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<H Shrs>HSI Opens 125 Pts Higher; XIAOMI-W Rallies 8% to New High
The HSI opened 125 points or 0.5% higher at 24,451. The HSCEI climbed 36 points or 0.4% to 8,840. The HSTECH rose 18 points or 0.3% to 5,363.XIAOMI-W (01810.HK)'s electric vehi...
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<H Shrs>HSI Opens 125 Pts Higher; XIAOMI-W Rallies 8% to New High
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The HSI opened 125 points or 0.5% higher at 24,451. The HSCEI climbed 36 points or 0.4% to 8,840. The HSTECH rose 18 points or 0.3% to 5,363.

XIAOMI-W (01810.HK)  +0.300 (+0.509%)    Short selling $742.97M; Ratio 10.147%   's electric vehicle YU7 received nearly 290,000 orders within an hour of its public sale. Its stock price rallied 8% to a new high of HKD61.45 at open.

Among other carmakers, BYD COMPANY (01211.HK)  -0.300 (-0.242%)    Short selling $181.52M; Ratio 18.382%   and LI AUTO-W (02015.HK)  -1.700 (-1.537%)    Short selling $220.30M; Ratio 23.813%   opened 2.1% and 2.2% lower. XPENG-W (09868.HK)  -0.800 (-1.114%)    Short selling $153.77M; Ratio 21.864%   also slid 3.7%. In contrast, battery stock CATL (03750.HK)  -2.400 (-0.734%)    Short selling $86.34M; Ratio 28.047%   grew 1.8% to HKD330.6. Auto parts stocks ZHEJIANG SHIBAO (01057.HK)  +0.200 (+3.831%)   and NEXTEER (01316.HK)  +0.190 (+3.467%)    Short selling $1.59M; Ratio 3.627%   spiked 14.9% and 9.1%.

In the tech sector, BABA-W (09988.HK)  -1.600 (-1.427%)    Short selling $285.06M; Ratio 7.926%   and JD-SW (09618.HK)  -1.100 (-0.844%)    Short selling $138.33M; Ratio 19.498%   opened up 0.4% and 0.5%. TENCENT (00700.HK)  -8.000 (-1.559%)    Short selling $103.53M; Ratio 2.516%   , MEITUAN-W (03690.HK)  -2.500 (-1.932%)    Short selling $517.76M; Ratio 13.153%   , NTES-S (09999.HK)  +4.800 (+2.310%)    Short selling $96.87M; Ratio 26.699%   , and BILIBILI-W (09626.HK)  +3.300 (+1.981%)    Short selling $63.98M; Ratio 17.488%   dipped 0.1-0.4%. BIDU-SW (09888.HK)  +0.350 (+0.417%)    Short selling $12.42M; Ratio 7.299%   inched 0.8% lower. SMIC (00981.HK)  +0.800 (+1.784%)    Short selling $181.23M; Ratio 4.070%   and KUAISHOU-W (01024.HK)  +1.750 (+2.787%)    Short selling $159.27M; Ratio 12.116%   gained 0.8% and 1.4%. With Xiaomi's XLA large model expected to be upgraded in 2H, KINGSOFT CLOUD (03896.HK)  -0.130 (-1.915%)    Short selling $22.61M; Ratio 9.754%   advanced 4.3% to HKD7.

As Nike (NKE.US)      will reduce production in China to mitigate the impact of US tariffs, SHENZHOU INTL (02313.HK)  +1.350 (+2.455%)    Short selling $38.55M; Ratio 23.429%   opened inclining 3.3%. NEW WORLD DEV (00017.HK)  +0.030 (+0.525%)    Short selling $3.08M; Ratio 4.456%   added 2.1% to HKD5.95 amid reports saying that it had received preliminary consent from all participating lending banks for an HKD87.5 billion refinancing plan.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-30 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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