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<H Shrs>HSI Closes Rallying 354 pts; CN Banks Lead Charge; Autos/ Pharmas Brisk
The HSI ended the day up 354 points or 1.5% at 23,512. The HSCEI rose 160 points or 1.9% to close at 8,519. The HSTECH climbed 55 points or 1.1%, closing at 5,189. The total market...
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<H Shrs>HSI Closes Rallying 354 pts; CN Banks Lead Charge; Autos/ Pharmas Brisk
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The HSI ended the day up 354 points or 1.5% at 23,512. The HSCEI rose 160 points or 1.9% to close at 8,519. The HSTECH climbed 55 points or 1.1%, closing at 5,189. The total market turnover for the day amounted to HKD203.681 billion.

Chinese banks spearheaded the rally. ICBC (01398.HK)  -0.020 (-0.339%)    Short selling $137.20M; Ratio 5.998%   , ABC (01288.HK)  +0.030 (+0.567%)    Short selling $201.56M; Ratio 14.228%   , CCB (00939.HK)  -0.020 (-0.274%)    Short selling $241.84M; Ratio 9.141%   , BANK OF CHINA (03988.HK)  -0.040 (-0.868%)    Short selling $296.06M; Ratio 15.794%   , CM BANK (03968.HK)  -0.250 (-0.495%)    Short selling $144.35M; Ratio 17.712%   , and PSBC (01658.HK)  0.000 (0.000%)    Short selling $40.60M; Ratio 22.462%   gained 2.7-3.5%. Chinese insurers PICC P&C (02328.HK)  -0.280 (-1.821%)    Short selling $36.79M; Ratio 9.758%   and PICC GROUP (01339.HK)  -0.150 (-2.799%)    Short selling $10.45M; Ratio 4.069%   advanced 3.9-2.5%, but ZA ONLINE (06060.HK)  -1.700 (-8.854%)    Short selling $277.25M; Ratio 15.863%   retreated 6.4%. Brokers CGS (06881.HK)  -0.150 (-1.854%)    Short selling $13.38M; Ratio 5.608%   , HTSC (06886.HK)  -0.120 (-0.855%)    Short selling $18.96M; Ratio 25.352%   and GTHT (02611.HK)  -0.040 (-0.345%)    Short selling $4.27M; Ratio 4.946%   ballooned 2.9-3.7%.

Automaker LI AUTO-W (02015.HK)  0.000 (0.000%)    Short selling $883.23M; Ratio 25.448%   spiked 5.8%. Goldman Sachs expected the facelifted L-series and the MEGA Home to boost 2Q and 3Q sales. Meanwhile, GWMOTOR (02333.HK)  -0.220 (-1.757%)    Short selling $45.20M; Ratio 20.125%   and BYD COMPANY (01211.HK)  -9.000 (-2.184%)    Short selling $1.61B; Ratio 13.606%   added 3.9%. XIAOMI-W (01810.HK)  -1.150 (-2.120%)    Short selling $721.80M; Ratio 10.812%   inclined 3.1% to HKD53.2. Chinese media quoted the company's founder Lei Jun as saying at a Xiaomi investor conference that losses in the company's auto business are gradually diminishing, and that profitability is expected for 3Q-4Q25. XPENG-W (09868.HK)  -1.400 (-1.765%)    Short selling $688.31M; Ratio 23.631%   also climbed 2.4%.

Among tech stocks, NTES-S (09999.HK)  -2.200 (-1.093%)    Short selling $787.21M; Ratio 14.577%   hiked 2.4% to HKD197.3. BABA-W (09988.HK)  -1.700 (-1.437%)    Short selling $1.71B; Ratio 19.496%   , TENCENT (00700.HK)  0.000 (0.000%)    Short selling $686.49M; Ratio 10.172%   , MEITUAN-W (03690.HK)  -2.700 (-1.870%)    Short selling $1.09B; Ratio 18.200%   , and BIDU-SW (09888.HK)  -0.350 (-0.417%)    Short selling $529.89M; Ratio 27.909%   inched up 0.6-1.3%. In contrast, BILIBILI-W (09626.HK)  +0.900 (+0.618%)    Short selling $329.92M; Ratio 24.607%   edged down 0.3%, and KUAISHOU-W (01024.HK)  +4.600 (+8.440%)    Short selling $1.74B; Ratio 19.248%   dropped 2.4% to HKD51.2.

In addition, CHINA LIT (00772.HK)  -0.550 (-1.855%)    Short selling $231.62M; Ratio 26.304%   and TME-SW (01698.HK)  -1.650 (-2.366%)    Short selling $1.60M; Ratio 1.811%   grew 3% and 2.9%, while NETEASE MUSIC (09899.HK)  -7.200 (-3.186%)    Short selling $32.98M; Ratio 16.375%   fell 2.8%. Chip stock SMIC (00981.HK)  -2.050 (-4.852%)    Short selling $117.74M; Ratio 3.575%   rallied 1%.

Pharma stock HANSOH PHARMA (03692.HK)  +0.750 (+2.836%)    Short selling $41.24M; Ratio 18.679%   ticked up 1.9%. It secured an upfront payment of USD80 million for a product license granted to Regeneron. LUYE PHARMA (02186.HK)  +0.130 (+4.626%)    Short selling $46.89M; Ratio 9.957%   and AKESO (09926.HK)  +0.300 (+0.366%)    Short selling $71.65M; Ratio 10.744%   mushroomed 9% and 7.6%. PHARMARON (03759.HK)  -0.360 (-2.284%)    Short selling $8.70M; Ratio 5.977%   , REMEGEN (09995.HK)  -1.300 (-2.748%)    Short selling $6.40M; Ratio 1.678%   , CANSINOBIO (06185.HK)  +0.300 (+0.875%)    Short selling $6.01M; Ratio 14.544%   and GENSCRIPT BIO (01548.HK)  +1.180 (+8.780%)    Short selling $71.78M; Ratio 10.944%   shot up 5.3-6.9%. HENGRUI PHARMA (01276.HK)  +0.600 (+1.054%)   slipped 2.1%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)

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