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
HSI Sinks 250+ Pts After Midday as Mkt Awaiting CN Rare Earth Announcement; KUAISHOU-W Slips 6%; DJIA Futures Fall 150+ Pts
The US and China have reached a trade consensus, with the US maintaining the tariff rates on China but lifting certain export controls. China is also said to resume rare earth magn...
Reset
Send
The window will close in 5 seconds
HSI Sinks 250+ Pts After Midday as Mkt Awaiting CN Rare Earth Announcement; KUAISHOU-W Slips 6%; DJIA Futures Fall 150+ Pts
Close
Recommend
134
Positive
228
Negative
143
 
SHORT SELL
 
STOCK INFO

The US and China have reached a trade consensus, with the US maintaining the tariff rates on China but lifting certain export controls. China is also said to resume rare earth magnet exports for six months, the official announcement of which is now in the market's spotlight.

After settling the midday down 121 points, the HSI further deepened its decline and once sank to a bottom of 24,102 with a slump of 264 points. It last printed at 24,112, down 254 points or about 1%, with a turnover of HKD155.825 billion.

Related NewsM Stanley: Resignation of CHINA RES BEER (00291.HK) Chairman Unlikely to Cause Major Strategic Changes
Heavyweight tech stocks weighed on the market. KUAISHOU-W (01024.HK)  +0.500 (+0.796%)    Short selling $336.80M; Ratio 13.662%   last traded at HKD58.3, down 6.27%, with a turnover of HKD2.968 billion. XIAOMI-W (01810.HK)  +1.000 (+1.696%)    Short selling $1.73B; Ratio 11.261%   was last at HKD52.8, down 2.4%, with a turnover of HKD3.696 billion. BABA-W (09988.HK)  -2.300 (-2.052%)    Short selling $803.41M; Ratio 8.063%   was last at HKD115.2, down 2.7%, with a turnover of HKD4.541 billion. MEITUAN-W (03690.HK)  -4.100 (-3.168%)    Short selling $900.78M; Ratio 9.887%   , TENCENT (00700.HK)  -10.000 (-1.949%)    Short selling $385.42M; Ratio 4.129%   , and JD-SW (09618.HK)  -2.400 (-1.842%)    Short selling $286.44M; Ratio 17.170%   slid 1.1-1.6%.

Chinese consumer stocks trended downward. CHINA RES BEER (00291.HK)  +0.250 (+1.010%)    Short selling $131.38M; Ratio 17.938%   , BYD COMPANY (01211.HK)  -1.700 (-1.369%)    Short selling $646.49M; Ratio 22.564%   , HAIDILAO (06862.HK)  -0.260 (-1.715%)    Short selling $23.72M; Ratio 14.407%   , LI NING (02331.HK)  +0.240 (+1.439%)    Short selling $70.90M; Ratio 12.629%   , and ANTA SPORTS (02020.HK)  +0.250 (+0.265%)    Short selling $96.81M; Ratio 11.969%   eroded 2.3-3.3%. BUD APAC (01876.HK)  -0.060 (-0.766%)    Short selling $80.73M; Ratio 57.073%   even dived 5.1%.

SINO BIOPHARM (01177.HK)  -0.040 (-0.755%)    Short selling $83.38M; Ratio 11.769%   rocketed 15% to HKD5.49, making it the best performer among blue-chip stocks. It once climbed to an over three-year high of HKD 5.62 intraday. Two major blue chips under the WuXi series also performed positively. WUXI BIO (02269.HK)  +0.500 (+1.988%)    Short selling $122.08M; Ratio 17.450%   and WUXI APPTEC (02359.HK)  +2.600 (+3.419%)    Short selling $92.78M; Ratio 26.402%   rose 3.6-4.7%. Their same series JW THERAP-B (02126.HK)  +0.080 (+2.878%)   and WUXI XDC (02268.HK)  +1.700 (+4.261%)    Short selling $20.04M; Ratio 7.250%   gained 7% and 2.8%. Additionally, CSPC PHARMA (01093.HK)  -0.030 (-0.388%)    Short selling $120.43M; Ratio 11.355%   and HANSOH PHARMA (03692.HK)  +0.650 (+2.234%)    Short selling $80.49M; Ratio 31.991%   escalated 2.7-3.6%.

Related NewsM Stanley: MEITUAN-W Exits Select Biz to Stop Losses; Sector Top Pick BABA-W
The tension in the Middle East drove up international gold prices. ZIJIN MINING (02899.HK)  -0.450 (-2.195%)    Short selling $171.60M; Ratio 22.992%   mushroomed 6.5%. SD GOLD (01787.HK)  -0.650 (-2.330%)    Short selling $65.19M; Ratio 11.661%   , CHINAGOLDINTL (02099.HK)  -1.850 (-2.539%)    Short selling $8.23M; Ratio 7.417%   , CHIFENG GOLD (06693.HK)  +0.650 (+2.439%)   , and ZHAOJIN MINING (01818.HK)  -0.050 (-0.244%)    Short selling $55.57M; Ratio 10.408%   added 3-4.7%. WANGUO GOLD GP (03939.HK)  +1.400 (+4.674%)    Short selling $49.14M; Ratio 20.353%   shot up 9.5%.

LAOPU GOLD (06181.HK)  +131.000 (+14.937%)    Short selling $294.52M; Ratio 7.917%   , a popular stock in the gold jewelry sector, last traded at HKD916.5, up 5.95%, with a turnover of HKD1.165 billion. Another well-favored stock POP MART (09992.HK)  +8.800 (+3.413%)    Short selling $318.61M; Ratio 8.495%   reached a historical high of HKD283.4 this morning, but its momentum softened after midday. It was last at HKD273.8, up 1.48%, with a turnover of HKD5.349 billion, already surpassing the previous day's total.

In addition, the DJIA futures last faded 153 points or 0.4% to 42,755. The S&P 500 futures dropped 18 points or 0.3% to 6,010. The Nasdaq futures dipped 67 points or 0.3% to 21,820.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-30 16:25.)

Related NewsCiti Keeps Buy on BABA-W; Inclusion of Ele.me & Fliggy in Core E-commerce Biz Will Bring More Resources

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.