The HSI opened 115 points or 0.4% higher at 26,554 this morning (17th) and once reached an over four-year high of 26,852 with a spike of 413 points in early trading. It last printed at 26,843, up 405 points or about 1.5%, with a turnover of around HKD169.4 billion.

Hong Kong's Chief Executive John Lee is set to deliver the latest Policy Address today. With an interest rate cut looming, major Hong Kong developers showed narrow divergence. SINO LAND (00083.HK)  +0.110 (+1.090%)    Short selling $49.35M; Ratio 20.066%   , NEW WORLD DEV (00017.HK)  +0.350 (+4.403%)    Short selling $25.62M; Ratio 9.478%   , and SHK PPT (00016.HK)  -0.500 (-0.529%)    Short selling $123.71M; Ratio 17.341%   inched up 0.2-0.7%. CK ASSET (01113.HK)  -0.460 (-1.242%)    Short selling $50.56M; Ratio 12.220%   dipped 0.6%. HENDERSON LAND (00012.HK)  +0.420 (+1.512%)    Short selling $199.74M; Ratio 40.694%   dropped 1.4%.

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Heavyweight tech stocks shored up the market. JD-SW (09618.HK)  +4.500 (+3.351%)    Short selling $457.47M; Ratio 14.437%   , MEITUAN-W (03690.HK)  +0.800 (+0.758%)    Short selling $1.09B; Ratio 15.904%   , and BABA-W (09988.HK)  +0.700 (+0.442%)    Short selling $3.60B; Ratio 16.232%   rose 4.4-5.7%. TENCENT (00700.HK)  +0.500 (+0.078%)    Short selling $1.19B; Ratio 8.925%   grew 1.6% to HKD655, with a turnover of HKD4.67 billion. BIDU-SW (09888.HK)  -1.300 (-0.979%)    Short selling $2.53B; Ratio 47.951%   surged 13.78% to a nearly two-year high of HKD128.8, with a turnover of HKD2.835 billion.

SMIC (00981.HK)  +0.250 (+0.360%)    Short selling $725.81M; Ratio 6.797%   reached a historical high of HKD67.55. It last traded at HKD66.15, up 4.67%, with a turnover of HKD6.687 billion.

CHERY AUTO (09973.HK) started its IPO today, boosting auto stocks. BYD COMPANY (01211.HK)  +0.700 (+0.621%)    Short selling $688.90M; Ratio 18.942%   , GEELY AUTO (00175.HK)  +0.190 (+1.010%)    Short selling $158.57M; Ratio 14.820%   , and LI AUTO-W (02015.HK)  -1.100 (-1.081%)    Short selling $209.85M; Ratio 12.951%   added 2.2-3.5%. NIO-SW (09866.HK)  +2.500 (+4.452%)    Short selling $391.66M; Ratio 30.620%   surged 9.7% to HKD56, with a turnover of HKD320 million.

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HESAI-W (02525.HK)  -2.800 (-1.212%)   retreated 1.7% this morning to HKD230, with a turnover of HKD252 million. TRANSTHERA-B (02617.HK)  -33.300 (-18.177%)   last traded at HKD228.6, rebounding 19.06%, with a turnover of HKD2.128 billion.

160 HEALTH (02656.HK)  -0.580 (-2.003%)   , which was listed today, opened at HKD29.98, 152.1% higher than its listing price of HKD11.89. It was last at HKD29.36, nearly 1.47 times higher than its listing price, with a turnover of HKD157 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-19 16:25.)