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<H Shrs>HSI Ends Down 183Pts; BABA-W, XIAOMI-W Ebb; Chips Rise
The HSI settled down 183 points or 0.7% at 26,957; the HSCEI dipped 84 points or 0.9% to close at 9,573; the HSTECH sagged 72 points or 1.1% to close at 6,550. The total market tur...
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<H Shrs>HSI Ends Down 183Pts; BABA-W, XIAOMI-W Ebb; Chips Rise
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The HSI settled down 183 points or 0.7% at 26,957; the HSCEI dipped 84 points or 0.9% to close at 9,573; the HSTECH sagged 72 points or 1.1% to close at 6,550. The total market turnover for the day whopped HKD121.257 billion.

Chipmaker HUA HONG SEMI (01347.HK)  +14.250 (+15.184%)    Short selling $1.08B; Ratio 12.724%   had its TP added by Goldman Sachs to HKD117. Its stock price rallied 4.6%. SMIC (00981.HK)  +5.850 (+10.009%)    Short selling $1.50B; Ratio 12.049%   reversed up by 0.2%, while chip equipment stock ASMPT (00522.HK)  +10.700 (+6.926%)    Short selling $57.01M; Ratio 6.235%   spiked 6.4%. TENCENT (00700.HK)  -1.800 (-0.363%)    Short selling $1.48B; Ratio 16.230%   topped the global "blind test" for its HunYuan Image 3.0, with its stock price gaining 0.6% to HKD677.5. XIAOMI-W (01810.HK)  +0.020 (+0.064%)    Short selling $773.07M; Ratio 32.185%   reported that sales of its Xiaomi 17 series mounted by more than 20% compared to the same period of previous generations, but its stock price retreated 2.1% to HKD53.85.

Related News DBS Raises ASMPT (00522.HK) TP to HKD185, Maintains Buy; 1Q26 Results Beat
For other techs, BABA-W (09988.HK)  +1.400 (+1.074%)    Short selling $1.39B; Ratio 16.756%   , JD-SW (09618.HK)  -0.200 (-0.168%)    Short selling $239.19M; Ratio 35.573%   , NTES-S (09999.HK)  -1.500 (-0.870%)    Short selling $165.35M; Ratio 16.491%   , and BILIBILI-W (09626.HK)  -3.200 (-1.802%)    Short selling $108.01M; Ratio 24.737%   lost between 1.6% and 2.5%. MEITUAN-W (03690.HK)  -0.650 (-0.782%)    Short selling $990.17M; Ratio 33.280%   and KUAISHOU-W (01024.HK)  -0.440 (-0.997%)    Short selling $556.88M; Ratio 34.049%   lost 0.5% and 1.1%. BIDU-SW (09888.HK)  +0.900 (+0.747%)    Short selling $477.94M; Ratio 42.915%   added 0.7%. EAST BUY (01797.HK)  -0.300 (-1.080%)    Short selling $22.14M; Ratio 7.400%   leaped 4.4%.

The China Passenger Car Association (CPCA) charted that the overseas sales of domestic automakers hiked 11% YoY in August but eroded 3% MoM. BYD COMPANY-100 (01211.HK)  -2.300 (-2.222%)    Short selling $1.11B; Ratio 37.051%   dropped 1.2%, while XPENG-W (09868.HK)  +2.100 (+3.382%)    Short selling $373.05M; Ratio 33.230%   and GEELY AUTO (00175.HK)  -0.640 (-2.705%)    Short selling $274.01M; Ratio 11.260%   receded 1.8%. LI AUTO-W (02015.HK)  -3.250 (-4.443%)    Short selling $584.13M; Ratio 49.064%   slid 3.3%, while CHERY AUTO (09973.HK)  -0.660 (-2.070%)    Short selling $28.99M; Ratio 10.735%   shot up 2.9%. Battery stock CATL (03750.HK)  -7.500 (-1.068%)    Short selling $345.32M; Ratio 14.469%   ebbed back 2.3%, while automotive radar manufacturer HESAI-W (02525.HK)  -0.200 (-0.118%)    Short selling $76.74M; Ratio 32.869%   surged 3.2%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)


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