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<H Shrs>HSI Opens 38 Pts Lower; Autos Weaken; YUM CHINA Ebbs 6% Post-results
The HSI opened 38 points or 0.2% lower at 24,864. The HSCEI dipped 19 points or 0.2% to 8,932. The HSTECH dropped 17 points or 0.3% to 5,503.In the tech sector, Alibaba's new t...
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<H Shrs>HSI Opens 38 Pts Lower; Autos Weaken; YUM CHINA Ebbs 6% Post-results
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The HSI opened 38 points or 0.2% lower at 24,864. The HSCEI dipped 19 points or 0.2% to 8,932. The HSTECH dropped 17 points or 0.3% to 5,503.

In the tech sector, Alibaba's new text-to-image model Qwen-Image topped the global AI open-source community, still BABA-W (09988.HK)  -2.900 (-2.433%)    Short selling $1.09B; Ratio 15.398%   opened down 0.3% at HKD115.6. TENCENT (00700.HK)  -6.000 (-1.058%)    Short selling $1.48B; Ratio 19.816%   inched 0.2% higher at HKD560. MEITUAN-W (03690.HK)  -1.200 (-0.984%)    Short selling $844.27M; Ratio 31.835%   edged down 0.1%. JD-SW (09618.HK)  -1.800 (-1.443%)    Short selling $88.62M; Ratio 8.520%   and KUAISHOU-W (01024.HK)  -0.850 (-1.062%)    Short selling $256.84M; Ratio 12.996%   added 0.2% and 0.3. SMIC (00981.HK)  -4.340 (-8.189%)    Short selling $880.53M; Ratio 8.106%   grew 0.5%. NEW ORIENTAL-S (09901.HK)  -0.340 (-0.944%)    Short selling $44.19M; Ratio 29.661%   swelled 1.6%. NTES-S (09999.HK)  -2.200 (-1.064%)    Short selling $110.46M; Ratio 14.751%   and BILIBILI-W (09626.HK)  -5.000 (-2.725%)    Short selling $223.32M; Ratio 31.118%   lost 0.6% and 0.8%. BIDU-SW (09888.HK)  -1.050 (-1.211%)    Short selling $169.14M; Ratio 42.259%   eroded 1.2%.

Among car makers, GEELY AUTO (00175.HK)  0.000 (0.000%)    Short selling $111.83M; Ratio 20.823%   and XIAOMI-W (01810.HK)  -0.600 (-1.157%)    Short selling $1.03B; Ratio 14.617%   faded 0.1% and 0.3% at open. BYD COMPANY (01211.HK)  -1.600 (-1.418%)    Short selling $294.62M; Ratio 10.264%   and NIO-SW (09866.HK)  +1.080 (+2.975%)    Short selling $36.95M; Ratio 24.746%   receded 1% and 1.5%. LI AUTO-W (02015.HK)  +0.050 (+0.052%)    Short selling $389.70M; Ratio 24.265%   slipped 1.9%. Its i8 model received over 30,000 pre-orders. XPENG-W (09868.HK)  +2.400 (+3.119%)    Short selling $267.94M; Ratio 16.539%   ticked up 1%.

As for financial stocks, HSBC HOLDINGS (00005.HK)  -0.650 (-0.658%)    Short selling $352.22M; Ratio 27.917%   and HKEX (00388.HK)  -4.200 (-0.973%)    Short selling $199.53M; Ratio 18.838%   opened inclining 0.2%, while AIA (01299.HK)  -0.900 (-1.208%)    Short selling $270.65M; Ratio 22.127%   opened flat at HKD73.5.

TECHTRONIC IND (00669.HK)  -0.650 (-0.685%)    Short selling $79.80M; Ratio 34.240%   reported a 14.2% increase in its interim net profit and declared a dividend of HKD1.25 per share. Its stock price started the day up 0.1% at HKD94.55. In contrast, YUM CHINA (09987.HK)  -0.200 (-0.056%)    Short selling $51.20M; Ratio 19.237%   sank 6.1% to HKD348 even though its interim net profit leaped 1.6% and a dividend of US24 cents per share was declared.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-08 16:25.)

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