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<H Shrs>HSI Opens 74 Pts Higher, but KUAISHOU-W Craters 3%+; Financials Stabilize
The HSI opened 74 points or 0.29% higher at 25,875. The HSCEI opened 26 points or 0.29% higher at 8,966. The HSTECH opened 7 points or 0.14% higher at 5,534.Techs showed mixed perf...
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<H Shrs>HSI Opens 74 Pts Higher, but KUAISHOU-W Craters 3%+; Financials Stabilize
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The HSI opened 74 points or 0.29% higher at 25,875. The HSCEI opened 26 points or 0.29% higher at 8,966. The HSTECH opened 7 points or 0.14% higher at 5,534.

Techs showed mixed performance. BABA-W (09988.HK)  -1.200 (-0.815%)    Short selling $924.81M; Ratio 21.838%   ticked up 0.2%, while MEITUAN-W (03690.HK)  0.000 (0.000%)    Short selling $189.94M; Ratio 15.246%   and BIDU-SW (09888.HK)  -0.300 (-0.250%)    Short selling $73.84M; Ratio 18.602%   added 0.9% and 0.6%. TENCENT (00700.HK)  +1.000 (+0.166%)    Short selling $221.61M; Ratio 5.028%   dropped 0.2%, while KUAISHOU-W (01024.HK)  +0.250 (+0.389%)    Short selling $32.11M; Ratio 4.710%   waned 3.3%, being the worst-performing blue chip, after the Company was attacked by the black market. It is currently repairing and addressing the issue, while having reported the matter to the police.

Related NewsUBS Reaffirms CX as Top Pick in APAC Airline Sector, Expects 2025 Profit Guidance to Beat
XIAOMI-W (01810.HK)  +0.020 (+0.051%)    Short selling $275.25M; Ratio 16.733%   lost 0.3%. The Company will launch the Xiaomi 17 Ultra on Christmas Day, with Group President Lu Weibing vowing that the price will definitely increase.

Financials stabilized. HSBC HOLDINGS (00005.HK)  +1.500 (+1.226%)    Short selling $200.15M; Ratio 13.092%   climbed 0.5% to $121.9, while AIA (01299.HK)  +0.600 (+0.726%)    Short selling $199.02M; Ratio 30.748%   lifted 0.2%. HKEX (00388.HK)  +2.400 (+0.589%)    Short selling $88.03M; Ratio 9.208%   ascended 0.9%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-12-24 12:25.)

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