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<H Shrs>HSI Opens Up 209 Pts; BABA-W, KUAISHOU-W Rally 2%; Chips, Consumers Brisk
The HSI opened 209 points or 0.8% higher at 26,177. The HSCEI climbed 79 points or 0.9% to 9,380. The HSTECH rose 80 points or 1.4% to 6,032.In the tech sector, BABA-W (09988.HK) a...
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<H Shrs>HSI Opens Up 209 Pts; BABA-W, KUAISHOU-W Rally 2%; Chips, Consumers Brisk
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The HSI opened 209 points or 0.8% higher at 26,177. The HSCEI climbed 79 points or 0.9% to 9,380. The HSTECH rose 80 points or 1.4% to 6,032.

In the tech sector, BABA-W (09988.HK)  +3.700 (+2.248%)    Short selling $2.04B; Ratio 14.424%   and KUAISHOU-W (01024.HK)  +1.500 (+2.042%)    Short selling $282.69M; Ratio 20.092%   opened 2.1% and 2.2% higher. TENCENT (00700.HK)  +4.500 (+0.711%)    Short selling $1.55B; Ratio 20.289%   , XIAOMI-W (01810.HK)  -0.820 (-1.754%)    Short selling $2.16B; Ratio 27.233%   , JD-SW (09618.HK)  +0.100 (+0.078%)    Short selling $171.34M; Ratio 15.789%   , and BIDU-SW (09888.HK)  +1.300 (+1.116%)    Short selling $324.99M; Ratio 33.419%   added 0.8-0.9%. MEITUAN-W (03690.HK)  +0.600 (+0.600%)    Short selling $1.46B; Ratio 27.115%   , NTES-S (09999.HK)  +2.400 (+1.052%)    Short selling $226.85M; Ratio 21.665%   , and BILIBILI-W (09626.HK)  +7.000 (+3.173%)    Short selling $230.43M; Ratio 23.407%   gained 1.1-1.5%.

As the communique from China's fourth plenum proposed accelerating self-reliance in high-level technology, chip stocks SMIC (00981.HK)  +5.950 (+8.035%)    Short selling $1.34B; Ratio 11.039%   and HUA HONG SEMI (01347.HK)  +9.950 (+13.734%)    Short selling $363.92M; Ratio 5.346%   soared 2.2% and 2.8% at open. Chip equipment stock ASMPT (00522.HK)  +6.750 (+8.108%)    Short selling $34.53M; Ratio 12.133%   also leaped 2.2%. PC manufacturer LENOVO GROUP (00992.HK)  +0.260 (+2.309%)    Short selling $155.50M; Ratio 27.781%   swelled 2%.

The communique's emphasis on boosting domestic demand and consumption also pushed up consumer and domestic demand stocks. HAIER SMARTHOME (06690.HK)  +0.340 (+1.364%)    Short selling $66.85M; Ratio 27.572%   , TRIP.COM-S (09961.HK)  +17.000 (+3.108%)    Short selling $189.21M; Ratio 21.033%   , WH GROUP (00288.HK)  +0.100 (+1.370%)    Short selling $22.01M; Ratio 17.223%   , and NONGFU SPRING (09633.HK)  -0.500 (-0.918%)    Short selling $58.50M; Ratio 27.468%   opened rallying 1.4-1.9%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-24 16:25.)

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