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<H Shrs>HSI Lifts 122 pts at Close; TENCENT Soars 2%+; MINIMAX-W, KNOWLEDGE ATLAS, XUNCE Wane
US stocks were mixed overnight (18th). Techs saw profit-taking, while the DJIA grew 159 pts. The S&P 500 and Nasdaq sank for a second consecutive day. The HSI opened slightly h...
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<H Shrs>HSI Lifts 122 pts at Close; TENCENT Soars 2%+; MINIMAX-W, KNOWLEDGE ATLAS, XUNCE Wane
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US stocks were mixed overnight (18th). Techs saw profit-taking, while the DJIA grew 159 pts. The S&P 500 and Nasdaq sank for a second consecutive day. The HSI opened slightly higher by 18 pts today (19th) and trended upward. It closed at 25,797, up 122 pts or 0.48%. Full-day turnover reached HKD272.166 billion. The HSCEI finished at 8,639, up 41 pts or 0.49%. The HSTECH concluded at 4,857, up 12 pts or 0.26%.

Among major tech names, TENCENT (00700.HK)  0.000 (0.000%)    Short selling $939.48M; Ratio 6.551%   saw its Tencent Cloud platform Hy3 preview and DeepSeek-V4-Pro set for commercialization. The stock once rallied more than 4% and closed at HKD460, up 2.4%. BABA-W (09988.HK)  0.000 (0.000%)    Short selling $1.50B; Ratio 14.413%   , MEITUAN-W (03690.HK)  0.000 (0.000%)    Short selling $1.32B; Ratio 25.004%   , BIDU-SW (09888.HK)  0.000 (0.000%)    Short selling $392.53M; Ratio 31.885%   and NTES-S (09999.HK)  0.000 (0.000%)    Short selling $615.21M; Ratio 26.152%   each gained over 1%.

AI large-model stocks were suppressed against the broader market trend. MINIMAX-W (00100.HK)  0.000 (0.000%)    Short selling $218.50M; Ratio 7.824%   and KNOWLEDGE ATLAS (02513.HK)  0.000 (0.000%)    Short selling $208.76M; Ratio 8.881%   plunged 7.2% and 9.4%, respectively. Big data stock XUNCE (03317.HK)  0.000 (0.000%)   slumped 9.8%.

The "NIO, XPENG and LI AUTO" EV trio declined. LI AUTO-W (02015.HK)  0.000 (0.000%)    Short selling $312.24M; Ratio 28.887%   opened flat and moved lower, closing at HKD62.1, down 4.31%, the worst-performing blue chip of the day. NIO-SW (09866.HK)  0.000 (0.000%)    Short selling $166.63M; Ratio 35.120%   slid 4.75%, while XPENG-W (09868.HK)  0.000 (0.000%)    Short selling $670.91M; Ratio 29.109%   cratered 3.54%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-26 16:25.)

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