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<H Shrs>HSI Opens 87 Pts Lower; CHINA MOBILE Steady; BYD COMPANY Rallies Against Trend
The HSI opened 87 points or 0.4% lower at 24,768. The HSCEI dropped 12 points or 0.1% to 8,377. The HSTECH fell 20 points or 0.4% to 4,740.Several blue-chip stocks have announced t...
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<H Shrs>HSI Opens 87 Pts Lower; CHINA MOBILE Steady; BYD COMPANY Rallies Against Trend
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The HSI opened 87 points or 0.4% lower at 24,768. The HSCEI dropped 12 points or 0.1% to 8,377. The HSTECH fell 20 points or 0.4% to 4,740.

Several blue-chip stocks have announced their results. MEITUAN-W (03690.HK)  -1.850 (-2.154%)    Short selling $509.43M; Ratio 20.693%   opened down 0.6% at HKD86.15. It reported an adjusted EBITDA loss of RMB14.025 billion for 4Q25. SMIC (00981.HK)  -1.450 (-2.762%)    Short selling $238.32M; Ratio 9.743%   lost 2% despite a 9% increase in its annual net profit. CHINA MOBILE (00941.HK)  +0.250 (+0.320%)    Short selling $291.51M; Ratio 30.532%   remained flat at HKD77.5. It logged a 0.9% drop in annual net profit but increased its final dividend. This year's capital expenditure is expected to reach RMB136.6 billion. HAIER SMARTHOME (06690.HK)  -0.980 (-4.479%)    Short selling $130.95M; Ratio 42.870%   receded 3.5%. With a 4.4% growth in its annual net profit, it plans to spend RMB3-6 billion to repurchase A-shares.

Related NewsG Sachs Cuts CN 2Q Real GDP Growth Forecast to 4% to Reflect Rising Oil Prices, Slightly Raises Full-Yr Inflation Forecast
PING AN (02318.HK)  -0.900 (-1.518%)    Short selling $408.66M; Ratio 28.309%   opened declining 1.1%, even though it saw its annual net profit grow 7% YoY. CNOOC (00883.HK)  -0.440 (-1.514%)    Short selling $317.22M; Ratio 11.567%   edged down 0.8%, as its annual net profit sank 12%. SINO BIOPHARM (01177.HK)  -0.180 (-3.056%)    Short selling $110.77M; Ratio 36.876%   stayed unchanged at HKD5.82. Its annual underlying profit surged 31%.

Among tech stocks, TENCENT (00700.HK)  -12.200 (-2.473%)    Short selling $1.54B; Ratio 19.666%   and KUAISHOU-W (01024.HK)  -1.340 (-2.908%)    Short selling $215.92M; Ratio 18.594%   slid 0.9% and 1.3% at open. BIDU-SW (09888.HK)  -3.500 (-3.229%)    Short selling $91.39M; Ratio 22.951%   shed 1.5%. JD-SW (09618.HK)  -0.500 (-0.440%)    Short selling $149.74M; Ratio 30.363%   inched 0.4% higher. BABA-W (09988.HK)  -2.100 (-1.713%)    Short selling $885.64M; Ratio 18.455%   was intact at HKD123.

Carmaker BYD COMPANY (01211.HK)  -1.500 (-1.408%)    Short selling $1.44B; Ratio 40.883%   opened 2.7% higher at HKD105.5. XIAOMI-W (01810.HK)  -0.760 (-2.303%)    Short selling $732.30M; Ratio 30.731%   edged down 0.4%. LEAPMOTOR (09863.HK)  -0.700 (-1.431%)    Short selling $139.29M; Ratio 41.715%   remained steady at HKD46.44.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-03-30 12:25.)

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