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<H Shrs>HSI Ends Up 370 pts Midday; TENCENT/ MEITUAN-W Surge 7%+
The HSI opened down 3 pts today (2nd) before reverting up. At midday, it closed at 25,768, up 370 pts or 1.46%, with half-day turnover reaching HKD200.09 billion. The HSTECH closed...
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<H Shrs>HSI Ends Up 370 pts Midday; TENCENT/ MEITUAN-W Surge 7%+
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The HSI opened down 3 pts today (2nd) before reverting up. At midday, it closed at 25,768, up 370 pts or 1.46%, with half-day turnover reaching HKD200.09 billion. The HSTECH closed at 5,137, up 172 pts or 3.48%, while the HSCEI closed at 8,676, up 169 pts or 1.99%.

Leading techs skyrocketed. TENCENT (00700.HK)  +42.400 (+9.725%)    Short selling $3.11B; Ratio 13.826%   closed at HKD469.8 at midday, up 7.75%, making it the best-performing blue chip in the morning session, amid market speculation that the company is close to launching a WeChat AI assistant. MEITUAN-W (03690.HK)  +6.600 (+8.435%)    Short selling $1.34B; Ratio 22.072%   rallied 7.73% at midday after Daiwa and Citi raised their TPs following its results. BABA-W (09988.HK)  +7.100 (+5.782%)    Short selling $1.53B; Ratio 17.167%   shot up 5.29% at midday after its Qwen unit launched the Qwen3.7-Plus multimodal model. JD-SW (09618.HK)  +6.100 (+5.427%)    Short selling $233.68M; Ratio 34.758%   swelled 4%, as the number of users placing orders during the first 52 hours of its "JD 618" campaign hit a record high.

Among blue chips, LI NING (02331.HK)  -0.390 (-2.063%)    Short selling $181.27M; Ratio 39.175%   opened 4.44% higher after NBA star Stephen Curry joined as brand ambassador, but reversed to close down 0.79% at midday. LENOVO GROUP (00992.HK)  +1.420 (+5.626%)    Short selling $1.22B; Ratio 25.780%   leaped another 4.44% after Macquarie lifted its TP. BYD COMPANY (01211.HK)  +5.900 (+6.501%)    Short selling $562.19M; Ratio 23.533%   climbed 6.23%, with Citi saying its May wholesale volume topped expectations.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-02 12:25.)

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