The HSI gained 95 pts or 0.5% to close at 17,746. The HSCEI rose 13 pts or 0.2% to close at 6,282. The HSTECH dipped 4 pts or 0.1% to close at 3,713. The total turnover for the whole day was $163.417 billion, hitting an almost-nine-month high again.
Financials buoyed up the market. AIA (01299.HK) +3.300 (+6.111%) Short selling $1.41B; Ratio 18.616% ’s 1Q24 VONB rose 27% at AER, with the share buyback program increased by US$2 billion. The share price shot up 6.1% at close. CHINA LIFE (02628.HK) +0.240 (+2.330%) Short selling $180.42M; Ratio 23.651% mounted 2.3% after its 1Q24 VONB added 26%, beating expectations. BANKCOMM (03328.HK) +0.190 (+3.525%) Short selling $16.38M; Ratio 7.661% , with its 1Q24 net profit growing 1.4%, leaped 3.5%. As to other financials, PING AN (02318.HK) +0.800 (+2.235%) Short selling $587.06M; Ratio 25.178% and ZA ONLINE (06060.HK) +0.280 (+2.134%) Short selling $12.18M; Ratio 13.234% swelled more than 2%. CPIC (02601.HK) +0.760 (+4.434%) Short selling $140.84M; Ratio 26.533% shot up 4.4%. Chinese bank BANK OF CHINA (03988.HK) +0.170 (+4.913%) Short selling $820.95M; Ratio 18.438% rallied 4.9%. CCB (00939.HK) +0.100 (+2.012%) Short selling $621.89M; Ratio 18.611% and CM BANK (03968.HK) +0.750 (+2.193%) Short selling $414.26M; Ratio 39.703% spiked more than 2%. HSBC HOLDINGS (00005.HK) +0.600 (+0.924%) Short selling $207.07M; Ratio 10.072% and HKEX (00388.HK) +4.800 (+1.918%) Short selling $409.82M; Ratio 11.745% inched up 0.9% and 1.9%.
Chinese property developers continued to be speculated after Chengdu's property purchase restriction was lifted. KWG GROUP (01813.HK) +0.085 (+29.310%) and SUNAC (01918.HK) +0.320 (+28.319%) Short selling $118.72M; Ratio 6.530% ballooned 29% and 28%. SINO-OCEAN GP (03377.HK) +0.065 (+22.807%) Short selling $1.23M; Ratio 0.896% and AGILE GROUP (03383.HK) +0.105 (+21.212%) Short selling $2.52M; Ratio 4.331% were hyped up 23% and 21% each. CHINA VANKE (02202.HK) +0.790 (+18.990%) Short selling $122.04M; Ratio 10.067% and CIFI HOLD GP (00884.HK) +0.055 (+18.333%) Short selling $1.60M; Ratio 0.499% skyrocketed 19% and 18%. SEAZEN (01030.HK) +0.160 (+13.115%) Short selling $15.31M; Ratio 5.907% and GREENTOWN CHINA (03900.HK) +0.650 (+10.833%) Short selling $34.45M; Ratio 12.926% mushroomed 13% and 11%. CHINA JINMAO (00817.HK) +0.060 (+9.677%) Short selling $6.14M; Ratio 8.911% and R&F PROPERTIES (02777.HK) +0.080 (+8.989%) Short selling $2.39M; Ratio 6.122% leapfrogged 9.7% and 9%. LONGFOR GROUP (00960.HK) +0.780 (+7.091%) Short selling $153.28M; Ratio 16.287% gained exponentially by 7.1%. Property management stock CG SERVICES (06098.HK) +0.540 (+10.998%) Short selling $22.11M; Ratio 5.936% soared 11%.
BIDU-SW (09888.HK) +2.400 (+2.379%) Short selling $619.80M; Ratio 29.303% lifted 2.4% after Tesla (TSLA.US) and BIDU-SW (09888.HK) +2.400 (+2.379%) Short selling $619.80M; Ratio 29.303% reportedly started cooperation on mapping and navigation functions. XIAOMI-W (01810.HK) +0.060 (+0.346%) Short selling $480.82M; Ratio 15.607% , having clarified that the news that Xiaomi Auto began research and development of a new car model was untrue, edged up 0.3%. For other techs, BABA-SW (09988.HK) -0.950 (-1.262%) Short selling $583.25M; Ratio 14.072% and TENCENT (00700.HK) -0.800 (-0.230%) Short selling $1.43B; Ratio 16.055% lost 1.3% and 0.2%. MEITUAN-W (03690.HK) -4.200 (-3.633%) Short selling $1.49B; Ratio 22.396% fell off 3.6%. ALI HEALTH (00241.HK) +0.080 (+2.712%) Short selling $34.66M; Ratio 15.995% and JD HEALTH (06618.HK) +0.900 (+3.383%) Short selling $71.04M; Ratio 26.034% surged 2.7% and 3.4%. BYD ELECTRONIC (00285.HK) +1.750 (+6.986%) Short selling $71.33M; Ratio 18.387% escalated 7% and SUNNY OPTICAL (02382.HK) +0.850 (+2.228%) Short selling $89.14M; Ratio 11.837% hiked 2.2%. SENSETIME-W (00020.HK) +0.020 (+1.681%) Short selling $234.26M; Ratio 6.654% climbed 1.7%, on turnover of over $3.5 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-04-29 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
