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<H Shrs>HSI Opens 145 Pts Higher as MEITUAN Prospers; MINIMAX Surges ~10%
Hong Kong stocks opened higher in the morning session, driven by techs. The HSI opened 145 points or 0.6% higher at 26,376. The HSCEI opened 67 points or 0.7% higher at 9,116. The ...
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<H Shrs>HSI Opens 145 Pts Higher as MEITUAN Prospers; MINIMAX Surges ~10%
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Hong Kong stocks opened higher in the morning session, driven by techs. The HSI opened 145 points or 0.6% higher at 26,376. The HSCEI opened 67 points or 0.7% higher at 9,116. The HSTECH opened 50 points or 0.9% higher at 5,737.

The Office of the State Council Anti-Monopoly and Anti-Unfair Competition Committee announced an investigation and assessment into the competitive situation in the food delivery platform service industry. MEITUAN-W (03690.HK)  -0.100 (-0.095%)    Short selling $607.25M; Ratio 11.120%   jumped up 2.8% to $101.3, while JD-SW (09618.HK)  +0.500 (+0.428%)    Short selling $489.94M; Ratio 31.979%   added 0.9%. BABA-W (09988.HK)  +5.600 (+3.629%)    Short selling $2.97B; Ratio 12.095%   ticked up 0.3% to $146.9.

Related NewsInflation Rate YoY for Dec in China is 0.8%, higher than the previous value of 0.7%. The forecast was 0.9%.
Amid rumors that DeepSeek will release its next-generation flagship AI model in the coming weeks, chip stocks SMIC (00981.HK)  -0.800 (-1.062%)    Short selling $173.82M; Ratio 3.349%   and HUA HONG SEMI (01347.HK)  -1.850 (-2.021%)    Short selling $206.46M; Ratio 9.453%   climbed 0.1% and 1.4%, while BIDU-SW (09888.HK)  -2.300 (-1.589%)    Short selling $496.57M; Ratio 23.206%   ballooned 2.3%. For AI concept stocks, SENSETIME-W (00020.HK)  -0.130 (-4.924%)    Short selling $580.82M; Ratio 16.276%   and BILIBILI-W (09626.HK)  +7.400 (+3.109%)    Short selling $400.93M; Ratio 21.890%   leaped 1.2% and 2.1%, while MINIMAX-WP (00100.HK)  -33.000 (-8.291%)   rallied 9.8% to $378.8.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-01-13 16:25.)

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