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<H Shrs>HSI Climbs 39Pts at Open; BIDU-SW Up 2%+; BABA-W, MEITUAN-W Soft
U.S. President Donald Trump sent letters to 14 countries notifying them of reciprocal tariff rates, leading to a 0.9% drop in the DJIA at close. Markets kept tabs on the U.S. tarif...
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<H Shrs>HSI Climbs 39Pts at Open; BIDU-SW Up 2%+; BABA-W, MEITUAN-W Soft
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U.S. President Donald Trump sent letters to 14 countries notifying them of reciprocal tariff rates, leading to a 0.9% drop in the DJIA at close. Markets kept tabs on the U.S. tariff policies, while Hong Kong stocks opened higher. The HSI climbed 39 points or 0.2% to 23,927; the HSCEI gained 19 points or 0.2% to 8,627; and the HSTECH added 14 points or 0.3% to 5,244.

DONGFENG GROUP (00489.HK)  +0.120 (+3.077%)    Short selling $6.61M; Ratio 8.681%   reported a 33% surge in new energy vehicle (NEV) sales to 200,000 units in 1H25, with its stock opening 0.9% higher at HKD3.56. The China Passenger Car Association (CPCA) noted a 12% decline in average NEV prices in 1H25, impacting stocks like NIO-SW (09866.HK)  -0.500 (-1.488%)    Short selling $33.78M; Ratio 24.722%   and XPENG-W (09868.HK)  -0.200 (-0.282%)    Short selling $118.62M; Ratio 12.848%   , which opened 0.7% and 0.8% lower, respectively. XIAOMI-W (01810.HK)  -0.650 (-1.127%)    Short selling $245.02M; Ratio 7.668%   edged up 0.2%. Chinese media reported that Ji Yue Automobile is unlikely to go bankrupt and is in talks for restructuring, boosting BIDU-SW (09888.HK)  +0.300 (+0.342%)    Short selling $530.12M; Ratio 39.431%   , a joint venture partner, by 2.5% to HKD88.05, while GEELY AUTO (00175.HK)  +0.140 (+0.768%)    Short selling $175.74M; Ratio 17.439%   dipped 0.1% to HKD16.32.

For other techs, BABA-W (09988.HK)  +1.000 (+0.881%)    Short selling $1.71B; Ratio 15.246%   and MEITUAN-W (03690.HK)  -1.600 (-1.268%)    Short selling $1.14B; Ratio 20.121%   opened 0.7% and 1.2% lower, respectively, while TENCENT (00700.HK)  +2.000 (+0.386%)    Short selling $667.18M; Ratio 8.666%   and NTES-S (09999.HK)  -1.200 (-0.574%)    Short selling $95.22M; Ratio 22.320%   hiked 0.6%. JD-SW (09618.HK)  0.000 (0.000%)    Short selling $119.95M; Ratio 10.683%   and BILIBILI-W (09626.HK)  +3.100 (+1.677%)    Short selling $103.34M; Ratio 11.420%   rose 1.3% and 1.6%. KUAISHOU-W (01024.HK)  +1.750 (+2.568%)    Short selling $363.43M; Ratio 14.511%   and SMIC (00981.HK)  -0.100 (-0.219%)    Short selling $100.43M; Ratio 5.458%   lifted 0.3% and 0.8%, and KINGDEE INT'L (00268.HK)  -1.020 (-6.167%)    Short selling $106.46M; Ratio 23.002%   jumped up 1.5%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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