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<H Shrs>HSI Opens 9 Pts Lower; SANDS CHINA LTD Grows ~2%; Autos Lackluster
After rallying for four straight trading days, the Hong Kong stock market started the day (24th) slightly weak. The HSI dipped 9 points or 0.04% to 25,528. The HSCEI fell 15 points...
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<H Shrs>HSI Opens 9 Pts Lower; SANDS CHINA LTD Grows ~2%; Autos Lackluster
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After rallying for four straight trading days, the Hong Kong stock market started the day (24th) slightly weak. The HSI dipped 9 points or 0.04% to 25,528. The HSCEI fell 15 points or 0.2% to 9,225. The HSTECH slid 14 points or 0.3% to 5,730.

In the tech sector, BABA-W (09988.HK)  -0.400 (-0.332%)    Short selling $170.74M; Ratio 4.766%   opened flat at HKD120.9. Its Qwen3-Coder is now live on Alibaba Cloud's Bailian platform with an average price of only one-third of Claude 4. TENCENT (00700.HK)  -2.000 (-0.360%)    Short selling $381.19M; Ratio 9.065%   edged 0.3% higher. JD-SW (09618.HK)  -1.000 (-0.762%)    Short selling $50.36M; Ratio 11.061%   was unchanged at HKD134.1. Its same series JD HEALTH (06618.HK)  +1.100 (+2.259%)    Short selling $46.08M; Ratio 30.204%   slipped 2.1%, making it the worst-performing stock among blue chips. MEITUAN-W (03690.HK)  -1.600 (-1.236%)    Short selling $199.30M; Ratio 7.622%   , BIDU-SW (09888.HK)  -2.100 (-2.361%)    Short selling $114.37M; Ratio 27.137%   , and NTES-S (09999.HK)  -4.400 (-2.095%)    Short selling $125.51M; Ratio 21.507%   lost 0.2-1.8%. KUAISHOU-W (01024.HK)  -0.700 (-0.963%)    Short selling $143.04M; Ratio 9.561%   added 0.6%. SENSETIME-W (00020.HK)  -0.050 (-3.049%)    Short selling $50.89M; Ratio 7.067%   receded 1.3%. It plans to place new Class B shares at a 6.25% discount to raise a net HKD2.498 billion.

Related NewsGuotai Haitong Lists Changes in CN Public Fund Holdings in HK Stocks in 2Q (Table)
Among car makers, XIAOMI-W (01810.HK)  -1.700 (-2.993%)    Short selling $1.17B; Ratio 13.891%   and LI AUTO-W (02015.HK)  +4.200 (+3.624%)    Short selling $128.46M; Ratio 20.029%   opened down 0.3% and 0.5%, respectively. NIO-SW (09866.HK)  -0.650 (-1.682%)    Short selling $52.57M; Ratio 45.257%   faded 2%. BYD COMPANY (01211.HK)  -0.500 (-0.390%)    Short selling $295.89M; Ratio 22.424%   plans to start production at its Hungarian plant by the end of this year. Its stock price ebbed 0.2%. XPENG-W (09868.HK)  -0.200 (-0.266%)    Short selling $145.59M; Ratio 31.813%   slipped 0.3%. It has cumulatively delivered 150,000 Xpeng Mona M03s.

In addition, WUXI BIO (02269.HK)  +1.550 (+4.844%)    Short selling $223.72M; Ratio 15.239%   opened inclining 0.2% on expectations of a 56% YoY growth in its 1H25 net profit. Under the same series, WUXI XDC (02268.HK)  +2.250 (+3.820%)    Short selling $20.22M; Ratio 6.884%   shot up 2.1%. SANDS CHINA LTD (01928.HK)  +0.360 (+1.915%)    Short selling $37.35M; Ratio 24.705%   surged 1.8%. Its 2Q25 adjusted property EBITDA rose 0.9% YoY to USD566 million, but its net income dived 13% to USD214 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-29 12:25.)

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