening session. For automakers, BYD COMPANY (01211.HK)  +12.600 (+2.834%)    Short selling $1.06B; Ratio 30.279%   shed 1.1% to $429, while XIAOMI-W (01810.HK)  -0.650 (-1.186%)    Short selling $865.42M; Ratio 13.833%   climbed 1.2% to $53. LI AUTO-W (02015.HK)  +3.800 (+3.423%)    Short selling $208.81M; Ratio 18.161%   added 1%, while NIO-SW (09866.HK)  +0.550 (+1.800%)    Short selling $22.59M; Ratio 46.947%   and XPENG-W (09868.HK)  -0.100 (-0.129%)    Short selling $270.13M; Ratio 26.256%   inched up 0.3%.

Pharma HENGRUI PHARMA (01276.HK)'s IPO was well received. Its peer CSPC PHARMA (01093.HK)  +0.250 (+3.968%)    Short selling $277.80M; Ratio 31.710%   mounted 3.9%, while BEIGENE (06160.HK)  +5.000 (+3.534%)    Short selling $37.37M; Ratio 9.036%   and HANSOH PHARMA (03692.HK)  +0.500 (+2.012%)    Short selling $49.19M; Ratio 32.558%   jumped up 3.2%. Casinos GALAXY ENT (00027.HK)  -0.500 (-1.558%)    Short selling $24.26M; Ratio 22.088%   and SANDS CHINA LTD (01928.HK)  -0.320 (-2.067%)    Short selling $12.91M; Ratio 17.240%   lifted 1.3% and 1.2%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-21 12:25.)

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