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<H Shrs>HSI Retreats 182 pts at Close; MEITUAN Pressured Pre-results, as NONGFU SPRING Crashes 10%
HSI dropped 182 points or 1.1% to close at 17,692. HSCEI dropped 80 points or 1.3% to close at 6,225. HSTECH waned 55 points or 1.6% to close at 3,445. Total turnover for the day w...
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<H Shrs>HSI Retreats 182 pts at Close; MEITUAN Pressured Pre-results, as NONGFU SPRING Crashes 10%
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HSI dropped 182 points or 1.1% to close at 17,692. HSCEI dropped 80 points or 1.3% to close at 6,225. HSTECH waned 55 points or 1.6% to close at 3,445. Total turnover for the day was $93.93 billion.

A number of blue chips announced their results. ANTA SPORTS (02020.HK)  -1.600 (-1.847%)    Short selling $164.72M; Ratio 30.747%   interim profit escalated 63% and interim dividend rose 44%, while announcing a plan to spend up to $10 billion on buyback. ANTA shares inclined 4.5%. HANSOH PHARMA (03692.HK)  -0.770 (-3.765%)    Short selling $12.62M; Ratio 6.619%   's interim profit surged 1.1x, and its share price soared 13.1%. CHINA RES MIXC (01209.HK)  +0.200 (+0.626%)    Short selling $9.38M; Ratio 9.578%   earned 36% more in the half-year, with interim and special dividends totalling RMB85.4 cents. Its shares rose 3.3%.

Related NewsBofAS Elevates BILIBILI-W (09626.HK) TP to $176, Expects 3Q Results to Beat Forecasts
HAIDILAO (06862.HK)  +0.020 (+0.126%)    Short selling $57.19M; Ratio 19.237%   's interim profit declined 10%, and its share price increased 0.7%. HAIER SMARTHOME (06690.HK)  -0.400 (-1.342%)    Short selling $46.93M; Ratio 8.923%   declared no dividend after earning 16% more in the interim, and its share price retreated 2.6%. NONGFU SPRING (09633.HK)  -0.150 (-0.512%)    Short selling $67.40M; Ratio 28.354%   's packaged water business sales dived 18%, and its shares crashed 10.4%. CHINA RES LAND (01109.HK)  +0.350 (+1.383%)    Short selling $37.04M; Ratio 10.693%   saw its half-yearly earnings wane 25%, and its shares slumped 5.2%.

In technology stocks, BABA-W (09988.HK)  -0.750 (-0.769%)    Short selling $735.14M; Ratio 13.153%   decreased 1.1% along with the market after its dual primary listing on SEHK took effect. MEITUAN-W (03690.HK)  -1.500 (-0.792%)    Short selling $781.98M; Ratio 12.603%   closed down 3.2% before announcing its results after market close. TENCENT (00700.HK)  -3.400 (-0.813%)    Short selling $190.45M; Ratio 3.295%   , NTES-S (09999.HK)  +0.700 (+0.552%)    Short selling $186.47M; Ratio 21.494%   , KUAISHOU-W (01024.HK)  -0.400 (-0.846%)    Short selling $227.66M; Ratio 14.630%   and BILIBILI-W (09626.HK)  +0.200 (+0.116%)    Short selling $68.54M; Ratio 7.514%   decreased 2% to 2.6%, while BIDU-SW (09888.HK)  -0.450 (-0.495%)    Short selling $151.42M; Ratio 15.701%   reduced 3.2% and XIAOMI-W (01810.HK)  -0.050 (-0.193%)    Short selling $306.72M; Ratio 9.152%   increased 0.4%. JD-SW (09618.HK)  -4.000 (-2.462%)    Short selling $257.08M; Ratio 13.441%   shares elevated 1.8% after announcing a US$5 billion new share buyback. SENSETIME-W (00020.HK)  0.000 (0.000%)    Short selling $36.49M; Ratio 4.381%   narrowed its interim loss to RMB2.457 billion, and its shares retreated 5.1% for the day.

As for car stocks, XPENG-W (09868.HK)  -0.200 (-0.435%)    Short selling $188.46M; Ratio 21.068%   launched its mass-market brand and its share price rose 2.1%. Shares of peers LI AUTO-W (02015.HK)  -1.200 (-1.077%)    Short selling $252.55M; Ratio 20.194%   , GWMOTOR (02333.HK)  -0.180 (-1.362%)    Short selling $102.24M; Ratio 29.081%   and LEAPMOTOR (09863.HK)  +0.050 (+0.160%)    Short selling $29.62M; Ratio 16.242%   shed 3% to 3.8%, with LI AUTO due to announce results. EVERG VEHICLE (00708.HK)  -0.005 (-1.667%)    Short selling $6.93K; Ratio 0.232%   shares waned 3.5% after its half-year loss is estimated to widen to RMB20.254 billion.

Related NewsM Stanley Raises HKEX (00388.HK) TP to $240, Hikes Earning Forecast
In financials, CHINA TAIPING (00966.HK)  -1.220 (-8.133%)    Short selling $1.78M; Ratio 1.320%   shares rocketed 14.2% on the day after its interim NBV hiked 84%. ZA ONLINE (06060.HK)  -0.040 (-0.283%)    Short selling $8.70M; Ratio 12.805%   half-year net profit crumpled 75%, and its shares collapsed 17.4%.

As for other results stocks, Chinese homebuilder CHINA JINMAO (00817.HK)  +0.040 (+3.670%)    Short selling $4.75M; Ratio 10.385%   earned 1.33 times more at the interim and declared an interim dividend of HK3 cents. Its shares rose 1.5%. Macau casino stock SJM HOLDINGS (00880.HK)  0.000 (0.000%)    Short selling $751.07K; Ratio 3.959%   narrowed its half-year loss to $162 million, and its share price dropped 2.5%. Property firm SINO LAND (00083.HK)  -0.080 (-1.019%)    Short selling $11.78M; Ratio 23.692%   saw its full-year underlying profit fall 15%, and its shares lowered 2%.

Cement stock CONCH CEMENT (00914.HK)  +0.600 (+2.709%)    Short selling $26.63M; Ratio 15.707%   made 48% less profit in the interim, and its share price slumped 3.3%. CNBM (03323.HK)  +0.010 (+0.300%)    Short selling $16.77M; Ratio 17.843%   crumbled 6.7% after interim swung from profit to loss. CHINACOMSERVICE (00552.HK)  -0.010 (-0.235%)    Short selling $1.58M; Ratio 5.578%   earned more than 4% in interim profit and got its target price raised by brokers, but its share price still faltered 3.8%. BJ ENT WATER (00371.HK)  0.000 (0.000%)    Short selling $4.92M; Ratio 23.506%   cratered 6.3% after it made 18% less profit in the interim.

Related NewsDaiwa Cuts BIDU-SW (09888.HK) TP to $128; Macro Headwinds Persist
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-29 16:25.)

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