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<H Shrs>HSI Swells 346Pts at Midday; Techs/ Consumers/ CN Developers & Insurers Soar
Hong Kong stocks advanced in the morning session on hopes of stimulus measures in mainland China. The HSI opened 58 pts higher. With wilder upswing, it shot up 346 pts or 1.7% to 2...
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<H Shrs>HSI Swells 346Pts at Midday; Techs/ Consumers/ CN Developers & Insurers Soar
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Hong Kong stocks advanced in the morning session on hopes of stimulus measures in mainland China. The HSI opened 58 pts higher. With wilder upswing, it shot up 346 pts or 1.7% to 20,501 at midday; the HSCEI jumped up 148 pts or 2% to 7,397; the HSTECH rose 115 pts or 2.6% to 4,647. The total market turnover for the first half of the trading day was $81.083 billion.

Techs echoed the positive external environment, with TENCENT (00700.HK)  +8.600 (+2.099%)    Short selling $692.31M; Ratio 13.410%   up 2.9% to $421.8; BABA-W (09988.HK)  +2.100 (+2.436%)    Short selling $313.95M; Ratio 12.562%   up 2.3% to $88.2; MEITUAN-W (03690.HK)  +1.900 (+1.138%)    Short selling $554.35M; Ratio 16.596%   up 1.9%; and XIAOMI-W (01810.HK)  +1.050 (+3.448%)    Short selling $277.74M; Ratio 15.547%   , NTES-S (09999.HK)  +2.400 (+1.602%)    Short selling $47.03M; Ratio 16.339%   and KUAISHOU-W (01024.HK)  +1.150 (+2.468%)    Short selling $85.63M; Ratio 8.135%   spiked 2.6%-3.5%. BIDU-SW (09888.HK)  +2.400 (+2.807%)    Short selling $24.78M; Ratio 9.144%   and BILIBILI-W (09626.HK)  +7.000 (+4.505%)    Short selling $52.31M; Ratio 11.408%   shot up 3.9% and 5.9%. In addition, PA GOODDOCTOR (01833.HK)  +0.570 (+9.194%)    Short selling $50.39M; Ratio 12.520%   and MEITU (01357.HK)  +0.390 (+12.914%)    Short selling $6.94M; Ratio 1.122%   rallied 13.9% and 11.9%.

Consumer staples also blossomed, with JIUMAOJIU (09922.HK)  +0.190 (+4.884%)    Short selling $3.12M; Ratio 1.747%   , TONGCHENGTRAVEL (00780.HK)  +1.160 (+6.125%)    Short selling $21.35M; Ratio 11.296%   , MENGNIU DAIRY (02319.HK)  +1.480 (+8.467%)    Short selling $51.36M; Ratio 12.187%   , CHINA RES BEER (00291.HK)  +1.650 (+6.262%)    Short selling $32.91M; Ratio 8.788%   , TOPSPORTS (06110.HK)  +0.190 (+7.393%)    Short selling $6.31M; Ratio 9.653%   and YIHAI INTL (01579.HK)  +0.980 (+6.234%)    Short selling $11.99M; Ratio 10.038%   leaping 7%-7.7%. CTG DUTY-FREE (01880.HK)  +3.650 (+6.848%)    Short selling $2.03M; Ratio 1.809%   , CR BEVERAGE (02460.HK)  +0.680 (+5.191%)   , TSINGTAO BREW (00168.HK)  +2.550 (+4.913%)    Short selling $19.89M; Ratio 11.361%   , TRIP.COM-S (09961.HK)  +28.000 (+4.987%)    Short selling $218.27M; Ratio 27.524%   and HAIDILAO (06862.HK)  +0.720 (+4.245%)    Short selling $46.50M; Ratio 16.821%   mounted 5.4%-6%. Automakers GWMOTOR (02333.HK)  +0.460 (+3.412%)    Short selling $17.18M; Ratio 7.260%   and LI AUTO-W (02015.HK)  +1.650 (+1.862%)    Short selling $35.87M; Ratio 13.969%   surged 5.2% and 3.1%.

Chinese property stock GREENTOWN CHINA (03900.HK)  +0.430 (+4.365%)    Short selling $7.94M; Ratio 13.442%   shot up 5.2%. CIFI HOLD GP (00884.HK)  +0.005 (+1.429%)    Short selling $164.54K; Ratio 2.494%   , SEAZEN (01030.HK)  +0.070 (+3.500%)    Short selling $1.77M; Ratio 6.714%   , SUNAC (01918.HK)  +0.010 (+0.364%)    Short selling $63.81M; Ratio 8.849%   , LONGFOR GROUP (00960.HK)  +0.280 (+2.473%)    Short selling $11.74M; Ratio 17.000%   , AGILE GROUP (03383.HK)  +0.010 (+1.149%)   and CHINA VANKE (02202.HK)  +0.090 (+1.360%)    Short selling $7.46M; Ratio 6.237%   swelled 3%-4.3%. Chinese insurers CHINA LIFE (02628.HK)  +0.200 (+1.299%)    Short selling $32.39M; Ratio 5.737%   jumped up 4.2%, while CPIC (02601.HK)  +0.500 (+1.984%)    Short selling $10.05M; Ratio 5.031%   , PING AN (02318.HK)  +0.900 (+1.915%)    Short selling $214.88M; Ratio 22.919%   , ZA ONLINE (06060.HK)  +0.160 (+1.254%)    Short selling $5.34M; Ratio 10.248%   and PICC GROUP (01339.HK)  +0.030 (+0.777%)    Short selling $2.37M; Ratio 3.302%   rocketed 2.9%-3.6%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-12 12:25.)

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