Chinese dotcoms inclined this morning (16th). BABA-W (09988.HK) +0.600 (+0.442%) Short selling $1.72B; Ratio 15.118% leaped 4.6% to $134.5, while TENCENT (00700.HK) -6.500 (-1.257%) Short selling $1.23B; Ratio 17.483% ballooned 2.8% to $513. BIDU-SW (09888.HK) -1.400 (-1.135%) Short selling $262.15M; Ratio 29.017% hyped up 8.4%, while NTES-S (09999.HK) -4.300 (-2.304%) Short selling $144.02M; Ratio 19.662% elevated 4.6%.Jefferies published a research report providing a preview of 1Q26 results of Chinese internet and technology sectors. The broker expected Ai-driven cloud revenue to accelerate, with logistics and e-commerce performance exceeding expectations.Related News Guosen Securities Lists Top 10 HK Stocks by Foreign Net Inflows and Outflows in 1Q26 (Table)Jefferies estimated that positive surprises include BIDU-SW (09888.HK) -1.400 (-1.135%) Short selling $262.15M; Ratio 29.017% 's higher-than-expected smart cloud infrastructure revenue, as well as better-than-expected 1Q26 earnings from JD-SW (09618.HK) -1.200 (-0.969%) Short selling $291.99M; Ratio 27.165% and JD LOGISTICS (02618.HK) -0.080 (-0.502%) Short selling $55.73M; Ratio 27.754% . The broker maintained its preferences and pecking orders across sub-sectors.Jefferies forecasted that BIDU-SW's AI cloud infrastructure revenue will grow by more than 40% YoY, significantly above market consensus. Alibaba Cloud revenue is also expected to rise 40% YoY, driven by surging AI demand and higher token consumption. KINGSOFT CLOUD (03896.HK) +0.010 (+0.108%) Short selling $37.38M; Ratio 5.357% raised its full-year outlook, while Tencent Cloud revenue accelerated. Chinese cloud service providers are set to hike prices this week on tight supply and robust demand. In the AI lab space, MINIMAX-W (00100.HK) -41.500 (-4.609%) Short selling $116.97M; Ratio 17.130% and KNOWLEDGE ATLAS (02513.HK) +8.000 (+0.906%) Short selling $27.92M; Ratio 3.675% have both demonstrated strong growth.Related News CMBI Expects TENCENT (00700.HK) 1Q26 Results to Be Solid, Says Market Overreacted to AI InvestmentTherefore, the broker's sector stock preferences are as follows: BABA-W and TENCENT (00700.HK) -6.500 (-1.257%) Short selling $1.23B; Ratio 17.483% are its sector top picks, followed by BIDU-SW, JD-SW, MINIMAX-W, KINGSOFT CLOUD, NTES-S (09999.HK) -4.300 (-2.304%) Short selling $144.02M; Ratio 19.662% , KUAISHOU-W (01024.HK) -0.600 (-1.275%) Short selling $208.30M; Ratio 16.354% , BILIBILI-W (09626.HK) -4.200 (-2.108%) Short selling $52.14M; Ratio 12.264% , MEITUAN-W (03690.HK) -2.250 (-2.535%) Short selling $1.17B; Ratio 29.135% , JD LOGISTICS, ZTO EXPRESS-W (02057.HK) -3.900 (-1.964%) Short selling $122.89M; Ratio 44.125% , J&T EXPRESS-W (01519.HK) -0.070 (-0.662%) Short selling $5.06M; Ratio 3.114% , TRIP.COM-S (09961.HK) -2.600 (-0.604%) Short selling $45.77M; Ratio 6.900% , TONGCHENGTRAVEL (00780.HK) -0.310 (-1.615%) Short selling $26.88M; Ratio 27.924% , HWORLD-S (01179.HK) +0.720 (+1.697%) Short selling $13.60M; Ratio 14.293% , Atour Lifestyle Holdings (ATAT.US) , PDD Holdings (PDD.US) , BOSS ZHIPIN-W (02076.HK) -0.600 (-1.078%) Short selling $484.48K; Ratio 4.091% , Full Truck Alliance (YMM.US) , BEKE-W (02423.HK) -0.760 (-1.765%) Short selling $157.89M; Ratio 39.306% , Vipshop Holdings (VIPS.US) , MEITU (01357.HK) -0.040 (-0.857%) Short selling $61.59M; Ratio 28.070% , JOYY (JOYY.US) , SF INTRA-CITY (09699.HK) -0.120 (-1.053%) Short selling $718.86K; Ratio 5.817% , DAMAI ENT (01060.HK) -0.020 (-3.175%) Short selling $13.78M; Ratio 17.554% , TME-SW (01698.HK) -0.100 (-0.251%) Short selling $7.53M; Ratio 13.452% , NETEASE MUSIC (09899.HK) -2.800 (-2.191%) Short selling $19.03M; Ratio 18.425% and Qfin Holdings (QFIN.US) .(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-17 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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