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<H Shrs>HSI Escalates 150 Pts at Midday as CN Developers Prosper; ZHONGSHENG HLDG Hypes Up 8%+
The HSI ticked up 150 points or 0.6% to close at 25,688 at midday. The HSCEI added 38 points or 0.4% to 9,279. The HSTECH lifted 34 points or 0.6% to 5,780. Hong Kong stocks' h...
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<H Shrs>HSI Escalates 150 Pts at Midday as CN Developers Prosper; ZHONGSHENG HLDG Hypes Up 8%+
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The HSI ticked up 150 points or 0.6% to close at 25,688 at midday. The HSCEI added 38 points or 0.4% to 9,279. The HSTECH lifted 34 points or 0.6% to 5,780. Hong Kong stocks' half-day turnover amounted to $164.385 billion.

Chinese developer COUNTRY GARDEN (02007.HK)  -0.005 (-1.064%)    Short selling $5.93M; Ratio 16.188%   swelled 7.5%, while SHIMAO GROUP (00813.HK)  0.000 (0.000%)    Short selling $391.00K; Ratio 7.749%   leaped 4.8%. LOGAN GROUP (03380.HK)  -0.020 (-2.128%)    Short selling $291.62K; Ratio 0.678%   mounted 3.1%, while CHINA VANKE (02202.HK)  -0.090 (-1.804%)    Short selling $63.29M; Ratio 38.829%   and SUNAC (01918.HK)  -0.020 (-1.282%)    Short selling $6.84M; Ratio 3.772%   jumped up nearly 3%. LONGFOR GROUP (00960.HK)  -0.180 (-1.839%)    Short selling $72.47M; Ratio 36.346%   climbed 1.7%. WESTCHINACEMENT (02233.HK)  +0.040 (+1.990%)    Short selling $19.37M; Ratio 23.262%   soared 16.5% as it forecasted an 80-100% surge in 1H25 profit. Other cement stock HUAXIN CEMENT (06655.HK)  +0.020 (+0.155%)    Short selling $2.57M; Ratio 1.518%   ascended 3.5%.

Related NewsInitial Jobless Claims for Jul/26 in United States is 218K, higher than the previous value of 217K. The forecast was 224K.
ZHONGSHENG HLDG (00881.HK)  -0.180 (-1.360%)    Short selling $145.05M; Ratio 49.293%   shot up 8.6%, being the best-performing blue chip, while MEIDONG AUTO (01268.HK)  -0.060 (-2.885%)    Short selling $588.18K; Ratio 32.220%   mushroomed 8.4%. Citi Research said that the Chinese government announced on 17 July that it would lower the tax threshold for the 10% consumption tax on luxury cars from RMB1.3 million to RMB900,000.

Porsche China has agreed to provide a 10% consumption tax subsidy for the affected models, which the broker believed demonstrates Porsche China's determination and is good for dealers' profit margins on new vehicles, according to the broker's dealer survey.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

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