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<H Shrs>HSI Opens 231 Pts Higher as BABA-W/ POP MART Leap 4%
Hong Kong stocks opened higher in the morning session. The HSI opened 231 points or 0.9% higher at 26,861. The HSCEI opened 87 points or 1% higher at 9,201. The HSTECH opened 55 po...
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<H Shrs>HSI Opens 231 Pts Higher as BABA-W/ POP MART Leap 4%
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Hong Kong stocks opened higher in the morning session. The HSI opened 231 points or 0.9% higher at 26,861. The HSCEI opened 87 points or 1% higher at 9,201. The HSTECH opened 55 points or 1% higher at 5,817.

Market rumors suggest BABA-W (09988.HK)  +3.700 (+2.245%)    Short selling $1.26B; Ratio 8.839%   decided to support its chip subsidiary's separate listing, boosting its share price by 3.9% to $171.2. Enflame, one of the 'Four Dragons of Domestic GPU', had its STAR market IPO application accepted. Hong Kong-listed chip stocks SMIC (00981.HK)  +0.250 (+0.321%)    Short selling $77.35M; Ratio 2.834%   and HUA HONG SEMI (01347.HK)  +0.600 (+0.549%)    Short selling $244.95M; Ratio 16.094%   added 0.8% and 0.1%.

Related NewsGDP Growth Rate QoQ for Q4 in China is 1.2%, higher than the previous value of 1.1%. The forecast was 1%.
For other techs, TENCENT (00700.HK)  -2.500 (-0.418%)    Short selling $554.88M; Ratio 5.307%   opened flat at $597.5, while MEITUAN-W (03690.HK)  +0.550 (+0.567%)    Short selling $328.59M; Ratio 10.307%   and NTES-S (09999.HK)  -2.000 (-0.957%)    Short selling $258.01M; Ratio 34.195%   inched up 0.3% and 0.8%. KUAISHOU-W (01024.HK)  +2.150 (+2.718%)    Short selling $640.10M; Ratio 22.460%   climbed 1.3%, while JD-SW (09618.HK)  +0.900 (+0.790%)    Short selling $128.51M; Ratio 15.276%   jumped up 2.6%. BIDU-SW (09888.HK)  +0.500 (+0.313%)    Short selling $692.36M; Ratio 34.603%   ebbed 0.8%.

For financials, HSBC HOLDINGS (00005.HK)  +0.300 (+0.231%)    Short selling $223.99M; Ratio 15.038%   lifted 0.5% to $130.4, while HKEX (00388.HK)  -4.400 (-1.032%)    Short selling $665.14M; Ratio 26.374%   picked up 0.8%. AIA (01299.HK)  +0.550 (+0.667%)    Short selling $307.74M; Ratio 20.145%   hiked 0.1%. For other stocks, there are reports that POP MART (09992.HK)  +13.600 (+6.602%)    Short selling $1.30B; Ratio 18.835%   launched its Valentine's Day limited edition Twinkle Twinkle series products, with a premium of nearly 7x for hidden variants. Hence, POP MART leaped 4.3%. MICROPORT (00853.HK)  +0.420 (+3.371%)    Short selling $98.21M; Ratio 9.616%   swelled 6.3% as it forecasted to swing to a profit of at least US$20 million last year.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-01-23 16:25.)

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