The HSI closed up 319 points or 1.2% at 26,095. The HSCEI added 92 points or 1.1% to close at 8,774. The HSTECH elevated 105 points or 2.2% to close at 4,976. Due to China's May Day holiday, Southbound Trading of Stock Connects was suspended, with total market turnover for the day reaching $176.979 billion.Major blue chips ascended. HSBC HOLDINGS (00005.HK) -1.100 (-0.783%) Short selling $174.82M; Ratio 13.633% jumped up 2.3%, while AIA (01299.HK) -0.100 (-0.114%) Short selling $377.20M; Ratio 21.736% and HKEX (00388.HK) -7.200 (-1.700%) Short selling $305.84M; Ratio 16.470% lifted 1.1% and 0.6%.Related NewsInflation Rate YoY for Apr in China is 1.2%, higher than the previous value of 1.0%. The forecast was 0.8%.TENCENT (00700.HK) +1.500 (+0.330%) Short selling $1.56B; Ratio 12.851% climbed 1.1%, as data indicated that weekly usage of large AI models in China surpassed that of the US again, with Tencent Hy3 preview (free) ranking first in large model usage. BABA-W (09988.HK) -5.600 (-4.061%) Short selling $1.91B; Ratio 15.870% leaped 4.5%, while MEITUAN-W (03690.HK) -3.000 (-3.501%) Short selling $888.09M; Ratio 25.992% ballooned 1.4%. BYD COMPANY (01211.HK) -1.700 (-1.732%) Short selling $536.44M; Ratio 25.283% picked up 0.5% as the company’s April NEV sales rose 7% MoM. XIAOMI-W (01810.HK) -1.020 (-3.216%) Short selling $1.50B; Ratio 31.868% swelled 6.8% to close at $30.98 as BofA Securities projected that its 1Q26 smartphone gross margin may exceed expectations, making it the largest gainer among blue chips.In addition, SMIC (00981.HK) -0.350 (-0.490%) Short selling $433.71M; Ratio 3.747% ascended 1.8%, while HUA HONG SEMI (01347.HK) -11.100 (-8.740%) Short selling $1.03B; Ratio 14.617% mushroomed 6%. ILUVATAR COREX (09903.HK) -7.600 (-1.521%) Short selling $47.87M; Ratio 11.107% snowballed 20%. AI stocks MINIMAX-W (00100.HK) -56.000 (-6.588%) Short selling $110.22M; Ratio 9.418% and MANYCORE TECH (00068.HK) -1.680 (-7.821%) rocketed 13% and 19%, while KNOWLEDGE ATLAS (02513.HK) -50.000 (-4.587%) Short selling $60.69M; Ratio 5.451% surged 10%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.)Related NewsVehicle Sales YoY for Apr in China is -2.5%, lower than the previous value of -0.6%.
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