The Hong Kong market rose first and then fell today. The HSI opened 59 points higher, climbing 80 points in the early stage to 17,254, from which it began sliding, down 118 points at one point to 17,055. It ended the day at 17,113, down 60 points or 0.4%. The HSCEI dropped 24 points, or 0.4%, to close at 6,025. The HSTECH slipped 33 points, or 1%, to close at 3,395. Market turnover for the whole day shrank to $68.045 billion, another record low in about half a year.

TME-SW (01698.HK)  +1.800 (+3.883%)    Short selling $78.40K; Ratio 3.085%   ADR crashed 15%. As the market was concerned that the guidance for TME-SW's music subscription revenue in 2H24 and 2025 was lower than expected, TME-SW's share price cratered 18.1% throughout the day. TENCENT (00700.HK)  +11.200 (+2.697%)    Short selling $3.61B; Ratio 18.889%   , which will announce its results within the day, dropped 1.3% to $373.8. As for other tech stocks, BABA-SW (09988.HK)  -2.850 (-3.436%)    Short selling $1.70B; Ratio 15.943%   , XIAOMI-W (01810.HK)  +0.850 (+2.760%)    Short selling $1.23B; Ratio 19.064%   , BIDU-SW (09888.HK)  -2.150 (-2.556%)    Short selling $348.01M; Ratio 26.170%   , and BILIBILI-W (09626.HK)  -0.400 (-0.266%)    Short selling $34.93M; Ratio 8.132%   edged down 0.2%-0.6%. MEITUAN-W (03690.HK)  +0.200 (+0.126%)    Short selling $697.94M; Ratio 12.882%   and KUAISHOU-W (01024.HK)  -2.450 (-5.420%)    Short selling $1.08B; Ratio 29.537%   slipped 1.3%, while JD-SW (09618.HK)  -4.300 (-3.035%)    Short selling $241.93M; Ratio 7.618%   closed flat at $100.8, NTES-S (09999.HK)  -0.900 (-0.626%)    Short selling $99.44M; Ratio 16.221%   and XD INC (02400.HK)  -0.300 (-1.130%)    Short selling $27.90M; Ratio 15.839%   decreased by 3.9% and 4.9%, while KINGSOFT CLOUD (03896.HK)  +0.460 (+10.875%)    Short selling $13.04M; Ratio 2.288%   and EAST BUY (01797.HK)  +2.200 (+15.537%)    Short selling $179.10M; Ratio 13.060%   dived 5.2% and 8.4%. CHINA LIT (00772.HK)  -0.150 (-0.546%)    Short selling $23.49M; Ratio 22.948%   retreated 3%.

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WH GROUP (00288.HK)  -0.100 (-1.639%)    Short selling $62.06M; Ratio 20.493%   surged 8.4% with a growth of 81% in its interim net profit before biological fair value adjustment and interim dividend doubling to HK10 cents. TINGYI (00322.HK)  +0.030 (+0.303%)    Short selling $6.04M; Ratio 7.780%   elevated 2% after being upgraded to a Buy rating by HSBC Research. As for other consumer stocks, JIUMAOJIU (09922.HK)  -0.010 (-0.277%)    Short selling $1.48M; Ratio 3.412%   , TONGCHENGTRAVEL (00780.HK)  -0.420 (-2.111%)    Short selling $15.21M; Ratio 10.693%   , CTG DUTY-FREE (01880.HK)  -0.550 (-0.986%)    Short selling $11.78M; Ratio 16.398%   , SAMSONITE (01910.HK)  -0.250 (-1.190%)    Short selling $12.37M; Ratio 6.214%   , and TOPSPORTS (06110.HK)  -0.110 (-3.767%)    Short selling $10.11M; Ratio 9.740%   dropped 2.5%-3.2%, while HISENSE HA (00921.HK)  +0.100 (+0.417%)    Short selling $8.45M; Ratio 16.773%   decreased by 4.5%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-20 16:25.)