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<H Shrs>HSI Soars 218 Pts at Open; Techs, Autos Thrive; WUXI XDC Rises 9%
The HSI opened 218 points or 0.9% higher at 25,348. The HSCEI grew 80 points or 0.9% to 9,156. The HSTECH climbed 69 points or 1.2% to 5,675.In the tech sector, BABA-W (09988.HK) o...
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<H Shrs>HSI Soars 218 Pts at Open; Techs, Autos Thrive; WUXI XDC Rises 9%
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The HSI opened 218 points or 0.9% higher at 25,348. The HSCEI grew 80 points or 0.9% to 9,156. The HSTECH climbed 69 points or 1.2% to 5,675.

In the tech sector, BABA-W (09988.HK)  -1.700 (-1.413%)    Short selling $869.49M; Ratio 9.268%   opened up 0.8% after launching its most capable code model, Qwen3-Coder. TENCENT (00700.HK)  -6.500 (-1.167%)    Short selling $1.48B; Ratio 11.044%   edged 0.8% higher. BIDU-SW (09888.HK)  -1.250 (-1.387%)    Short selling $504.51M; Ratio 38.702%   advanced 3.2%, making it the best-performing stock among blue chips. NTES-S (09999.HK)  -2.000 (-0.932%)    Short selling $208.73M; Ratio 13.389%   , KUAISHOU-W (01024.HK)  -2.800 (-3.675%)    Short selling $678.43M; Ratio 13.245%   , and TRIP.COM-S (09961.HK)  +0.500 (+0.099%)    Short selling $85.56M; Ratio 12.926%   added 1.2-2.3%.

The Zhengzhou Market Supervision Bureau held administrative talks with Ele.me, MEITUAN-W (03690.HK)  -2.400 (-1.786%)    Short selling $1.15B; Ratio 15.125%   , and JD-SW (09618.HK)  -2.000 (-1.500%)    Short selling $470.92M; Ratio 22.711%   . MEITUAN-W and JD-SW opened rallying 1.6% and 1.8% respectively this morning.

BYD COMPANY (01211.HK)  -3.600 (-2.725%)    Short selling $1.37B; Ratio 36.880%   gained 0.4% at open despite reports saying that it had delayed mass production at its new Hungarian plant and reduced production capacity. As for other car makers, XIAOMI-W (01810.HK)  -1.100 (-1.882%)    Short selling $546.00M; Ratio 11.257%   inclined 0.7%. NIO-SW (09866.HK)  +0.150 (+0.394%)    Short selling $158.79M; Ratio 37.398%   soared nearly 9% as its Onvo L90 is set to launch dynamic test drives in over 400 stores. XPENG-W (09868.HK)  -0.300 (-0.395%)    Short selling $294.29M; Ratio 14.803%   swelled 2.3%. GEELY AUTO (00175.HK)  +0.440 (+2.299%)    Short selling $155.77M; Ratio 14.623%   grew nearly 1%.

In addition, WUXI XDC (02268.HK)  -1.400 (-2.452%)    Short selling $34.34M; Ratio 6.048%   leaped 9.1% at open on expectations of a YoY growth of over 50% in its 1H25 net profit. Under the same series, WUXI BIO (02269.HK)  +1.650 (+5.528%)    Short selling $152.14M; Ratio 7.432%   and WUXI APPTEC (02359.HK)  +1.800 (+1.865%)    Short selling $141.52M; Ratio 13.367%   surged 2.5% and 2.9%, respectively.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-24 16:25.)

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