Hong Kong stocks opened lower this morning (21st). After dropping 90 points at open, the HSI once rebounded 79 points to a high of 26,567 in the morning session. It last ebbed 52 points or 0.2% to 26,435, with a turnover of $96.386 billion.

The three major Chinese blue chip developers weakened. LONGFOR GROUP (00960.HK)  -0.290 (-3.666%)    Short selling $58.85M; Ratio 115.509%   , CHINA RES LAND (01109.HK)  -0.440 (-1.509%)    Short selling $140.83M; Ratio 176.222%   and CHINA OVERSEAS (00688.HK)  -0.200 (-1.685%)    Short selling $98.88M; Ratio 118.852%   dropped 0.5-1.9%, while Chinese blue chip manager CHINA RES MIXC (01209.HK)  +0.420 (+0.905%)    Short selling $44.23M; Ratio 189.236%   inched up 0.2%, with a turnover of $66.735 million.

Related News G Sachs Lowers TP for LONGFOR (00960.HK) to HKD8.6, Expects Continued Pressure on Development Business
CIFI HOLD GP (00884.HK)  -0.002 (-2.778%)   , following a 16% plunge on block trade yesterday (20th), opened flat this morning (21st) before falling significantly in the morning session. It once slipped to a listing low of $0.114, and tumbled 10.29% to last at $0.122, with active trading volume reaching 127 million shares, involving $15.652 million.

Other major Chinese homebuilders developed individually. COUNTRY GARDEN (02007.HK)  -0.010 (-3.125%)    Short selling $3.53M; Ratio 17.146%   and SINO-OCEAN GP (03377.HK)  0.000 (0.000%)   waned 1-1.6%, while YUEXIU PROPERTY (00123.HK)  -0.030 (-0.804%)    Short selling $17.21M; Ratio 79.458%   lost 0.2%. SEAZEN (01030.HK)  -0.010 (-0.481%)    Short selling $4.76M; Ratio 84.767%   , SUNAC (01918.HK)  -0.020 (-1.887%)    Short selling $6.47M; Ratio 22.315%   and SHIMAO GROUP (00813.HK)  -0.004 (-2.247%)   stabilized, while CHINA JINMAO (00817.HK)  +0.010 (+0.758%)    Short selling $9.24M; Ratio 141.582%   ticked up 0.7%.

CHINA VANKE (02202.HK)  -0.100 (-3.356%)    Short selling $4.87M; Ratio 40.152%   outperformed peers with a 2.6% gain as its holders approved the extension of its first domestic bond. The plan includes repaying 40% of the principal within the month.

Related News UBS: If US Raises Rates This Year, HK Property Market and Real Estate Stocks Face Downside Risk; Rising Oil Prices Impact HK Retail
According to CHINA VANKE's announcement on the Shenzhen Stock Exchange (SZSE), 92.11% of bondholders voted in favor of the proposal to adjust the repayment arrangements for the principal and interest of the repurchased portion of the '21 Vanke 02' bonds.

Pursuant to this plan, 40% of the principal amount of the repurchased bonds will be redeemed on 30 January, while the remaining 60% is proposed to be extended for one year and redeemed on 22 January 2027.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

AASTOCKS Financial News