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<H Shrs>HSI Gains 56 Pts; KUAISHOU-W Slips 3%; CSPC PHARMA Up 6%+
The HSI opened 56 pts or 0.3% higher at 18,069; the HSCEI opened 11 pts or 0.2% higher at 6,316; and the HSTECH opened 2 pts or 0.06% lower at 3,649.Shareholders of KUAISHOU-W (010...
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<H Shrs>HSI Gains 56 Pts; KUAISHOU-W Slips 3%; CSPC PHARMA Up 6%+
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SHORT SELL
 
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The HSI opened 56 pts or 0.3% higher at 18,069; the HSCEI opened 11 pts or 0.2% higher at 6,316; and the HSTECH opened 2 pts or 0.06% lower at 3,649.

Shareholders of KUAISHOU-W (01024.HK)  -0.650 (-1.544%)    Short selling $243.18M; Ratio 3.731%   reduced holdings in the company by 91.7 million shares at a discount, report said. In the morning session, 91.7 million shares were traded during the Closing Auction Session (CAS) at a price of $40.54 per share, involving $3.72 billion. The stock opened at $40.85, down 3%. CSPC PHARMA (01093.HK)  +0.300 (+6.397%)    Short selling $185.59M; Ratio 14.508%   planned to further repurchase up to $5 billion of shares. The stock price opened 6.2% higher at $4.98.

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Among other techs, BABA-W (09988.HK)  +1.500 (+1.750%)    Short selling $1.74B; Ratio 16.207%   gained 0.4% at $86. TENCENT (00700.HK)  -0.200 (-0.051%)    Short selling $908.19M; Ratio 8.228%   hiked 0.3% at $390. MEITUAN-W (03690.HK)  +2.100 (+1.570%)    Short selling $1.24B; Ratio 15.198%   added 1.3% at $135.6. XIAOMI-W (01810.HK)  +0.080 (+0.404%)    Short selling $362.41M; Ratio 13.554%   opened flat at $19.8. JD-SW (09618.HK)  +0.800 (+0.716%)    Short selling $498.74M; Ratio 25.696%   and BIDU-SW (09888.HK)  +0.150 (+0.176%)    Short selling $226.01M; Ratio 23.878%   each dipped 0.4% and 0.8%. Rumor spread that the EU postponed voting on the tariff hike on China-made EVs. EV makers XPENG-W (09868.HK)  +2.450 (+6.882%)    Short selling $154.44M; Ratio 12.715%   and NIO-SW (09866.HK)  +1.000 (+2.436%)    Short selling $128.67M; Ratio 26.912%   soared 2.7% and 2.3%, whereas GEELY AUTO (00175.HK)  +0.650 (+6.974%)    Short selling $271.79M; Ratio 20.243%   climbed 1.3%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-20 16:25.)

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