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<H Shrs>HSI Opens 517 pts Higher; BABA-W, XIAOMI-W Balloon 5%+; BYD COMPANY Surges 6%
The HSI opened 517 points or 2.4% higher at 22,080. The HSCEI climbed 202 points or 2.5% to 8,152. The HSTECH rallied 171 points or 3.5% to 5,070.Among tech stocks, BABA-W (09988.H...
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<H Shrs>HSI Opens 517 pts Higher; BABA-W, XIAOMI-W Balloon 5%+; BYD COMPANY Surges 6%
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STOCK INFO

The HSI opened 517 points or 2.4% higher at 22,080. The HSCEI climbed 202 points or 2.5% to 8,152. The HSTECH rallied 171 points or 3.5% to 5,070.

Among tech stocks, BABA-W (09988.HK)  +4.500 (+3.830%)    Short selling $1.40B; Ratio 15.820%   and XIAOMI-W (01810.HK)  +3.150 (+6.306%)    Short selling $1.61B; Ratio 21.944%   opened up 5.6% and 5.3% respectively. TENCENT (00700.HK)  +10.600 (+2.221%)    Short selling $629.30M; Ratio 9.772%   swelled 3.4% to $476. JD-SW (09618.HK)  +4.200 (+3.284%)    Short selling $179.61M; Ratio 7.733%   , KUAISHOU-W (01024.HK)  +1.150 (+2.229%)    Short selling $338.21M; Ratio 33.157%   , and BILIBILI-W (09626.HK)  +3.500 (+2.560%)    Short selling $88.00M; Ratio 35.206%   ballooned 3.8-4.2%. MEITUAN-W (03690.HK)  +2.200 (+1.688%)    Short selling $446.69M; Ratio 11.741%   , BIDU-SW (09888.HK)  +1.000 (+1.157%)    Short selling $128.62M; Ratio 21.613%   , and NTES-S (09999.HK)  +1.800 (+1.078%)    Short selling $179.70M; Ratio 28.147%   gained 2.2-2.5%.

In addition, KINGDEE INT'L (00268.HK)  +0.640 (+4.856%)    Short selling $96.74M; Ratio 26.328%   opened inclining 7%. Chip stocks SMIC (00981.HK)  +0.600 (+1.279%)    Short selling $57.06M; Ratio 3.834%   and HUA HONG SEMI (01347.HK)  +0.900 (+2.539%)    Short selling $50.74M; Ratio 20.067%   added 1.7% and 1.6%. Smart driving chipmaker HORIZONROBOT-W (09660.HK)  +0.950 (+14.504%)    Short selling $86.34M; Ratio 4.461%   ticked up 4%.

Regarding carmakers, BYD COMPANY (01211.HK)  +12.200 (+3.296%)    Short selling $1.01B; Ratio 32.326%   soared 6.2% at open as it announced an issuance of bonus shares in its 2024 distribution plan on the basis of eight bonus shares for every ten shares in issue. NIO-SW (09866.HK)  +0.350 (+1.113%)    Short selling $49.88M; Ratio 23.745%   and XPENG-W (09868.HK)  +4.850 (+6.658%)    Short selling $154.07M; Ratio 17.621%   also leaped 4.6% and 4.4% respectively. LI AUTO-W (02015.HK)  +3.400 (+3.570%)    Short selling $199.00M; Ratio 40.749%   and GEELY AUTO (00175.HK)  +0.320 (+1.956%)    Short selling $72.27M; Ratio 13.805%   jumped up over 3%.

Stocks more affected by tariffs also thrived at open. Handset-related stocks BYD ELECTRONIC (00285.HK)  +1.300 (+4.025%)    Short selling $73.70M; Ratio 21.315%   and SUNNY OPTICAL (02382.HK)  +2.350 (+3.588%)    Short selling $181.66M; Ratio 33.278%   rocketed 6.2% and 4.6%, while PC maker LENOVO GROUP (00992.HK)  +0.260 (+2.892%)    Short selling $141.35M; Ratio 15.354%   grew 3.8%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)

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