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Home Appliances, CN Consumers Prosper as HAIER SMARTHOME Swells 7%+
MIDEA GROUP (00300.HK) continued to prosper on the second day of debut, and peaked at $64.3. It last printed at $63.1, up 6.77%, 15.1% higher than the listing price of $54.8, with ...
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Home Appliances, CN Consumers Prosper as HAIER SMARTHOME Swells 7%+
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MIDEA GROUP (00300.HK)  -0.250 (-0.389%)   continued to prosper on the second day of debut, and peaked at $64.3. It last printed at $63.1, up 6.77%, 15.1% higher than the listing price of $54.8, with 25.2796 million shares traded, involving $1.573 billion.

Other home appliances followed the share price hike, with HAIER SMARTHOME (06690.HK)  +0.600 (+2.381%)    Short selling $42.92M; Ratio 7.591%   opening 2.14% higher today. The stock peaked at $25.25, and last escalated 7.69% to $25.2, with 14.225 million shares traded, involving $347 million.

Related NewsM Stanley: CN Aug Retail Sales Miss; Sep's Weak Track May Persist
Chinese consumers also boomed. CHINA RES BEER (00291.HK)  +0.550 (+2.355%)    Short selling $59.93M; Ratio 12.079%   last printed at $23.1, leaping 4.05%, with 10.8098 million shares traded, involving $245 million. MENGNIU DAIRY (02319.HK)  +0.280 (+2.096%)    Short selling $65.24M; Ratio 14.138%   last advanced 4.87% to $13.36, with 14.1611 million shares traded for $186 million.

NONGFU SPRING (09633.HK)  +0.600 (+2.344%)    Short selling $91.14M; Ratio 21.796%   gained 3.7% to last at $25.25, with 8.5828 million shares traded, involving $215 million. LI NING (02331.HK)  +0.660 (+4.769%)    Short selling $82.42M; Ratio 11.601%   last printed at $13.82, mounting 4.7%, with 16.3228 million shares traded for $219 million. HAIDILAO (06862.HK)  -0.080 (-0.593%)    Short selling $69.60M; Ratio 24.994%   last printed at $13.18, up 4.77%, with 9.351 million shares traded for $122 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-20 16:25.)

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