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<H Shrs>HSI Concludes Down 114 Pts; CSPC PHARMA, KUAISHOU-W Soar 12%+, 8%+
The HSI concluded the day down by 114 points or 0.5% to 23,792; the HSCEI shed 54 points or 0.6% to 8,629; and the HSTECH declined 33 points or 0.6% to 5,286. The aggregate market ...
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<H Shrs>HSI Concludes Down 114 Pts; CSPC PHARMA, KUAISHOU-W Soar 12%+, 8%+
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The HSI concluded the day down by 114 points or 0.5% to 23,792; the HSCEI shed 54 points or 0.6% to 8,629; and the HSTECH declined 33 points or 0.6% to 5,286. The aggregate market turnover hiked 6.1% from the previous day to HKD235.622 billion.

Several HSI constituents adjusted after the market close. MIDEA GROUP (00300.HK)  +1.200 (+1.600%)    Short selling $299.02M; Ratio 32.639%   and ZTO EXPRESS-W (02057.HK)  +0.800 (+0.600%)    Short selling $494.75M; Ratio 52.215%   , set to join the HSI family, climbed 1.6% and 0.6%, respectively. BYD COMPANY (01211.HK)  -9.000 (-2.184%)    Short selling $1.61B; Ratio 13.606%   , to be included in the HSTECH, sagged 2.2% to HKD403, while CHINA LIT (00772.HK)  -0.550 (-1.855%)    Short selling $231.62M; Ratio 26.304%   , to be excluded from the HSTECH, dropped 1.9%.

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SMIC (00981.HK)  -2.050 (-4.852%)    Short selling $117.74M; Ratio 3.575%   initially advanced but closed down 4.9% after announcing plans to sell a 14.8% stake in SMIC Ningbo to Goke Micro. KUAISHOU-W (01024.HK)  +4.600 (+8.440%)    Short selling $1.74B; Ratio 19.248%   swelled 8.4% as its Kling AI monthly subscription revenue topped RMB100 million for two straight months. As to other techs, BABA-W (09988.HK)  -1.700 (-1.437%)    Short selling $1.71B; Ratio 19.496%   fell 1.4% to HKD116.6, while TENCENT (00700.HK)  0.000 (0.000%)    Short selling $686.49M; Ratio 10.172%   closed flat at HKD515.

Pharmas CSPC PHARMA (01093.HK)  +1.000 (+12.723%)    Short selling $780.41M; Ratio 19.653%   and GENSCRIPT BIO (01548.HK)  +1.180 (+8.780%)    Short selling $71.78M; Ratio 10.944%   jumped up 12.7% and 8.8%, respectively. HSBC Research upgraded CSPC PHARMA (01093.HK)  +1.000 (+12.723%)    Short selling $780.41M; Ratio 19.653%   to Buy and raised its target price to HKD9.5. LUYE PHARMA (02186.HK)  +0.130 (+4.626%)    Short selling $46.89M; Ratio 9.957%   and SSY GROUP (02005.HK)  +0.110 (+3.915%)    Short selling $3.18M; Ratio 3.616%   shot up 4.6% and 3.9%, respectively.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)

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