News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<H Shrs>HSI Upswing Slows to 90 pts at Midday; BABA-W Up 5% Post-Results; Gold Miners Squeezed
US stocks closed mixed overnight as US President Donald Trump began his visit to China, accompanied by several senior executives from technology companies. The HSI opened 448 pts h...
Reset
Send
The window will close in 5 seconds
<H Shrs>HSI Upswing Slows to 90 pts at Midday; BABA-W Up 5% Post-Results; Gold Miners Squeezed
Close
Recommend
18
Positive
26
Negative
15
 
 

US stocks closed mixed overnight as US President Donald Trump began his visit to China, accompanied by several senior executives from technology companies. The HSI opened 448 pts higher today but saw its gains narrow, closing at 26,478 at midday, up 90 pts or 0.34%. Half-day turnover amounted to HKD181.231 billion. The HSTECH closed at 5,109, up 16 pts or 0.31%, while the HSCEI stood at 8,889, up 13 pts or 0.15%.

Dotcom bellwethers jumbled. BABA-W (09988.HK)  +2.000 (+1.519%)    Short selling $1.74B; Ratio 14.048%   spiked 5.05% to HKD139.5 at midday after reporting quarterly results, with brokers raising their TPs. TENCENT (00700.HK)  +12.200 (+2.716%)    Short selling $1.32B; Ratio 9.930%   edged down 0.09% to HKD462.2. Although Citi was positive on its AI strategy execution and core earnings growth, Daiwa lowered its TP to HKD700. POP MART (09992.HK)  +2.000 (+1.327%)    Short selling $472.25M; Ratio 20.586%   dived 4.1% to HKD154.3 after Citi and CLSA cut their TPs.

Spot gold shattered below USD4,700 as soaring US inflation dampened expectations of Fed rate cuts. ZHAOJIN MINING (01818.HK)  -0.720 (-3.098%)    Short selling $72.89M; Ratio 9.199%   slumped 11.54% to HKD24.98 at midday. ZIJIN MINING (02899.HK)  -1.120 (-3.254%)    Short selling $458.91M; Ratio 21.770%   tumbled 4.84% to HKD36.94, making it the worst-performing blue chip in the morning session. ZIJIN GOLD INTL (02259.HK)  -5.300 (-3.533%)    Short selling $97.89M; Ratio 8.980%   declined 3.27%, CHINAGOLDINTL (02099.HK)  -7.100 (-4.454%)    Short selling $48.78M; Ratio 14.427%   shed 4.52%, and LINGBAO GOLD (03330.HK)  -0.500 (-2.644%)    Short selling $11.87M; Ratio 2.072%   slid 6.68%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-18 16:25.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.