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<H Shrs>HSI Plunges 376 Pts at Close; TENCENT, BABA-W Top Losers; AI Concepts Ebb
Mainland China's official manufacturing PMI trailed behind expectations, while the official services PMI aligned with expectations. A number of companies announced quarterly re...
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<H Shrs>HSI Plunges 376 Pts at Close; TENCENT, BABA-W Top Losers; AI Concepts Ebb
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Mainland China's official manufacturing PMI trailed behind expectations, while the official services PMI aligned with expectations. A number of companies announced quarterly results impacting their stock prices. Hong Kong bourse was softened by a pullback in techs.

The HSI settled at a low of 25,906, down 376 points or 1.4%; the HSCEI lost 178 points or 1.9%, closing at 9,168; and the HSTECH shed 143 points or 2.4%, closing at 5,908. The total market turnover for the day was HKD257.612 billion.

BYD COMPANY (01211.HK)  0.000 (0.000%)    Short selling $1.36B; Ratio 24.906%   logged a 33% decline in net profit for 3Q, with its stock price diving 3.5%. BYD ELECTRONIC (00285.HK)  0.000 (0.000%)    Short selling $164.58M; Ratio 17.117%   saw a 2.4% rise in net profit for 1-3Q, yet its stock price slid 2.4%.

Among other techs, BABA-W (09988.HK)  0.000 (0.000%)    Short selling $1.81B; Ratio 11.084%   and TENCENT (00700.HK)  0.000 (0.000%)    Short selling $976.81M; Ratio 7.463%   tumbled 4.1% and 3.4%, respectively. KUAISHOU-W (01024.HK)  0.000 (0.000%)    Short selling $421.15M; Ratio 21.224%   plunged 3.1%. XIAOMI-W (01810.HK)  0.000 (0.000%)    Short selling $737.41M; Ratio 12.113%   , JD-SW (09618.HK)  0.000 (0.000%)    Short selling $175.72M; Ratio 19.574%   , and BIDU-SW (09888.HK)  0.000 (0.000%)    Short selling $351.65M; Ratio 33.595%   stumbled over 2%. NTES-S (09999.HK)  0.000 (0.000%)    Short selling $301.26M; Ratio 23.286%   and BILIBILI-W (09626.HK)  0.000 (0.000%)    Short selling $105.93M; Ratio 9.973%   dipped 1.4% and 1.5%, and MEITUAN-W (03690.HK)  0.000 (0.000%)    Short selling $672.50M; Ratio 16.709%   sank 0.4%.

AI concept stocks receded, with GDS-SW (09698.HK)  0.000 (0.000%)    Short selling $38.09M; Ratio 18.521%   down 5.6%; SMIC (00981.HK)  0.000 (0.000%)    Short selling $388.16M; Ratio 4.731%   and HUA HONG SEMI (01347.HK)  0.000 (0.000%)    Short selling $303.45M; Ratio 7.033%   down 5.3% and 7.4%; and FIT HON TENG (06088.HK)  0.000 (0.000%)    Short selling $36.87M; Ratio 7.921%   down 5.4%.

In telecom infrastructure stocks, ZTE (00763.HK)  0.000 (0.000%)    Short selling $169.63M; Ratio 10.105%   and YOFC (06869.HK)  0.000 (0.000%)    Short selling $13.79M; Ratio 1.479%   plummeted over 6%, while DONGFANG ELEC (01072.HK)  0.000 (0.000%)    Short selling $55.97M; Ratio 19.333%   in the power equipment sector cascaded 5.5%.

PSBC (01658.HK)  0.000 (0.000%)    Short selling $76.14M; Ratio 29.007%   reported a nearly 1% YoY hike in net profit for 1-3Q, yet its stock price fell off 4.4%. CCB (00939.HK)  0.000 (0.000%)    Short selling $669.99M; Ratio 21.273%   posted a YoY rise of over 4% in 3Q net profit. ABC (01288.HK)  0.000 (0.000%)    Short selling $313.88M; Ratio 25.742%   charted a 3.7% YoY increase in net profit for 3Q, but their stock prices lost 2% and 1.7%, respectively. ICBC (01398.HK)  0.000 (0.000%)    Short selling $284.30M; Ratio 15.455%   delivered a 3.3% elevation in 3Q net profit, with its stock price down 0.5%.

CHINA LIFE (02628.HK)  0.000 (0.000%)    Short selling $405.64M; Ratio 18.487%   charted a more than 91% surge in 3Q net profit, yet its stock price faded 0.8%. PICC P&C (02328.HK)  0.000 (0.000%)    Short selling $64.43M; Ratio 12.341%   saw a more than 50% growth in net profit for 1-3Q, with its stock price down 3.2%. CPIC (02601.HK)  0.000 (0.000%)    Short selling $273.38M; Ratio 32.845%   reported a 35% increase in 3Q net profit, while PICC GROUP (01339.HK)  0.000 (0.000%)    Short selling $37.36M; Ratio 10.803%   logged a 49% YoY higher net profit for 3Q, with stock prices each sagging over 5%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-31 16:25.)

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