The HSI sagged 322 points or 1.2% to close at 25,789 at noon. The HSCEI shed 112 points or 1.3% to 8,693. The HSTECH dropped 48 points or nearly 1% to 4,862. Total market turnover amounted to $156.585 billion.Chinese insurer CHINA LIFE (02628.HK) +0.160 (+0.559%) Short selling $157.88M; Ratio 23.214% advanced nearly 5% at midday as its 1Q net profit fell 32.3%. CLSA said that its net profit was broadly in line with expectations, while Morgan Stanley and JPMorgan noted strong growth in its new business value.Related NewsCMBI Maintains Buy on BYD COMPANY (01211.HK), Overseas Business and R&D Capitalization Support Earnings ResilienceAmong Chinese banks, CCB (00939.HK) +0.060 (+0.683%) Short selling $402.98M; Ratio 42.500% reported a 3.5% increase in 1Q net profit, but its stock price cascaded 1.6%. BANKCOMM (03328.HK) -0.030 (-0.420%) Short selling $96.43M; Ratio 34.060% posted a 3.1% increase in 1Q net profit, but its share price waned nearly 3%. BANK OF CHINA (03988.HK) +0.030 (+0.593%) Short selling $166.07M; Ratio 29.420% recorded a 4.2% YoY hike in 1Q net profit, while ICBC (01398.HK) +0.084 (+1.229%) Short selling $236.26M; Ratio 33.241% posted a 3.3% rise in 1Q net profit, but their share prices faded 1.5% and 1.9%. ABC (01288.HK) +0.009 (+0.152%) Short selling $167.01M; Ratio 39.549% reported a 4.5% growth in 1Q net profit, but its share price lost 1.1%.AI chip stock CAMBRICON (688256.SH) +283.330 (+20.000%) soared 17.3% at midday to break ceiling, as the Company’s 1Q net profit surged 185.04% YoY. Chip stock SMIC (00981.HK) +1.250 (+1.763%) Short selling $346.37M; Ratio 11.880% swelled 6.4%, making it the best-performing blue chip. HUA HONG SEMI (01347.HK) +6.900 (+6.047%) Short selling $295.95M; Ratio 16.932% also leaped 3.9%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-04 16:25.) (A Shares quote is delayed for at least 15 mins.)Related News CICC: BOC HONG KONG (02388.HK) 1Q26 Pre-tax Profit Beats; Maintains Outperform Rating
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