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<HK Wrap-up>HSI Sheds 208 pts; WuXi Series Crash, as JD Hikes Near 6%
HSI slumped 208 points or 1.3% to close at 16,229. HSCEI lowered 59 points or 1% to close at 5,613. HSTECH descended 53 points or 1.6% to close at 3,359. The total market turnover ...
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<HK Wrap-up>HSI Sheds 208 pts; WuXi Series Crash, as JD Hikes Near 6%
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HSI slumped 208 points or 1.3% to close at 16,229. HSCEI lowered 59 points or 1% to close at 5,613. HSTECH descended 53 points or 1.6% to close at 3,359. The total market turnover for the day was $98.009 billion.

US Senate Committee passed the Biosercure Act. Within the WuXi series, WUXI BIO (02269.HK)  +0.740 (+5.808%)    Short selling $47.47M; Ratio 6.442%   and WUXI APPTEC (02359.HK)  +1.450 (+4.296%)    Short selling $11.43M; Ratio 3.587%   evaporated 21.5% and 20.6%, while WUXI XDC (02268.HK)  +0.500 (+2.500%)   cratered 9.9%. PHARMARON (03759.HK)  +0.680 (+7.727%)    Short selling $1.76M; Ratio 2.649%   crashed 16%, GENSCRIPT BIO (01548.HK)  +0.260 (+2.416%)    Short selling $26.18M; Ratio 17.199%   and CANSINOBIO (06185.HK)  +0.460 (+2.505%)    Short selling $201.46K; Ratio 0.716%   dropped more than 5%, and REMEGEN (09995.HK)  +0.250 (+0.826%)    Short selling $3.06M; Ratio 8.567%   plummeted 7.5%.

Related NewsBofAS: TENCENT's Annual Buyback May Top $130B, Beating Forecast
The US ADR of JD (JD.US)      soared 16%, as the company reiterated guidance for JD Retail's revenue this year to outperform overall retail growth. JD-SW (09618.HK)  +6.400 (+5.750%)    Short selling $602.09M; Ratio 29.397%   spiked 6% to close at $94.55. JD LOGISTICS (02618.HK)  +0.260 (+3.155%)    Short selling $5.97M; Ratio 6.598%   turned from a loss to a profit of RMB616 million last year, and its share price ascended 5.5% for the day.

For other dot-com stocks, NTES-S (09999.HK)  +2.600 (+1.774%)    Short selling $93.03M; Ratio 8.537%   dropped 4%, while BABA-SW (09988.HK)  +2.300 (+3.151%)    Short selling $799.19M; Ratio 13.862%   , TENCENT (00700.HK)  +9.000 (+2.652%)    Short selling $1.88B; Ratio 18.261%   , XIAOMI-W (01810.HK)  +0.760 (+4.578%)    Short selling $597.84M; Ratio 14.869%   , BIDU-SW (09888.HK)  +3.000 (+3.064%)    Short selling $191.08M; Ratio 20.554%   , and KUAISHOU-W (01024.HK)  +3.700 (+7.008%)    Short selling $697.32M; Ratio 26.910%   declined 1% to 1.8%. MEITUAN-W (03690.HK)  +4.100 (+3.677%)    Short selling $1.70B; Ratio 25.197%   fell 3.7% after rumours of a major overhaul of Douyin's life service team, which raised market concerns about related competition. In addition, XD INC (02400.HK)  +0.560 (+3.774%)    Short selling $5.63M; Ratio 7.809%   and WEIMOB INC (02013.HK)  +0.070 (+5.263%)    Short selling $20.66M; Ratio 11.462%   shed 5.4% and 4%, but BILIBILI-W (09626.HK)  +4.200 (+4.196%)    Short selling $184.93M; Ratio 28.469%   ascended 3.6%.

Food stock U-PRESID CHINA (00220.HK)  +0.060 (+1.010%)    Short selling $606.70K; Ratio 2.058%   made 36% more profit last year and raised DPS. Its share price soared 13.2% for the whole day. Several private equity funds are reportedly interested in privatizing SAMSONITE (01910.HK)  -0.150 (-0.542%)    Short selling $20.97M; Ratio 25.636%   , and its shares rose 0.5% amid a falling market.

Related NewsG Sachs Slightly Raises TP of HKEX (00388.HK) to $330, Lifts EPS Forecast
Gold price broke the top again. SD GOLD (01787.HK)  +0.740 (+4.348%)    Short selling $22.56M; Ratio 11.689%   , ZHAOJIN MINING (01818.HK)  +0.520 (+4.160%)    Short selling $83.38M; Ratio 18.024%   and ZIJIN MINING (02899.HK)  +0.560 (+3.283%)    Short selling $229.25M; Ratio 26.095%   lifted 2.6% to 3.3%. MMG (01208.HK)  +0.200 (+5.698%)    Short selling $49.97M; Ratio 20.443%   surged 14.7% on expectations of profit contribution from its Khoemacau copper mine in Africa.

As for other blue chips, HSBC HOLDINGS (00005.HK)  +0.200 (+0.309%)    Short selling $180.43M; Ratio 11.399%   inclined 0.7% to $58.5 at ex-dividend day, while HKEX (00388.HK)  +3.400 (+1.378%)    Short selling $311.12M; Ratio 11.232%   and AIA (01299.HK)  +2.450 (+4.753%)    Short selling $730.44M; Ratio 16.460%   retreated 1.8% and 0.9%. Export stock TECHTRONIC IND (00669.HK)  +2.300 (+2.160%)    Short selling $209.55M; Ratio 23.058%   earned 9% less last year, but Morgan Stanley said its performance in 2H23 is better than expected. TECHTRONIC's share price added 1.5%.

Mainland real estate stock CHINA OVERSEAS (00688.HK)  +1.060 (+8.217%)    Short selling $226.89M; Ratio 23.474%   logged a 69% YoY decline in property sales during February, and its stock price dropped 2.5%. Local real estate stock WHARF REIC (01997.HK)  +0.800 (+3.471%)    Short selling $20.00M; Ratio 12.412%   turned from a loss to a profit of $4.77 billion last year, with brokers finding its dividend payout better than expected. WHARF REIC's stock price hiked 5.6% for the day.

Related NewsJPM Increases ASMPT (00522.HK) TP to $120, Rates Overweight

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-04-26 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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